About BetterInvest
BetterInvest is a Media & Entertainment company based in Chennai (India) founded in 2021 by Sriram Anax, Sedhumanikandan, and Pradeep Somu. Financial solutions are provided for media and entertainment funding needs. It operates in the Media & Entertainment, Technology, and Financial Services sectors. BetterInvest has raised $1.25 million across 4 funding rounds from investors including SVF Entertainment, Isha Homes and Techindia. BetterInvest was last valued at $4.56 million in May 2024. Its chief executive, as recorded, is Pradeep Somu. Its Indian entity Betterinvest Finadvisors Private Limited reported revenue of ₹5.86 Cr. BetterInvest offers products and services including Funding Platform, Investor Portal, and Creator Onboarding. Its focus areas include FinTech, Investment Tech, Alternative Investment Platforms and Equity Crowdfunding. Its competitors include FundMedia, Cinestox and PayTamasha.
Company details
BetterInvest was founded in 2021 in Chennai, India, as a provider of financial solutions tailored to the media and entertainment sector. Connections are facilitated between investors and the financing requirements of projects such as movies and web series. Funding is extended through the discounting of future receivables from OTT platforms, satellite channels, and audio rights, supporting operational needs in the industry.
- Headquarters Chennai, India
- Founders Sriram Anax, Sedhumanikandan, Pradeep Somu
- Stage Minicorn
- SectorsMedia & EntertainmentTechnology Financial Services
- Email••••••••
- Phone•••• ••••
- Website betterinvest.club
- Social LinkedIn X Facebook Instagram
- Legal Name Betterinvest Finadvisors Private Limited
- Date of Incorporation 09 Jul, 2020
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹5.86 Cr
FY 2024 · +1642% YoY
- Net Loss-₹1.34 Cr
FY 2024 · -23% margin
- EBITDA-₹1.29 Cr
FY 2024 · -22% margin
- Total Equity Funding$1.25M (USD)
in 4 rounds
- Latest Funding Round$168.08K (USD), Angel Round
May 2024
- InvestorsSVF Entertainment
& 11 more
Associated legal entities of BetterInvest
BetterInvest is associated with 2 registered companies on The Company Check; the primary company is Betterinvest Finadvisors Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Betterinvest Finadvisors Private Limited CIN U70103TN2020PTC136259 | Active | 09 Jul 2020 | Chennai, Tamil Nadu | ₹5.9 Cr | 24 | 4 | View details |
| Bi Cinemas Llp CIN ABZ-0964 | Strike Off | 17 Nov 2022 | Chennai, Tamil Nadu | 2 | View details |
Products & Services of BetterInvest
BetterInvest offers a comprehensive portfolio of products and services, including Funding Platform, Investor Portal, and Creator Onboarding.
Platform for securing funds based on content contracts and invoices.
Portal for diversifying portfolios in entertainment assets.
Service for content producers to access quick funding options.
Funding Insights of BetterInvest
BetterInvest has successfully raised a total of $1.25M across 4 strategic funding rounds. The most recent funding activity was a Angel Round of $168.08 thousand completed in May 2024. 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 $1.25M
- Total Rounds 4
- Last Round Angel Round — $168,078
- First Round $350,000
(May 2022)
- Investors Count 12
All 4 funding rounds of BetterInvest 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 |
|---|---|---|---|---|---|
| May 2024 | $168,078 | Angel Round | $4.56M | Sanjay Wadhwa | – |
| Nov 2023 | $60,312 | Seed | – | SVF Entertainment | – |
| Apr 2023 | $671,710 | Seed | $4.39M | Bulleon, Harman Venture | |
| May 2022 | $350,000 | Seed | $••••• | Suresh Krishn |
| Date | Valuation | Stage |
|---|---|---|
| May 2024 | $4.56M | •••••••• |
| Apr 2023 | $4.39M | •••••••• |
| May 2022 | $••••• | •••••••• |
Full valuation and stage history of BetterInvest
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $4.56M (May 2024). 12 investors in total: 8 institutional and 4 angel.
