About Better Space
Better Space is a Healthcare company based in Raipur (India) founded in 2020 by Abhilash Shrivastava and Shivli Shrivastava. It operates as a mental health ecosystems are provided for schools, corporations, and healthcare. Better Space has raised $53.97 thousand across 1 funding round from investors including KapTable, PedalStart and Faisal Hasan. The company has 1 employees. Its website betterspace.care draws about 13 thousand monthly visits. Its Indian entity Shivtensity Private Limited reported revenue of ₹16.2 Lakh. Its focus areas include HealthTech, Healthcare Booking Platforms, Doctors and Telemedicine. Its competitors include Amaha, Now&Me, Mindpeers, YourDost and Lissun and 5 more; 7 of its 10 listed competitors have raised funding.
- Headquarters Raipur, India
- Employees 1
- Founders Abhilash Shrivastava, Shivli Shrivastava
- SectorsHealthcare
- Email••••••••
- Website betterspace.care
- Social LinkedIn
- Legal Name Shivtensity Private Limited
- Date of Incorporation 12 Jun, 2020
- Jurisdiction Ambikapur, Chhattisgarh, India
- Annual Revenue₹16.2 Lakh
FY 2024 · +28% YoY
- Net Loss-₹41.2 Lakh
FY 2024 · -255% margin
- EBITDA-₹39.1 Lakh
FY 2024 · -242% margin
- Total Equity Funding$53.97K (USD)
in 1 rounds
- Latest Funding Round$53.97K (USD), Seed
Oct 2023
- InvestorsKapTable
& 3 more
- Employee Count1
Associated legal entities of Better Space
Better Space operates through Shivtensity Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Shivtensity Private Limited CIN U85100CT2020PTC010150 | Active | 12 Jun 2020 | Ambikapur, Chhattisgarh | ₹0.2 Cr | – | 2 | View details |
Funding Insights of Better Space
Better Space has successfully raised a total of $53.97K through 1 strategic funding round. The most recent funding activity was a Seed round of $53.97 thousand completed in October 2023. 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 $53,968
- Total Rounds 1
- Last Round Seed — $53,968
- First Round $53,968
(Oct 2023)
- Investors Count 4
All 1 funding rounds of Better Space with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2023 | $53,968 | Seed | – | PedalStart, KapTable |
4 investors in total: 2 institutional and 2 angel.
Investors in Better Space
Better Space has secured backing from 4 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include KapTable, PedalStart and Faisal Hasan.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage startups are supported by sector-agnostic studio PedalStart. | – | pedalstart.com | Gurugram, India | |
Startup investing is enabled via an online marketplace platform. | 2021 | kaptable.co | Gurugram, India | |
FH Faisal Hasan | Angel investor and CTO at Oyo, focused on tech and hospitality | – | unknown_e7658d4f4fdb4d32a | - |
SK Shahbaz Khan | - | – | unknown_cb8c65d94ac04426b | - |
Investor details for Better Space
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Verified entity values are shown only after access is granted.
Board of directors of Shivtensity Private Limited (Better Space)
Shivtensity Private Limited is the primary company behind Better Space. The board of Shivtensity Private Limited currently have 2 directors; the longest-serving is Shivli S Shrivastava, appointed in 2020. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shivli S Shrivastava DIN 08760600 | Managing Director | 12 Jun 2020 | 6 yrs 4 mo | Shivtensity Private Limited |
| Abhilash Shrivastava DIN 07026423 | Additional Director | 28 Jul 2022 | 4 yrs 2 mo | Shivtensity Private Limited |
People of Better Space
2 people are tracked at Better Space (2 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for Better Space
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
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Verified entity values are shown only after access is granted.
Financials of Better Space
Figures of Shivtensity Private Limited, the primary company behind Better Space, for FY 2024. Revenue was ₹16.2 Lakh (+28% year on year). Net loss was -₹41.2 Lakh (-255% margin). EBITDA was -₹39.1 Lakh (-242% margin). Revenue has grown at a compounded annual rate of +108% over three years.
- ₹16.2 LakhRevenue · FY 2024 · +28% YoY
- -₹41.2 LakhNet loss · -255% margin
- -₹39.1 LakhEBITDA · -242% margin
- ₹1.1 LakhPaid-up capital
- +108%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Shivtensity Private Limited are on its company page.
