Mumbai, May 26 -- Pawfect Pet Foods, a premium export-first pet care brand from India, is looking to raise up to $17 million (about Rs.144 crore) in its first institutional round as it prepares to launch domestically and double down on global expansion. The company has appointed investment bank Lincoln International to advise on the transaction, founder Prashant Patwardhan told Mint.

"The proceeds will be used to facilitate our launch in India as well as expanding our export-led business, which contributes nearly 99.9% of its revenues," said Patwardhan.

Founded six years ago, Pawfect has built a nearly 100% export-driven business with a footprint across the UK, US, Canada etc.

This assumes significance because India has not traditional...