About Better Alt
Better Alt is a company based in Mumbai (India) founded in 2021 by Akash Dhoot and Akash Shah. Better Alt has raised $297.12 thousand across 2 funding rounds from investors including Wellfound, LetsVenture and Plan B Innovation Labs. The company has 49 employees as of December 24, 2024. Better Alt operates in a competitive market with competitors including Conscious Foods, Natureland Organics, Organic India, Nourish Organics and Humpy Farms, among others.
- Headquarter Mumbai, India
- Employees 49 as on 24 Dec, 2024
- Founders Akash Dhoot, Akash Shah
- Stage Minicorn
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Sectors
Consumer
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Email
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Phone
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Website
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Social
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- Legal Name Azuretale Private Limited
- Date of Incorporation 20 Mar, 2021
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$581.6 K (USD)807.26as on Mar 31, 2023
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Net Profit
-$215.1 K (USD)-195.37as on Mar 31, 2023
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EBITDA
-$304.13 K (USD)-321.58as on Mar 31, 2023
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Total Equity Funding
$297.12 K (USD)
in 2 rounds
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Latest Funding Round
Not available
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Investors
Wellfound
& 13 more
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Employee Count
49
as on Dec 24, 2024
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Funding Insights of Better Alt
Better Alt has successfully raised a total of $297.12K across 2 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Better Alt
Better Alt has secured backing from 14 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Wellfound, LetsVenture and Plan B Innovation Labs.
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Venture capital investments are directed toward eCommerce and diverse sectors.
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Private debt funding is extended across multiple sectors.
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Startup jobs are connected to individuals via a dedicated platform.
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Investor details for Better Alt
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Investments & Acquisitions by Better Alt
Investment portfolio details for Better Alt
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Financial Statements - Better Alt
Detailed financials for Better Alt
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Better Alt Comparisons
Peer comparison for Better Alt
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Competitors of Better Alt
Better Alt operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Conscious Foods, Natureland Organics, Organic India, Nourish Organics and Humpy Farms, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Organic packaged foods are offered via an internet-first brand.
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Organic pulses, oil seeds, and grains are produced and supplied.
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Organic tea and herbal supplements are produced and marketed globally.
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Organic cereals and healthy snacks are manufactured and sold.
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Organic daily essentials and A2 milk provider
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Detailed competitors of Better Alt
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Latest news on Better Alt
Complete news archive for Better Alt
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Frequently Asked Questions about Better Alt
Better Alt was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Better Alt is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Better Alt is a funded company, having raised a total of $297.12K across 2 funding rounds to date.
As of Dec 24, 2024, the latest employee count at Better Alt is 49.
Annual revenue of Better Alt is $581.6K as on Mar 31, 2023.
Better Alt was established in 2021 in Mumbai, India, as an internet-first brand within the health and wellness sector. Products such as mushroom coffee, millet powder, and beetroot powder are offered through its online platform, thebetteralt.com. Operations are centered on direct-to-consumer sales, with co-founders Akash Dhoot and Akash Shah overseeing development and distribution from the Indian base.
Better Alt's top competitors include Conscious Foods, Organic India and Natureland Organics.
Better Alt has 14 investors. Key investors include Wellfound, LetsVenture, Plan B Innovation Labs, Elixir Commercial and Advisory Services, and Danish Arif.
The valuation of Better Alt is $1.92M as of Jan 2022.