Economic Times
New Delhi: Pet care D2C startup Goofy Tails has raised a seed funding of USD 500,000, led by BeyondSeed and The Chennai Angels, the company said in a press releaseETRetail.com.
“We would like to thank our partners who have trusted us and helped us raise this amount. We will be using the funds to acquire customers for a lifetime, engage pet parents with good quality content, provide a seamless platform experience for shoppers, and expand our product development to solve challenges that Indian pet parents are facing,” commented Kartik Gupta, co-founder and CEO of the companyETRetail.com.
The company plans to use the funds for R&D and expansion of its healthy pet foods and accessories portfolio, customer acquisition, team expansion, and strengthening its warehouse presence across the country, it said in the releaseETRetail.com.
In addition to portfolio expansion, the pet-care brand plans to enter other South Asian and European markets by the middle of next year, it saidETRetail.com.
Goofy Tails, headquartered in New Delhi, started its operations in 2019 by co-founders Karan Gupta, Kartik Gupta, Kunal Gupta, and Ashish Kaushal. The company claims to have served over 1.2 lakh customers across Amazon, its own website, and other channels. Presently, it sells fresh and healthy food, interactive toys, accessories, and grooming products
