The Bengaluru-based company plans to expand its veterinary clinic network from four to 15 locations in the next six months and scale its dark store footprint to around 60 facilities across Bengaluru, Delhi and Mumbai by the March quarter-end, as it sharpens its focus on faster growth and deeper engagement in India’s pet care market, co-founder Vineet Khanna told Moneycontrol.
The firm had previously targeted raising $130 million for its first close, when it announced its $225 million Fund II in March this year.
Venturi is aiming for a first close of its fund by the end of the June quarter at $130 million, and plans to back startups across sectors like retail, education, healthcare, and fast-moving consumer goods (FMCG).