Investors pounce on India’s pet care industry with $77 million in investments

L Catterton, a global player in pet food investments, has ventured into the Indian pet food market with a record-breaking $60 million investment in Drools. (Representative Image: Karlo Tottoc via Unsplash)

As people increasingly invest in pet care products and services, the appetite among investors for this burgeoning sector is also on the rise. Between 2021 and 2022, the industry attracted investments totaling $77 million, as reported by Venture Intelligence.

Nazara Technologies secures Rs 100 crore investment from Zerodha founders

The new directors join chief executive officer Anirban Mukherjee and chief finance officer Arvind Agarwal on the board of PayU India. (Representative Image: Towfiqu barbhuiya via Unsplash)

Among other things, the infusion of fresh funds will be utilized to invest in funding requirements and growth objectives of the company for making strategic acquisitions and investments in various companies.

SEBI and Finfluencers: “You can’t regulate lakhs of people. You can’t attack freedom of speech…”, says Radhika Gupta, Edelweiss AMC

Narayan said that its important for people to rely less on finfluencers who are giving them ‘get rich quick tomorrow’ kinds of philosophies and inducing them into the market, (Representative Image: Mark Duffel via Unsplash)

“The best thing is to take your registered intermediaries and say that you guys should have nothing to do with this,” said Radhika Gupta about SEBI’s crackdown on finfluencers.

Finfluencer Abhishek Kar admits to giving ‘buy’ and ‘sell’ calls in disguise, violates SEBI norms

Social media ads emerge as a highly effective channel, with a significant majority leveraging them to stay abreast of festive deals and offers, showcasing the growing influence of digital platforms in today's festive market.(Representative Image: Gilles Lambert via Unsplash)

This reveals the manner in which unregistered people sell investment advice to get subscribers for their trading courses.