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L Catterton writes $60 mn cheque to Drools

Broiler Group-owned pet food company Drools Pet Food Pvt Ltd on Tuesday said that it has raised around $60 million (nearly Rs 490 crore) from global consumer-focused investment .. ....

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Indian Pet Food Brand Drools Raises $60 Mn At $600 Mn Valuation

L Catterton has invested $60 Mn in the Indian pet food brand, Drools, at a valuation of $600 Mn for a 10% stake in the brand. ....

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drools: L Catterton invests $60 mn in pet foods company Drools

Global consumer-focused investment firm L Catterton has invested $60m in Indian pet food company Drools. It is the firm s first entry into the Indian pet food market, which could reach $1.2bn by 2028, with a projected annual growth rate of 20%. Drools was founded in 2010 and its portfolio includes brands such as Pure Pet, Meat Up, Canine Creek, and Kitty Yum. ....

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drools funding: L Catterton pumps $60 million into pet food maker Drools at $600 million valuation

The funding will be used to enhance the companys existing manufacturing capabilities, meet the growing demand for high-quality pet food products, accelerate its retail plan, bolster the marketing budget, and attract top talent, per the statement. ....

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Pet food start-up Drools raises $60 mn in funding from L Catterton

Pet Food Start-up Drools: Infusion amounts to 10% of firm's valuation; Drools currently has 38% market share in Indian pet food market and exports to 22 countries ....

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