VC Fund Investments
Pet care startup Papa Pawsome attracts $250-K from ITI Growth Fund, others
Thane-based D2C natural pet care products startup Papa Pawsome has raised USD 250,000 in a seed funding round. The funding round saw participation by DBR Ventures, ITI Growth Opportunities Fund, StrongHer Ventures (Global women entrepreneurship fund), 93 East Capital (New York Based fund), and OpenbookVC; some of the Marquee investors are Deep Bajaj (Founder Peebuddy; Sirona Hygiene), KRS Jamwal, Mandar Joshi (Angel Investor), Naveen Gupta and others. Papa Pawsome makes 100% natural products including shampoos, oils, creams, silicone-free serums and spa kits for dogs and cats. At present, Papa Pawsome offers breed-specific and concern-specific kits, available from their own website, e-commerce marketplaces like Amazon, Flipkart and pet e-commerce portals. It also offers subscription-based services. The new funds will be used to establish a strong market presence across India and expand its innovative product line and invest in R&D.
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