India, May 26 -- Swiss food giant Nestle SA, the parent entity of Nestle India, has acquired a minority stake in homegrown D2C pet care startup Drools. However, the startup did not disclose the financial terms of the deal.
Drools also said that it recently became a unicorn, without disclosing further details.
Drools said it will continue to operate independently, maintaining its strategic and operational autonomy.
Founded by Fahim Sultan in 2010, Drools offer 650+ SKUs, including high-protein, prescription, and value-for-money diets, serving the full spectrum of pet nutrition needs. It claims to have about 3,400 employees currently.
The Bengaluru-based startup sells its products via its own website, major ecommerce marketplaces, and o...
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