Company Research Report: Better Capital
Company Overview
- Name: Better Capital
- Mission: To back bold innovators from day zero and support mission-driven founders who are solving some of the hardest problems.
- Founding Year: No information is available
- Founders: Vaibhav Domkundwar
- Key People:
- Vaibhav Domkundwar: Key Investor and Mentor
- Headquarters: No information is available
- Number of Employees: No information is available
- Revenue: No information is available
- Specialization: Better Capital is known for its venture capital investments in early-stage startups across various industries including FinTech, HealthTech, EdTech, SaaS, Climate Tech, among others.
Products
Investments by Sector
FinTech - B2C
1. Slice: #1 credit card challenger.
2. Open: #1 SME neobank in Asia.
3. Jupiter: Consumer neobanking innovator.
4. Rupeek: Asset-backed loans innovator.
5. Khatabook: Digital ledger app for small businesses.
6. Teachmint: Infrastructure for education.
FinTech - B2B
1. Open: B2B payments with connected banking.
2. M2P: Fintech API and infrastructure leader.
3. Ippopay: Brex for Bharat.
4. Khatabook: Digital ledger app for small businesses.
5. Rupifi: Simplest & fastest B2B payment.
6. Nova Benefits: B2B insurance & benefits app.
AI
1. Privado: Privacy management made easy.
2. Contlo: AI-powered customer engagement.
3. Merlin: All-in-One AI extension to write, summarize, code & play.
4. Last9: Software reliability AI.
5. Weav: Enterprise AI copilots.
SaaS
1. Toddle: Modern SaaS platform for schools.
2. Teachmint: Modern ERP SaaS for schools with 15m+ users.
3. Plobal: Mobile app platform for Shopify stores.
... and many more.
Recent Developments
Recent Investments & Funding Rounds (2023)
- Houseware: Raised $2.1 million led by Tanglin Venture Partners.
- NxtWave: Raised $33M in Series A round led by Greater Pacific Capital.
- Gullak: Raised $3 million in seed round.
- Turns: Raised $500K pre-seed round led by Better Capital.
- Toddle: Raised $17 million from Sequoia Capital India.
- Virohan: Raised $7M led by Blume Ventures.
- STAGE: Raised INR 40 Crore.
- Equip: Raised INR 3.2 Cr in funding.
- Privado: Secured $14 Mn.
- Mojocare: Secured $20M in Series A funding.
- Phyllo: Secured $15M.
- Lysto: Secured $12M in Pre-Series A funding.
- GetSupp: Secured INR 9.5 Crore.
- Solar Square: Raised funding from Good Capital.
- Ivy Homes: Raised $7M from Khosla Ventures.
- Eloelo: Raised $13 million funding co-led by KB Investments and Kalaari Capital.
New Product Launches
- No information is available
New Features Added to Existing Products
- No information is available
New Partnerships
- No information is available
Testimonials
Better Capital is highly regarded by its portfolio company founders, emphasizing its support, mentorship, and strong network, which greatly contributes to their business growth.
Key Testimonials
- Rajan Bajaj, Co-founder of Slice: Vaibhav is known for his product and sales expertise, assisting entrepreneurs significantly.
- Anish Achuthan, Co-founder & CEO of Open: Vaibhav's entrepreneurial journey and mentorship have been crucial during various stages of Open's journey.
- Mayank Banerjee, Co-founder of Even: Lauds Vaibhav for being responsive and helpful from day one.
... and many more, sharing how Better Capital and Vaibhav have been instrumental in their startup's journeys.
Programs and Benefits
- Office Hours: Brainstorming sessions for founders.
- Credits: Access to top-notch tools with discounts.
- Playbooks: Insights and strategies derived from first-hand experiences.
- Tribal Knowledge: How-tos based on founders' experiences.
- Investor Network: Warm introductions to top investors.
- Expert Network: Access to practitioners across various functions.
- Indiglo: Playbooks and network support for Indian founders targeting global markets.
- Service Providers: Curated expert services from banking to engineering.
Conclusion
Better Capital has demonstrated a strong commitment to supporting early-stage startups with investments, mentorships, and critical resources. With a diversified portfolio and extensive network, Better Capital continues to be a significant player in the venture capital landscape.