Better Bet

Delhi, India Founded: 2020 • Age: 6 yrs
Plant-based drink company, offering a variety of flavors like chocolate, mango, and vanilla, as a healthier dairy alternative
Annual revenue $87,514 Latest available
Total funding $208,710 2 rounds
Employees - Tracked headcount
Investors 12 Known backers
Products 6 Services tracked
Competitors 10 Brand Intelligence

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
  • Sectors
    Consumer
  • 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
Operational Areas
Consumer → Food, Beverage & Nutrition Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $87.51 K (USD)
    571.9
    as on Mar 31, 2023
  • Net Profit
    -$57.81 K (USD)
    -774.57
    as on Mar 31, 2023
  • EBITDA
    -$57.48 K (USD)
    -865.79
    as on Mar 31, 2023
  • Total Equity Funding
    $208.71 K (USD)

    in 2 rounds

  • Latest Funding Round
    $175.87 K (USD), Seed

    Oct 21, 2022

  • Investors
  • Employee Count
    Not available
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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.

Product name locked
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Primary

Nutritious sprouted millet drink that is lactose-free and environmentally sustainable.

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Chocolate-flavored plant-based drink made from sprouted millets for daily nutrition.

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Mango-flavored sprouted millet drink offering vitamins and a creamy texture.

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Vanilla-infused plant-based drink from sprouted millets, low in calories.

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Collection of various sprouted millet drinks for mixed flavor options.

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Regular delivery of original sprouted millet drink for ongoing convenience.

People of Better Bet

Headcount 10-50
Employee Profiles 3
Employee Profiles
People
Aman Khandelwal
Co-founder & CEO
People
Sweta Khandelwal
Co-founder & COO
People
Pavitra K.
Co-founder & CCO

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Teams

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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.

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.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Early-stage technology sectors are targeted for investments by Ahimsa.
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Food sector startups are incubated with venture capital support.
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Investor details for Better Bet

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
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  • Participation history

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Investments & Acquisitions by Better Bet

Investments
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Investment portfolio details for Better Bet

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

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Financial Statements - Better Bet

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Detailed financials for Better Bet

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Better Bet Comparisons

Better Bet Primary company
Description
Plant-based drink company, offering a variety of flavors lik...
Location
Delhi, India
Founded Year
2020
Annual Revenue
$87.51 K (USD)
Net Profit
-$57.81 K (USD)
EBITDA
-$57.48 K (USD)
Employees
Not available
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Peer comparison for Better Bet

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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
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Online brand of dairy free products
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Manufacturer of packaged food products
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Plant-based dairy alternatives are provided using nuts, oats, and coconut.
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Plant-based dairy products are sold online by Alt Co.
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Plant-based oat milk products are provided by Oat Mlk.
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Detailed competitors of Better Bet

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  • Domains and locations
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Latest news on Better Bet

Alt foods unveils plant-based ‘original m!lk’
Nuffoodsspectrum4 years ago
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Complete news archive for Better Bet

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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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.

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.

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