TailBlaze - the home-grown brand from India for pets - on Saturday, 1st April'23 pre-filed its Draft Red Herring Prospectus with stock market regulator SEBI, sources said. Sources close to the company told the TailBlaze may launch its initial public offering (IPO) around Diwali this year.
TailBlaze was founded by an ambitious Labrador - Einstein Entreprador and his parent and co-founder Manaal Maniyar in Jul'22.
The company which is best known for its organic and natural range of products for pets, recently also did a huge pre-launch event in Bangalore for 2 of its upcoming brands: TailBlaze Groom Vroom and TailBlaze Pawssentials.
The dog-food and jerky treats from Tailblaze are top selling on platforms such as Amazon and Cred and have already made thousands of tail-blazing across the Globe. The products from TailBlaze have also won 5 National Awards and 1 International Award and are often rated amongst the best dog-products in India.
The products have also managed to enter the households of some of the renowned and celebrated dog lovers from India including the World's No. 1 T20i cricketer Surya Kumar Yadav (who is leading the Mumbai Indians Team for a few matches in this year's IPL) and the famous Bollywood Choreographer Terence Lewis.
The company also raised money in Dec'22 from Investors across India, USA and Middle-East.
With the launch of TailBlaze Groom Vroom and TailBlaze Pawssentials, the company aims to be the leader in the pets-grooming category too.