Better Wealth

Jaipur, India Founded: 2016 • Age: 10 yrs
Automated robo-advisory services for mutual fund investments are provided.
Annual revenue $37,225 Latest available
Total funding $38,870 1 rounds
Employees - Tracked headcount
Investors 1 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About Better Wealth

Better Wealth is a company based in Jaipur (India) founded in 2016 by Mradul Agarwal and Devendra Kumar Agrawal. Better Wealth has raised $38.87 thousand across 1 funding round from investors including Axilor Ventures. Better Wealth operates in a competitive market with competitors including Kristal, Wahed, FundExpert, Elever and Orowealth, among others.

  • Headquarter Jaipur, India
  • Founders Mradul Agarwal, Devendra Kumar Agrawal
  • Sectors
    Technology
  • Phone
    Locked
  • Website
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  • Social
    Locked
  • Legal Name Efp Wealth Private Limited
  • Date of Incorporation 10 Dec, 2015
  • Jurisdiction Delhi, India
Operational Areas
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $37.23 K (USD)
    205.23
    as on Mar 31, 2022
  • Net Profit
    $24.69 K (USD)
    633.96
    as on Mar 31, 2022
  • EBITDA
    $18.62 K (USD)
    1109.56
    as on Mar 31, 2022
  • Total Equity Funding
    $38.87 K (USD)

    in 1 rounds

  • Latest Funding Round
    $38.87 K (USD), Seed

    Oct 24, 2017

  • Investors
  • Employee Count
    Not available
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Funding Insights of Better Wealth

Better Wealth has successfully raised a total of $38.87K through 1 strategic funding round. The most recent funding activity was a Seed round of $38.87 thousand completed in October 2017. 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 Wealth

Better Wealth has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Axilor Ventures.

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Venture Fund
Investor Description Founded Year Domain Location
Venture capital firm investing in early-stage startups in technology sectors.
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Investor details for Better Wealth

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Investments & Acquisitions by Better Wealth

Investments
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Investment portfolio details for Better Wealth

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Financial Statements - Better Wealth

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Detailed financials for Better Wealth

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Better Wealth Comparisons

Better Wealth Primary company
Description
Automated robo-advisory services for mutual fund investments...
Location
Jaipur, India
Founded Year
2016
Annual Revenue
$37.23 K (USD)
Net Profit
$24.69 K (USD)
EBITDA
$18.62 K (USD)
Employees
Not available
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Peer comparison for Better Wealth

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Competitors of Better Wealth

Better Wealth 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 Kristal, Wahed, FundExpert, Elever and Orowealth, among others.

Company Name Domain Founded year HQ Location Description
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AI-based asset management is offered for individual investors.
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Shariah-compliant investments and savings are offered to individuals.
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Automated mutual fund investing platform
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Goal-based investments are enabled via an app-based platform.
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Platform for alternative asset and mutual fund investments is provided.
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Goal-based investing platform
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Detailed competitors of Better Wealth

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Latest news on Better Wealth

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Complete news archive for Better Wealth

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Frequently Asked Questions about Better Wealth

Better Wealth was founded in 2016 and raised its 1st funding round 1 year after it was founded.

Better Wealth is headquartered in Jaipur, India. It is registered at Jaipur, Rajasthan, India.

Better Wealth is a funded company, having raised a total of $38.87K across 1 funding round to date.

Annual revenue of Better Wealth is $37.23K as on Mar 31, 2022.

Betterwealth was founded in 2016 in Jaipur, India, as a fintech company specializing in robo-advisory. Automated financial and investment advice is delivered for goal-based and retirement planning. Services are tailored to users income and risk tolerance, with execution of recommendations handled directly. Historical data spanning 16 years is analyzed to assess risk-return ratios of mutual funds. Operations focus on the Indian market.

Better Wealth's top competitors include Kristal, Wahed and FundExpert.

Better Wealth has 1 investor. Key investors include Axilor Ventures.

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