Wiggles, a pet-care firm, has introduced the acquisition of Capt Zack in a 100% money and fairness deal. The transaction worth has not been disclosed. Founded in 2016, Capt Zack is certainly one of India’s earlier D2C entrants within the petcare class.
Anushka Iyer, founder and CEO, Wiggles, mentioned, “as a brand, the values that Capt Zack operates with are synonymous with us. We firmly believe this acquisition will provide an impetus to our efforts and accelerate the momentum for new product development and launches, while strengthening distribution.”
“We are elated with a development of this scale and look forward to leading India’s pet care story with quality and science,” she mentioned.
Capt Zack is understood for its numerous portfolio of ISO-certified merchandise for cats and canines spanning hygiene, meals and treats. Its portfolio additionally contains equipment, toys, and beds which is able to now allow Wiggles to develop into newer classes.
Mohit Lalvani, founder, Capt Zack mentioned, “given the substantial growth of pet ownership in the country, we are certain that the future is exciting and filled with innovation. We look forward to working with Anushka and the team as we march towards building India’s first holistic pet care ecosystem.”
Over the final 12 months, Wiggles mentioned it has skilled over 100% progress throughout its services whereas serving over 700,000 pets and animals throughout India.