Investors in BetterInvest
BetterInvest has secured backing from 12 investors, including angel, institutional, and venture fund investors. Prominent investors backing the company include SVF Entertainment, Isha Homes and Techindia.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments in food tech startups are handled by Harman Venture. | Chennai, India | |||
Seed-stage venture capital investments are targeted by Singhvi Heritage. | Chennai, India | |||
| bulleon.in | ||||
Entertainment services are provided in the Indian film sector. | 1995 | svf.in | Kolkata, India | |
Offers AI-driven cardiac rhythm analysis, sleep monitoring, and remote patient management. | 2002 | techindia.com | Chennai, India | |
Limited information available | Chennai, India | |||
Apartment buying and selling services are offered in Chennai. | 2004 | ishahomes.com | Chennai, India | |
SW Sanjay Wadhwa | unknown_7445505edd1c4f459 | |||
RS Ramasamy Sundararaman | unknown_72fcf6e8e46741b28 |
Investor details for BetterInvest
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Betterinvest Finadvisors Private Limited (BetterInvest)
Betterinvest Finadvisors Private Limited is the primary company behind BetterInvest. The boards of the 2 registered companies of BetterInvest currently have 4 directors; the longest-serving is Viralikattur Pradeep Somu, appointed in 2020. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Viralikattur Pradeep Somu DIN 05217168 | Director | 09 Jul 2020 | 6 yrs 4 mo | Betterinvest Finadvisors Private Limited |
| Selvarajan Alagammal Sriram Anax DIN 09744186 | Designated Partner | 17 Nov 2022 | 3 yrs 11 mo | Bi Cinemas Llp, Betterinvest Finadvisors Private Limited |
| Erode Rajendran Sedhumanikandan DIN 09706171 | Designated Partner | 17 Nov 2022 | 3 yrs 11 mo | Bi Cinemas Llp, Betterinvest Finadvisors Private Limited |
| Suresh Krishn Krishnasamy DIN 01833032 | Nominee Director | 28 Feb 2023 | 3 yrs 8 mo | Betterinvest Finadvisors Private Limited |
People of BetterInvest
11 people are tracked at BetterInvest (7 in leadership, 4 in team).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
Sedhumanikandan | Co-Founder | Leadership |
| Co-Founder & CEO | Leadership | |
Apoorv Sarin | Founder's Office | Leadership |
Pradeep | Co-founder & CEO | Leadership |
Abhishek Dubey | Vice President | Leadership |
Nilesh Sondhiya | B2b Sales Head - Strategic Alliance & Partnership | Leadership |
Manoj Sharvesh | Asset Operations Associate | Team |
Shunmugam G | Manager - Assets And Partnerships | Team |
Kshitij Deshmukh | Senior Manager | Team |
Visalakshi T | Customer Support Manager | Team |
Complete people profiles for BetterInvest
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of BetterInvest
Figures of Betterinvest Finadvisors Private Limited, the primary company behind BetterInvest, for FY 2024. Revenue was ₹5.86 Cr (+1642% year on year). Net loss was -₹1.34 Cr (-23% margin). EBITDA was -₹1.29 Cr (-22% margin).
- ₹5.86 CrRevenue · FY 2024 · +1642% YoY
- -₹1.34 CrNet loss · -23% margin
- -₹1.29 CrEBITDA · -22% margin
- ₹3.8 LakhPaid-up capital
- 24Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Betterinvest Finadvisors Private Limited are on its company page.
Detailed financial statements for BetterInvest
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of BetterInvest
4 dated milestones of BetterInvest across 3 years, from founding to its latest funding, stage changes and deals.
- Founded BetterInvest is founded.
- Funding First funding round of $350K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Angel Round, of $168K.
Competitors of BetterInvest
BetterInvest has 3 listed competitors in our database. They include FundMedia, Cinestox and PayTamasha.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| fundmedia.com | 2003 | Mumbai, India | Online platform connecting media producers and investors for project funding. | |||
| cinestox.com | 2021 | Navi Mumbai, India | Platform for movie investment trading and contests to turn cinema passion into profits. | |||
| paytamasha.com | 2022 | New Delhi, India | Digital platform linking filmmakers and investors for film funding and production support. |
Detailed competitors of BetterInvest
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of BetterInvest
The website of BetterInvest (betterinvest.club) receives about 7.6K visits a month.
- Monthly visits7.6K
▼ 50.6% vs previous month
Websites whose visitors overlap most with BetterInvest. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
youngmoney.co | youngmoney.co | 100% | #1,493,512 | – |
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Related news about Betterinvest
Complete news archive for BetterInvest
Full article history, source details, and older brand coverage require an active premium plan.
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Frequently Asked Questions about BetterInvest
BetterInvest was founded in 2021 and raised its 1st funding round 1 year after it was founded.
BetterInvest is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Pradeep Somu is the CEO of BetterInvest, as recorded in our data. They have also founded this company.
BetterInvest is a funded company, having raised a total of $1.25M across 4 funding rounds to date. The company's 1st funding round was a Seed of $350K, raised on May 2022.
The primary company behind BetterInvest, Betterinvest Finadvisors Private Limited, reported revenue of ₹5.86 Cr for FY 2024, up 1642% year on year.
BetterInvest was founded in 2021 in Chennai, India, as a provider of financial solutions tailored to the media and entertainment sector. Connections are facilitated between investors and the financing requirements of projects such as movies and web series. Funding is extended through the discounting of future receivables from OTT platforms, satellite channels, and audio rights, supporting operational needs in the industry.
BetterInvest's top competitors include FundMedia, Cinestox and PayTamasha.
BetterInvest offers Funding Platform, Investor Portal, and Creator Onboarding.
BetterInvest has 12 investors. Key investors include SVF Entertainment, Isha Homes, Techindia, Sanjay Wadhwa, and Bulleon.
The valuation of BetterInvest is $4.56M as of May 2024.
BetterInvest is associated with 2 legal entities: Betterinvest Finadvisors Private Limited, Bi Cinemas Llp.
The legal entities of BetterInvest currently have 4 directors, including Selvarajan Alagammal Sriram Anax, Erode Rajendran Sedhumanikandan, Suresh Krishn Krishnasamy and others.