About Better Bet
Better Bet is a company based in Delhi (India) founded in 2020 by Aman Khandelwal, Pavitra Khandelvwal, and Sweta Khandelwal. Better Bet has raised $208.71 thousand across 2 funding rounds from investors including Munisuvrat Venture, Parag Agarwal and Sethu Vaidyanathan. Better Bet offers products and services including Original Plant Based Drink, Chocolate Plant Based Drink, Mango Plant Based Drink, Vanilla Plant Based Drink, and Assorted Pack. Better Bet operates in a competitive market with competitors including One Good, Life Health Foods, Natturz, Alt Co and Oat Mlk, among others.
- Headquarter Delhi, India
- Founders Aman Khandelwal, Pavitra Khandelvwal, Sweta Khandelwal
- 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 Sap Agrotech Private Limited
- Date of Incorporation 17 Jun, 2020
- Jurisdiction Noida, Uttar Pradesh, India
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Annual Revenue
$87.51 K (USD)571.9as on Mar 31, 2023
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Net Profit
-$57.81 K (USD)-774.57as on Mar 31, 2023
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EBITDA
-$57.48 K (USD)-865.79as on Mar 31, 2023
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Total Equity Funding
$208.71 K (USD)
in 2 rounds
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Latest Funding Round
$175.87 K (USD), Seed
Oct 21, 2022
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Investors
Munisuvrat Venture
& 11 more
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Employee Count
Employee Count
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Products & Services of Better Bet
Better Bet offers a comprehensive portfolio of products and services, including Original Plant Based Drink, Chocolate Plant Based Drink, Mango Plant Based Drink, Vanilla Plant Based Drink, and Assorted Pack.
Nutritious sprouted millet drink that is lactose-free and environmentally sustainable.
Chocolate-flavored plant-based drink made from sprouted millets for daily nutrition.
Mango-flavored sprouted millet drink offering vitamins and a creamy texture.
Vanilla-infused plant-based drink from sprouted millets, low in calories.
Collection of various sprouted millet drinks for mixed flavor options.
Regular delivery of original sprouted millet drink for ongoing convenience.
People of Better Bet
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Funding Insights of Better Bet
Better Bet has successfully raised a total of $208.71K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $175.87 thousand completed in October 2022. 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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $175,869
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First Round
First Round
(20 Dec 2021)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2022 | Amount | Seed - Better Bet | Valuation | Munisuvrat Venture , Ahimsa | |
| Dec, 2021 | Amount | Seed - Better Bet | Valuation | ProVeg Incubator |
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Investors in Better Bet
Better Bet has secured backing from 12 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Munisuvrat Venture, Parag Agarwal and Sethu Vaidyanathan.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage technology sectors are targeted for investments by Ahimsa.
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Founded Year | Domain | Location | |
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Food sector startups are incubated with venture capital support.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
Investments & Acquisitions by Better Bet
Financial Statements - Better Bet
Better Bet Comparisons
Competitors of Better Bet
Better Bet 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 One Good, Life Health Foods, Natturz, Alt Co and Oat Mlk, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online brand of dairy free products
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| domain | founded_year | HQ Location |
Manufacturer of packaged food products
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| domain | founded_year | HQ Location |
Plant-based dairy alternatives are provided using nuts, oats, and coconut.
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| domain | founded_year | HQ Location |
Plant-based dairy products are sold online by Alt Co.
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| domain | founded_year | HQ Location |
Plant-based oat milk products are provided by Oat Mlk.
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Latest news on Better Bet
Frequently Asked Questions about Better Bet
Better Bet was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Better Bet is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Aman Khandelwal is the current CEO of Better Bet. They have also founded this company.
Better Bet is a funded company, having raised a total of $208.71K across 2 funding rounds to date. The company's 1st funding round was a Seed of $32.84K, raised on Dec 20, 2021.
Annual revenue of Better Bet is $87.51K as on Mar 31, 2023.
Better Bet was founded in 2020 in Delhi, India, and operates within the plant-based beverage sector. Creamy drinks featuring unique flavors such as sprouted millet, mango, and chocolate are produced. These products are formulated to be cruelty-free, enriched with calcium, and devoid of artificial preservatives. Operations focus on sustainable alternatives to dairy beverages, serving markets in India.
Better Bet's top competitors include One Good, AgainDrinks and Life Health Foods.
Better Bet offers Original Plant Based Drink, Chocolate Plant Based Drink, Mango Plant Based Drink, Vanilla Plant Based Drink, and 2 more products and services.
Better Bet has 12 investors. Key investors include Munisuvrat Venture, Parag Agarwal, Sethu Vaidyanathan, Anita Dongre, and Mukesh Sawlani.
The valuation of Better Bet is $2.06M as of Oct 2022.