Angel Investments
Ayurvedic pet care co TABPS Pets raises Rs.4-Cr
Coimbatore-based TABPS Pets has raised INR 4 crore as a part of its seed funding round from a group of angel investors. Those who invested include Saikat Biswas, Global Head - Medical Devices, Wipro Limited; Vijay Mahnot, CEO of Signet group; Aniruddha Sarkar, CIO of Quest Investment Advisors; KS Priyan, founder PP equities MS LLP; Ajay Rathore, Head of Resource Management at Nokia, Ayush Gupta and Dipendu Nandi, co-founders of Chaigram. The startup plans to use these funds for putting up a pet food manufacturing facility in Coimbatore. They will also use the funds for R&D and further expansion of the brand in both physical and digital stores such as amazon. TABPS owns the FiloMilo brand which is engaged in the manufacturing of Ayurvedic pet treats and grooming items. The brand claims to be present in 320 stores in Tamil Nadu and Kerala.
Want to receive such news items in your inbox? Click Here to sign up for a trial.
