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DROOLS
Drools
Pet food · Raj-Nandgaon · India · Founded · 2010 · ≈ · 1,099 · employees

Drools Company Profile

Private

Drools, headquartered in India, remains privately held in the pet food space. Its latest valuation stands at $1.1B. Its shares do not trade on a public exchange.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Drools at a glance
Last valuation
$1.1B
POST-MONEY · JAN 2023
Raised across rounds
$75.5M
3 rounds
IPO status
Private
no listing announced
Nearest Canborsa market
SP500—
SP500-PERP · live
Valuation history

Drools valuation history

2 valuations. The latest, $600M post-money, was set by the Series A in Jun 2023.

$1.1B
Jan 2023
$1.1B
Nestle strategic investment (unicorn round) · post-money
Jun 2023
$600MLATEST
Series A · post-money
−45% vs prior valuation
Latest valuation
$600Mpost-money
Set by the Series A · 1 Jun 2023
×0.5since the $1.1B Nestle strategic investment (unicorn round) in Jan 2023
Valuations
2
Priced rounds with a valuation
Event type
Primary round
The Series A · $60M raised
Undated: Series C at —.
Funding history

Drools funding rounds — every disclosed raise

Round
Date
Amount
Valuation
Lead investors
Δ valuation
Nestle strategic investment (unicorn round)
Jan 2023
—
$1.1B
Nestle
—
Series A
Jun 2023
$60M
$600M
L Catterton
−45.5%
Series C
—
$15.5M
—
Dharana Capital
—
Drools · investors

Investors

DDharana CapitalLEADLL CattertonLEADNNestleLEAD
Will Drools IPO?
Founded
2010
Jan 2023
Nestle strategic investment (unicorn round) · $1.1B
Jun 2023
Series A · $600M
IPO
Not announced
No filing has been made.
Drools — the private market
Last valuation$1.1B · post-money · Jan 2023
Total raised$75.5M
Lead investors
Dharana CapitalL CattertonNestle
IPO statusNot announced
Founded · HQ2010 · Raj-Nandgaon · India
Employees≈ 1,099
Next price updatethe next funding round or secondary sale
Between roundsno daily price and no order book
About Drools

Drools makes dry food, wet food and treats for dogs and cats, formulated with 42 years of experience in animal nutrition. The Indian company sells its flagship Drools brand alongside Pure Pet, Meat Up, Canine Creek and Kitty Yum, reaching pet owners through more than 34,000 points of sale as well as online marketplaces such as Amazon and Flipkart. Fahim Sultan founded the company.

Drools says it has sold over 1 billion products to pet owners, and L Catterton invested around $60 million in Drools in 2023 to help it grow as India's largest domestic pet-food maker.

The money screen · ranked by accessibility

How to get Drools exposure today

1Funds that hold private namesPublic wrappers

Listed funds carry late-stage private names. A fund's latest schedule of investments shows whether it holds Drools.

Often trade at a premium or discount to NAV.

Any brokerage account
2Secondary marketplacesPrivate shares

Platforms match existing holders with buyers. Drools availability at any moment is set by the holders.

High minimums, transfer approval, company right-of-first-refusal.

Accredited only
3Follow the companyCompanies directory

Valuations, rounds and IPO status for every company in the directory — Drools included.

No account needed

Drools stock — frequently asked questions

What is Drools's valuation?›

The last valuation is $1.1B.

Who has invested in Drools?›

Lead investors for each round are in the funding timeline.

Who are Drools's competitors?›

The closest pet food peers are on the competitors page.

How can I get exposure to Drools?›

The routes section explains what is realistically available for a company at this stage.

Is Drools publicly traded?›

No. Drools is a private company; its shares do not trade on a public exchange.

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