A Rs. 100 Cr Pet Care Business: Supertails ft. Varun Sadana
Description
The Pet Care Industry in India...
It is estimated to be a Rs. 4000 Crores Market in India, growing annually at about 20% which makes it a great industry to start a new business as there is double digit growth!
The industry can be roughly broken down into Pet Foods which is about 60% of the market, Pet HealthCare (20% of the market), Pet Toys and Accessories (15%) and Pet Day Cares and Hostels about 5%
Currently there are about 30 million pets in the country, which growing at 10-11% annually.
And that's why, Varun, Aman, and Vineet Started Supertails in early 2021.
Supertails is on track to achieve Rs. 100 Crores in Annual Revenue Run-Rate in the next few months and have raised $10 million last year in a tough fundraising environment.
Deepika Padukone is also an investor in Supertails!
On this episode, I talk to Varun about:
- The Pet Care Industry & it's Value Chain
- The Export Potential of Pet Care Products out of India
- The focus on Customer Experience at Supertails
- How Supertails leverages Content & Community to build Brand Awareness
- Why it's important to embrace failure as a founder
Timestamps for quick viewing:
(00:00) - Overview of the Pet Care Industry in India & Intro to Varun Sadana, Founder of Supertails
(2:55) - Why Varun Quit as the Founder of Licious and the thesis behind Supertails
(8:54) - How Supertails was able to raise $10 Mn in a tough environment and why fundamentally good business often find the capital needed to scale
(21:47) - The Import & Exports of Pet Care Products in India
(26:53) - How Supertails focuses on Customer Experience and how they've made it part of their culture
(34:56) - The Importance of Embracing Failure as a Founder
(48:38) - How Supertails leverages Content & Community to build a Brand
If you want to stay updated about our latest episodes or just want to say hi, you can join our No Spam WhatsApp group here: https://bit.ly/3Q0To2K
We're back with Season 2 of The Indian Dream Podcast This season going to be all about talking to founders who have built manufacturing or manufacturing related businesses in India! On this episode, we have Swagatika Das, the founder of Nat Habit joining us to talk to us about how they built a...
Published 10/09/24
Make In India.
The three words that will define the future of the country.
We have a trade deficit of close to $100 Bn with China. That's Rs. 83,000 Crores that leaves the country and isn't used for our own development.
Virtuoso Optoelectronics is a manufacturing company that started in...
Published 09/16/23