Detailed financial statements for Better Space
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Better Space
2 dated milestones of Better Space across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Better Space is founded.
- Funding First funding round of $54K.
Competitors of Better Space
Better Space has 10 listed competitors in our database, 7 of them funded. They include Amaha, Now&Me, Mindpeers, YourDost and Lissun, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| amahahealth.com | 2016 | Mumbai, India | $15.06M | 243 | Provider of online counseling platform for psychological problems | |
| nowandme.com | 2018 | Delhi, India | $1M | – | Provider of community and expert guidance support for mental health | |
| mindpeers.co | 2020 | Delhi, India | $936,681 | – | Platform offering teleconsultation services for mental health conditions | |
| yourdost.com | 2014 | Bengaluru, India | $1.71M | 68 | Online counselling and psychological support platform | |
| lissun.app | 2021 | Gurugram, India | $5.31M | 10 | Mobile app for mental health management | |
| clarity-technologies.com | 2021 | San Francisco, United States | – | – | Digital therapy solutions for neurodegenerative diseases are provided. | |
| iwilltherapy.io | 2015 | Gurugram, India | – | – | Online teleconsultation platform for mental wellness is provided. | |
| epsyclinic.com | 2014 | Gurugram, India | $135,290 | – | Mental health counselling is facilitated through an online telemedicine platform. | |
| careme.health | 2017 | Chennai, India | – | – | Online consultations for mental health conditions are provided. | |
| healtheminds.com | 2012 | Bengaluru, India | $149,483 | – | Online access to mental health experts and consultations is facilitated. |
Detailed competitors of Better Space
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Better Space
The website of Better Space (betterspace.care) receives about 12.6K visits a month.
- Monthly visits12.6K
▲ 1220.4% vs previous month
Top companies in Digital Health & Telemedicine
10 companies that operate in the same segment as Better Space (Digital Health & Telemedicine), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of an online pharmacy with doctor listing and teleconsultation services | 2015 | Delhi, Delhi, India | USD 230.8 M | USD 328.97 M | 5,212 | |
Online platform offering multiple healthcare services | 2013 | Bengaluru, Karnataka, India | USD 199.22 M | USD 62.4 M | 52 | |
An application is provided for comparing prescription drug prices nationwide. | 2011 | Santa Monica, California, United States | USD 22.21 M | USD 796.85 M | 1,063 | |
Healthcare appointments are booked online via Zocdoc's platform. | 2007 | New York, New York, United States | USD 425.97 M | USD 4.66 M | 1,365 | |
An online marketplace for healthcare products is operated. | 2011 | Kolkata, West Bengal, India | USD 38.26 M | – | – | |
Alto Pharmacy is focused on providing convenient prescription delivery services. | 2015 | San Francisco, California, United States | USD 591.64 M | – | 802 | |
Membership-based primary care platform is offered for employees and consumers. | 2007 | San Francisco, California, United States | USD 402.56 M | – | – | |
Telehealth solutions are provided for doctors and patients' consultations. | 2006 | Boston, Massachusetts, United States | USD 887.35 M | USD 115.54 M | 742 | |
Digital health services for men's wellness are offered by Ro. | 2017 | New York, New York, United States | USD 1.03 B | – | 1,485 | |
Provider of genetic test solutions to study ancestry, genealogy, and inherited traits | 2006 | Sunnyvale, California, United States | USD 943.53 M | USD 189.9 M | 562 |
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Related news about Better Space
Complete news archive for Better Space
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Frequently Asked Questions about Better Space
Better Space was founded in 2020 and raised its 1st funding round 3 years after it was founded.
Better Space is headquartered in Raipur, India. It is registered at Raipur, Chhattisgarh, India.
Better Space is a funded company, having raised a total of $53.97K across 1 funding round to date. The company's 1st funding round was a Seed of $53.97K, raised on Oct 2023.
Better Space has 1 employees.
The primary company behind Better Space, Shivtensity Private Limited, reported revenue of ₹16.2 Lakh for FY 2024, up 28% year on year.
Mental health ecosystems are provided for schools, corporations, and healthcare.
Better Space has 4 investors. Key investors include KapTable, PedalStart, Faisal Hasan, and Shahbaz Khan.
Better Space operates through Shivtensity Private Limited.
The legal entities of Better Space currently have 2 directors, including Shivli S Shrivastava, Abhilash Shrivastava.