BetterAlt - About the company
BetterAlt is a seed company based in Mumbai (India), founded in 2021 by Akash Dhoot. It operates as an Internet first brand of mushroom coffee, millet & beet root powder. BetterAlt has raised $1.51M in funding from HipHop Skin Care and Plan B Innovation Labs, with a current valuation of $*****. The company has 362 active competitors, including 28 funded and 15 that have exited. Its top competitors include companies like Kapiva, OZiva and Wellbeing Nutrition.
Company Details
- Website
- thebetteralt.com
- Social
- Email ID
- *****@thebetteralt.com
- Registered Address
- One International Centre Unit No. 2401, 24th Floor, Tower 2, Senapati Bapat Marg- Prabhadevi, Delisle Road, Mumbai, Mumbai, Maharashtra, India, 400013
Key Metrics
Founded Year
2021
Location
Mumbai, India
Stage
Seed
Total Funding
$1.51M in 2 rounds
Latest Funding Round
Post Money Valuation
$***** as on May 15, 2023
Investors
Ranked
13th among 362 active competitors
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2024
Employee Count
118 as on Aug 31, 2025
Legal entities associated with BetterAlt
BetterAlt is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
AZURETALE PRIVATE LIMITED CIN: U51909MH2021PTC357497 , India, Active | Mar 20, 2021 | ₹10 - ₹50 Cr (As on Mar 31, 2024) | 80 (As on Apr 01, 2026) |
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BetterAlt's funding and investors
BetterAlt has raised a total funding of $1.51M over 2 rounds. Its first funding round was on Jan 04, 2022. BetterAlt has 6 institutional investors and 11 angel investors.
Here is the list of recent funding rounds of BetterAlt:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 15, 2023 | 7380629 | Seed | 2244594 | 4298879 | 1193499 | 3182130 |
Jan 04, 2022 | 1995198 | Seed | 6523847 | 8125333 |
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BetterAlt's founders and board of directors
Founder? Claim ProfileThe founders of BetterAlt is Akash Dhoot.
Here are the details of BetterAlt's key team members:
- Akash Dhoot: Co-Founder of BetterAlt. They serve on the board of 1 company.Contact Info: 1 email address
BetterAlt's Board of Directors
BetterAlt's board has 3 active members. Akash Dhoot and Akash Shah are part of team and Jinay Bharat Jain is independent board member.Here is the list of BetterAlt's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 4y 11m | |
Team | - | Current | 4y 11m | |
Independent board member | - | Current | 1y 0m | |
jhlvokd | Independent board member | - | Past | 4y 1m |
qpaohhl | Independent board member | - | Past | 6y 3m |
View details of BetterAlt's Founder profiles and Board Members
BetterAlt's employee count trend
BetterAlt has 118 employees as of Aug 25. Here is BetterAlt's employee count trend over the years:
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BetterAlt's Competitors and alternates
Top competitors of BetterAlt include Kapiva, OZiva and Wellbeing Nutrition. Here is the list of Top 10 competitors of BetterAlt, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of ayurvedic healthcare and nutritional products to improve health | $78.5M | 76/100 | ||
2nd | Provider of nutritional food and health supplements | $17.3M | 72/100 | ||
3rd | Wellbeing Nutrition 2019, Mumbai (India), Acquired | Provider of organic whole-food nutritional supplements | $25.6M | 69/100 | |
4th | Online retailer of nutritional supplements including protein powders and wafers | $7.7M | 67/100 | ||
5th | Online brand offering nutritional supplements | $11.1M | 66/100 | ||
6th | Provider of multiple health and nutritional supplements | $11.3M | 63/100 | ||
7th | Platform offering plant-based nutritional supplements and wellness products | $3.89M | 62/100 | ||
8th |  The Plug 2019, Los Angeles (United States), Series A | Developer of plant-based hangover drinks | $6.5M | 57/100 | |
9th | Brand of superfood powder | - | 55/100 | ||
10th |  Better Nature 2018, London (United Kingdom), Seed | Internet first brand offering natural nutrition products | $5.62M | 53/100 | |
13th | Internet first brand of mushroom coffee, millet & beet root powder | $1.51M | 51/100 |
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BetterAlt's Latest cap tables and shareholding
Founders own 23.60%, Funds own 3.86%, Parent Entities (largest shareholder) own 41.66% and Enterprises own 3.50%. The net worth of BetterAlt's founders is INR 5.66Cr as of May 15, 2023.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 23.60% | 5.66Cr | 6090334 | 1980606 | 4377168 | 1259081 |
Fund | 3.86% | 92.5L | 365 | 723 | 281 | 797 |
Parent Entity | 41.66% | 9.99Cr | 9586117 | 4078104 | 7190661 | 7209327 |
Enterprise | 3.50% | 84L | 247 | 706 | 400 | 466 |
Angel | 1.86% | 44.5L | 4 | 5 | 1 | 8 |
Other People | 23.60% | 5.66Cr | 7386543 | 9911191 | 3186062 | 3859534 |
ESOP Pool | 1.92% | 46L | 6 | 8 | 2 | 1 |
Total | 100.00% | 24Cr | 7362620 | 2504999 | 3314175 | 1525057 |
To unlock detailed Cap Table of BetterAlt Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of BetterAlt's Shareholding
BetterAlt's Investments and acquisitions
BetterAlt has made no investments or acquisitions yet.
Reports related to BetterAlt
Here is the latest report on BetterAlt's sector:
News related to BetterAlt
Media has covered BetterAlt for 1 event in last 1 year, It was about company updates.
•
BetterAlt Launches India's First Plant Protein with 100% Money-Back GuaranteeThe Tribune•Jan 29, 2026•BetterAlt
•
BetterAlt Partners with Sprouts Farmers Market to Expand Retail PresenceGlobeNewswire•Jul 04, 2025•BetterAlt, Sprouts Farmers Market
•
BetterAlt and The Vitamin Shoppe Partner to Expand Ayurvedic Wellness Product AvailabilityGlobeNewswire•Apr 25, 2025•BetterAlt, Vitamin Shoppe
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