Archive · 27 May 2025
Nestle Invests in Drools, Making Pet Food Startup a Unicorn
Drools, a pet food company, received an investment from Nestle, a large food company.
This investment valued Drools at $1 billion, making it a "unicorn" company.
Nestle already has a pet food business called Purina.
The pet care market in India is growing because more people want to provide good nutrition for their pets.
Drools will remain independent.
It's like Drools is now very successful thanks to people's love for their pets!
Nestle invested in the Indian pet food startup Drools.
The investment valued Drools at $1 billion, making it a unicorn.
Drools will remain strategically and operationally independent.
The pet food market in India is experiencing growth.
Nestle has a large pet care business, Purina, which made up about 20.7% of its total sales in 2024.
- Who
- Nestle invested in Drools
- What
- Nestle invested in Drools, valuing it at $1 billion
- When
- Recently
- Where
- Bengaluru, India
- Why
- To expand in a growing pet care market
- Company
- Drools
- Investor
- Nestle
- Valuation
- $1 billion
- Headquarters
- Bengaluru
- Market
- Pet Food/Care
