When was BetterAlt founded?

BetterAlt was founded in 2022 and raised its 1st funding round within a year of its incorporation.

Where is BetterAlt located?

BetterAlt is headquartered in Mumbai, India. It is registered at One International Centre Unit No. 2401, 24th Floor, Tower 2, Senapati Bapat Marg- Prabhadevi, Delisle Road, Mumbai, Mumbai, Maharashtra, India, 400013.

Which legal entities is BetterAlt associated with?

BetterAlt is associated with AZURETALE PRIVATE LIMITED.

How many employees does BetterAlt have?

As of Aug 31, 2025, the latest employee count at BetterAlt is 118.

Is BetterAlt a funded company?

BetterAlt is a funded company, having raised a total of $1.51M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jan 04, 2022.

How much is BetterAlt worth?

The latest valuation of BetterAlt is ₹***** as of May 15, 2023.

When was the latest funding round of BetterAlt?

BetterAlt's latest funding was a $***** Seed round on May 15, 2023, with participation from 0 investor.

What is the annual revenue of BetterAlt?

Annual revenue of BetterAlt is ₹34.2Cr as on Mar 31, 2024.

Where does BetterAlt rank among its competitors?

BetterAlt ranks 15th amongst 331 active competitors, of which 25 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Zeroharm, which secured $7.15M in Feb, 2026.

Who are the top competitors of BetterAlt?

BetterAlt's top competitors include Kapiva, OZiva and Wellbeing Nutrition. Among them, Zeroharm secured the most recent funding round in February, 2026.

BetterAlt - 2026 Company Profile, Team, Funding, Competitors & Financials

BetterAlt is a seed company based in Mumbai (India), founded in 2022 by Akash Dhoot and Akash Shah. It operates as an Internet first brand of mushroom coffee, millet & beet root powder. BetterAlt has raised $1.51M in funding from Plan B Innovation Labs, with a current valuation of ₹*****. The company has 331 active competitors, including 25 funded and 14 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

2022

Location

Mumbai, India

Stage

Seed

Total Funding

$1.51M in 2 rounds

Latest Funding Round

Seed, May 15, 2023, $*****

Post Money Valuation

₹***** as on May 15, 2023

Investors

Plan B Innovation Labs & 14 more

Ranked

15^th among 331 active competitors

Annual Revenue

₹34.2Cr as on Mar 31, 2024

Employee Count

118 as on Aug 31, 2025

Similar Companies

Kapiva & 167 more

View BetterAlt's full profile

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	$4.13M (As on Mar 31, 2024)	77 (As on Mar 01, 2026)

BetterAlt has raised a total funding of $1.51M over 2 rounds. Its first funding round was on Jan 04, 2022. BetterAlt has 4 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	7676968	Seed	6763558	9497368	2263298	4675947
Jan 04, 2022	5511911	Seed	9064972	4724321	Plan B Innovation Labs	Wellfound & 12 more

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View details of BetterAlt's funding rounds and investors

The founders of BetterAlt are Akash Dhoot and Akash Shah.

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
Akash Shah: Co-Founder of BetterAlt. They serve on the board of 1 company.
Contact Info: 1 phone number

BetterAlt's Board of Directors

BetterAlt's board has 2 active members. Akash Dhoot and Akash Shah are part of team.

Here is the list of BetterAlt's board of directors:

Name	Type	Representing	Status	Duration
Akash Dhoot	Team	-	Current	4y 7m
Akash Shah	Team	-	Current	4y 7m
Jinay Bharat Jain	Independent board member	-	Current	0y 8m
{{hjljf	Independent board member	-	Past	5y 1m
dy{macj	Independent board member	-	Past	5y 4m

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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Top competitors of BetterAlt include Kapiva, OZiva and Wellbeing Nutrition. Here is the list of Top 10 competitors of BetterAlt, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Kapiva 2016, Bengaluru (India), Series D	Provider of ayurvedic healthcare and nutritional products to improve health	$78.5M	Orbimed, Fireside Ventures & 35 others	76/100
2nd	OZiva 2010, Mumbai (India), Acquired	Provider of nutritional food and health supplements	$17.3M	Eight Roads Ventures, Z47 & 12 others	72/100
3rd	Wellbeing Nutrition 2019, Mumbai (India), Acquired	Provider of organic whole-food nutritional supplements	$16.7M	Fireside Ventures, Roha & 38 others	67/100
4th	Plix 2018, Thane (India), Acquired	Online brand offering nutritional supplements	$11.1M	RPSG Capital Ventures, Marico & 6 others	65/100
5th	Earthful 2020, Hyderabad (India), Seed	Platform offering plant-based nutritional supplements and wellness products	$3.89M	Fireside Ventures, V3 Ventures & 23 others	62/100
6th	Zeroharm 2020, Hyderabad (India), Series A	Provider of multiple health and nutritional supplements	$15.2M	Lscsteels, Kotak Life Sciences Fund I & 15 others	60/100
7th	RXBAR 2012, Chicago (United States), Acquired	Clean protein snacks with simple ingredients for a healthy lifestyle	$825K	-	58/100
8th	Cureveda 1917, Nagpur (India), Funding Raised	Online platform for nutritional products	-	-	56/100
9th	Cosmix 2019, Bengaluru (India), Acquired	Brand of superfood powder	$121K	-	55/100
10th	Better Nature 2018, London (United Kingdom), Seed	Internet first brand offering natural nutrition products	$5.62M	Kale United, Ascension & 15 others	54/100
15th	BetterAlt 2022, Mumbai (India), Seed	Internet first brand of mushroom coffee, millet & beet root powder	$1.51M	LetsVenture, Wellfound & 13 others	52/100

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Looking for more details on BetterAlt's competitors? Click here to see the top ones

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	2500848	9077113	2586907	5913955
Akash Shah	2422012	2103162	2224731	1895230	5670469	9977881
Fund	3.86%	92.5L	500	410	637	446
Parent Entity	41.66%	9.99Cr	7197342	1223144	7101796	2275333
Enterprise	3.50%	84L	365	711	613	589
Angel	1.86%	44.5L	6	8	2	7
Other People	23.60%	5.66Cr	7484384	4420911	2718474	9867402
ESOP Pool	1.92%	46L	4	6	3	5
Total	100.00%	24Cr	6826191	3323215	6183725	9355291