Angel investors back pet-care platform Floap
Poochkoo Pvt. Ltd, which operates an aggregation platform for pet-care services called Floap, said on Tuesday that it has raised an undisclosed amount in a round of funding led by angel investors.
Shabir Momin, managing director and chief technology officer of over-the-top (OTT) platform Zenga TV, and Singapore-based equity investor Rohit Nanda participated in the round.
Priyadarshi Mohapatra, country channel manager at Microsoft India, and Saurabh Pathak, the founder of marketing startup Digital Democracy, also contributed.
Bengaluru-based Floap (which stands for For the Love of All Pets) said in a statement that the investors will advise its management team on strategy and growth. The startup will use the fresh capital to scale up its business, the statement added.
Founded in 2018, Floap’s database connects pet owners to adoption centres, training providers, veterinarians, pet-sitters, and pet-friendly hotels, among other service providers.
“The pet industry has a large group of pet-parents and enough pet service providers. Floap exists to streamline this space and add more value to the pet industry by bringing together each of these groups,” said Floap founder Shruthi V Nithin.
Developments in the segment
- February 2018: Pennsylvania-based Unisys Corporation launched an Internet of Things device called Digi-Pet which helps users to monitor their pets in aircraft cargo holds.
- February 2018: PetBuddy Products Pvt. Ltd, which operates pet-care startup PetSutra, raised Rs 95 lakh in an angel round of funding.
- January 2017: Luxury pet products portal Heads Up For Tails (HUFT) secured $2 million in its pre-Series A round of funding.