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Dogspot, the online marketplace and e-commerce portal for all your pet product needs, has reportedly raised an undisclosed amount from investor India Quotient. The company which started out in 2007 primarily as a blog for pet lovers in 2007 by 32 year-old Rana and Vizel Atheya, is today the best destination for your pet needs. It is also an online network and content sharing platform for pet lovers and owners across the country. Its products and services include dog food, puppycare, grooming products and the like.

The investment by India Quotient comes after initial seed funding from Nimbuzz CEO Vikas Saxena, Nagarro’s VP-Tech Vaibhav Gadodia and Telecom Consultant Ritesh Chauhan in 2011 and also an undisclosed amount of funding from Tanjai Ventures and Kibo Partners in September 2012. Dogspot.in plans to use the funds for developing and expanding it’s product range.  It currently has more than 5,000 customers for the online pet shop division and has operations across almost 950 cities in India. The site’s online community boasts of more than 20,000 members.

Launch of Fishspot: The company is going to focus on pets as fishes too by launching Fishspot next month. It will offer information regarding fishes(indigenous as well as exotic) and the fish-related products.

Going ‘Mobile’: The company also stated that they’re looking to build Android apps for their portal in the coming few months. It already has a WAP mobile site.

New products: Dogspot.in will also launch its own range of pet products. This will help them meet the huge product demand as per specific requirements of their customers.

Tie-ups with other companies: The company currently powers the pet shop section of Tradus.in, another e-commerce website. It also has a tie-up with ShopClues to offer deals and discounts on pet products.

2013-02-21 03:48:28

Source: http://www.watblog.com/2013/02/21/dogspot-in-raises-funding-from-india-quotient/