About The Better Shop
The Better Shop is a Retail company based in Mumbai (India) founded in 2021 by Sanil Jain. Handpicks and sells wholesome foods, snacks, beverages, and spreads online. It operates on a D2C model. Its chief executive, as recorded, is Sanil Jain. The Better Shop offers products and services including Beverages, Dry Fruits, and Peanut Butters. Its focus areas include Food and Agriculture Tech, Online Grocery, Multi Category and Wholesome Snacks. Similar companies include Blinkit, Swiggy and IndiaMART; 3 of its 3 listed similar companies have raised funding.
Company details
The Better Shop is an online retailer that handpicks and provides healthier foods and snacks across categories like beverages, dry fruits, and peanut butters. It operates from Mumbai, India, offering free delivery on orders over 199 and focuses on authentic, preservative-free products. The platform emphasizes consumer access to wholesome options, promoting better living through quality selections and exclusive discounts.
- Headquarters Mumbai, India
- Founders Sanil Jain
- SectorsRetail
- Email••••••••
- Website thebettershop.co
- Social X Facebook Instagram
- Annual Revenue$4.87 K (USD)as on Mar 31, 2022
Associated legal entities of The Better Shop
The Better Shop is associated with 2 registered companies on The Company Check. 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 |
|---|---|---|---|---|---|---|---|
| Outlier Innovations Private Limited CIN U74999MH2017PTC298566 | Active | 14 Aug 2017 | Mumbai, Maharashtra | ₹20.0 Cr | 64 | 2 | View details |
| Blingg Labs Private Limited CIN U74999MH2021PTC358722 | Active | 12 Apr 2021 | Mumbai, Maharashtra | ₹0.0 Cr | 4 | 2 | View details |
Products & Services of The Better Shop
The Better Shop offers a comprehensive portfolio of products and services, including Beverages, Dry Fruits, and Peanut Butters.
Handpicked healthier beverage options for everyday consumption
Selection of wholesome dry fruits for nutritious snacking
Healthier peanut butter varieties for better meal options
Board of directors of The Better Shop
The boards of the 2 registered companies of The Better Shop currently have 4 directors; the longest-serving is Sidharth, appointed in 2017. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sidharth DIN 07802774 | Director | 14 Aug 2017 | 9 yrs 2 mo | Outlier Innovations Private Limited |
| Sanil Jain DIN 07802766 | Director | 12 Apr 2021 | 5 yrs 6 mo | Blingg Labs Private Limited |
| Sourav Kumar DIN 07554273 | Whole-time director | 21 Jan 2022 | 4 yrs 9 mo | Outlier Innovations Private Limited |
| Dimple Anil Kumar Bharil DIN 09370567 | Director | 21 Jan 2022 | 4 yrs 9 mo | Blingg Labs Private Limited |
People of The Better Shop
1 people are tracked at The Better Shop (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder, CEO | Leadership |
Complete people profiles for The Better Shop
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Financials of The Better Shop
Figures of Outlier Innovations Private Limited, the primary company behind The Better Shop, for FY 2024. Revenue was ₹19.99 Cr (-38% year on year). Net loss was -₹79.1 Lakh (-4% margin). EBITDA was -₹43.4 Lakh (-2% margin). Revenue has grown at a compounded annual rate of +101% over three years and +34% over five years.
- ₹19.99 CrRevenue · FY 2024 · -38% YoY
- -₹79.1 LakhNet loss · -4% margin
- -₹43.4 LakhEBITDA · -2% margin
- ₹1 LakhPaid-up capital
- 64Employees (provident fund records)
- +101%Revenue CAGR, 3 years
- +34%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Outlier Innovations Private Limited are on its company page.
Detailed financial statements for The Better Shop
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Similar companies to The Better Shop
The Better Shop has 3 listed similar companies in our database, 3 of them funded. They include Blinkit, Swiggy and IndiaMART.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| blinkit.com | 2013 | Gurugram, India | $757.52M | 5,975 | Instant delivery of groceries and essentials is facilitated online. | |
| swiggy.com | 2014 | Bengaluru, India | $3.62B | 4,953 | Food and grocery items are ordered via an online network. | |
| indiamart.com | 1999 | Noida, India | $37.24M | 3,623 | Online B2B marketplace connecting buyers and suppliers of diverse industrial products |
Detailed similar companies of The Better Shop
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Top companies in Food & Grocery Retail
3 companies that operate in the same segment as The Better Shop (Food & Grocery Retail) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.54 B | USD 2.46 B | 4,488 | |
Personal and household products are delivered via an e-commerce platform. | 2011 | Bengaluru, Karnataka, India | USD 943.07 M | USD 1.17 B | 22,095 | |
Quick-commerce platform delivering groceries, household essentials and other everyday products in India. | 2013 | Gurugram, Haryana, India | USD 757.12 M | 11,913 |
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Related news about The Better Shop
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Frequently Asked Questions about The Better Shop
The Better Shop was founded in 2021.
The Better Shop is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Sanil Jain is the CEO of The Better Shop, as recorded in our data. They have also founded this company.
Annual revenue of The Better Shop is $4.87K as on Mar 31, 2022.
The Better Shop is an online retailer that handpicks and provides healthier foods and snacks across categories like beverages, dry fruits, and peanut butters. It operates from Mumbai, India, offering free delivery on orders over 199 and focuses on authentic, preservative-free products. The platform emphasizes consumer access to wholesome options, promoting better living through quality selections and exclusive discounts.
The Better Shop offers Beverages, Dry Fruits, and Peanut Butters.
The Better Shop is associated with 2 legal entities: Outlier Innovations Private Limited, Blingg Labs Private Limited.
The legal entities of The Better Shop currently have 4 directors, including Sourav Kumar, Sidharth, Sanil Jain and others.