Fredun Pharmaceuticals (FPL) has acquired all assets of Wagr, a leading pet tech platform, marking the launch of India's first truly neutral online marketplace for pet products and services. This strategic move positions FPL at the forefront of India's rapidly growing pet care industry, projected to reach $6 billion by 2030.
The acquisition includes Wagr's comprehensive technology platform, user base of 140,000+ pet parents, patented pet fitness tracking technology, and established veterinary network-creating an unprecedented ecosystem that addresses critical gaps in the Indian pet care market. FPL will relaunch the Wagr marketplace and services in Q4 FY 2025-26.
Fredun Pharmaceuticals is engaged in manufacturing of pharmaceutical products.
| Company Name | CMP |
|---|---|
| Sun Pharma Inds. | 1669.00 |
| Dr. Reddys Lab | 1222.65 |
| Cipla | 1229.95 |
| Zydus Lifesciences | 931.80 |
| Lupin | 2323.00 |
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