A pet food start-up which is based in India is been backed by Louis Vuitton and has set it’s eyes on becoming a unicorn company. The Start-up which wishes to remain silent about the name at the moment, aims to achieve a valuation of over $1 billion.
There has been tremendous growth in the Indian pet food industry in the past few years. This growth is caused due to the increase in demand for quality pet products among the country’s growing middle class. The startup aims to capitalize on this trend by offering high-quality, nutritious pet food options.
A statement recorded that, the company’s partnership with Louis Vuitton is expected to provide it with the necessary financial resources and expertise to scale its operations and expand its market reach. With the luxury brand’s support, the startup aims to establish a strong presence in the Indian pet food market and eventually expand globally.
The pet food startup aims to differentiate itself by offering premium, natural pet food options that prioritize the health and well-being of pets. The company plans to leverage advanced technologies and sustainable practices to develop innovative pet food products.
The Indian pet food market is highly competitive, with both international and domestic players vying for market share. However, the startup believes it can carve out a niche by offering unique and high-quality pet food options that cater to the evolving preferences of pet owners in the country.
This Indian pet food startup funded by Louis Vuitton has ambitious plans to become a unicorn company in the pet food industry. With the support of a luxury brand, the startup aims to expand its market presence and offer premium, natural pet food options to cater to the growing demand in the Indian market.