Private Capital
Vaibhav Domkundwar’s Better Capital launches $15 Mn seed stage-specific maiden fund
17 Nov 2021
With the micro VC funds gaining momentum in the startup ecosystem, Better Capital has raised its maiden fund of $15.28 Mn (approx INR 114 Cr).
The fund will invest in 40-50 sector agnostic pre-seed and seed-stage startups with a median check size being $300K. It has previously invested in 125+ companies across new categories such as neobanks, fintech infrastructure, edtech, SME digitization. It is now looking to back Crypto and Web 3.0, cleantech and creator-economy focussed startups.
Founded in 2018, and run by Silicon Valley entrepreneur Vaibhav Domkundwar, Better Capital is backed by founders, operators and investors from across the world. Some prominent backers include former or current leaders at Meta, Google, Uber, LinkedIn, Tiger Global, TPG, The World Bank among others.