Cat Food Startup Smylo in Talks to Raise ₹30 Crore

30 Oct 2026, 8:00 am · 3h ago · 1 min read · Inc42New

Amount

$3.2M

D2C cat food brand Smylo is in advanced discussions to raise approximately ₹30 crore ($3.2 million) in a mix of equity and debt funding. Existing backer DSG Consumer Partners is expected to participate alongside a new venture capital firm taking the lead equity stake. Founded in 2024 by former Titan Capital executives Abhishek Agrawal and Kartikeya Gupta, Smylo plans to deploy the fresh capital toward new product development, research, and setting up a dedicated manufacturing facility. The startup currently clocks ₹50–55 lakh in monthly sales across its website, marketplaces, and quick commerce platforms like Zepto.