About Now Better Pay
Now Better Pay is a company based in Bengaluru (India) founded in 2018. Now Better Pay has raised $2.11 million across 1 funding round from investors including Accel. The company has 48 employees as of March 28, 2024. Now Better Pay operates in a competitive market with competitors including Bigbasket, Otipy, Wellversed, MangoPoint and The State Plate, among others.
- Headquarter Bengaluru, India
- Employees 48 as on 28 Mar, 2024
- Stage Minicorn
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Sectors
Retail
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Email
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Phone
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Website
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- Legal Name Lmih Technologies Private Limited
- Date of Incorporation 20 Nov, 2017
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$3.42 M (USD)0as on Mar 31, 2020
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Net Profit
-$801 K (USD)0as on Mar 31, 2020
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EBITDA
-$880.84 K (USD)0as on Mar 31, 2020
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Total Equity Funding
$2.11 M (USD)
in 1 rounds
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Latest Funding Round
$2.11 M (USD), Seed
Jan 19, 2018
- Investors
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Employee Count
48
as on Mar 28, 2024
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Funding Insights of Now Better Pay
Now Better Pay has successfully raised a total of $2.11M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.11 million completed in January 2018. 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 Now Better Pay
Now Better Pay has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Accel.
| Investor | Description | Founded Year | Domain | Location |
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Accel is recognized as a leading venture capital firm.
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Investor details for Now Better Pay
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Investments & Acquisitions by Now Better Pay
Investment portfolio details for Now Better Pay
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Financial Statements - Now Better Pay
Detailed financials for Now Better Pay
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Now Better Pay Comparisons
Peer comparison for Now Better Pay
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Competitors of Now Better Pay
Now Better Pay 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 Bigbasket, Otipy, Wellversed, MangoPoint and The State Plate, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Personal and household products are delivered via an e-commerce platform.
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Grocery products are provided via an online digital storefront.
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Online retailer offering multi-category nutritional products
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Multi-category grocery supplies are provided by an internet-first brand.
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Platform offering multi-category grocery supplies
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Multi-category grocery products are delivered via subscription model.
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Detailed competitors of Now Better Pay
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Latest news on Now Better Pay
Complete news archive for Now Better Pay
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Frequently Asked Questions about Now Better Pay
Now Better Pay was founded in 2018.
Now Better Pay is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Now Better Pay is a funded company, having raised a total of $2.11M across 1 funding round to date.
As of Mar 28, 2024, the latest employee count at Now Better Pay is 48.
Annual revenue of Now Better Pay is $3.42M as on Mar 31, 2020.
BetterPay was established in 2018 in Bengaluru, India, within the e-commerce sector focused on grocery retail. An online platform is maintained for users to acquire grocery items in bulk quantities. Product catalogues are browsed, and orders are placed using web and mobile applications. Deliveries are handled at designated pickup points across the region.
Now Better Pay's top competitors include Bigbasket, Otipy and Wellversed.
Now Better Pay has 1 investor. Key investors include Accel.
The valuation of Now Better Pay is $6.38M as of Jan 2018.