Better Capital closes maiden fund with $15-M
Better Capital has raised its maiden fund, Better Capital Ventures I, with a corpus of USD 15.28 million (about INR 113.6 crore). The fund, managed by prolific angel investor Vaibhav Domkundwar, will invest in pre-seed and seed rounds across sectors with median cheque size being USD 300,000. The fund will invest in 40-50 startups over the next 12-24 months and actively seek investments in Web3 and climate focused sectors. Investors in the fund include former or current leaders at Meta (Facebook), Google, Uber, LinkedIn, Tiger Global, TPG, The World Bank and others.
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