VC Fund Investments
Opinion trading app Better Opinions raises $1-M from Java Capital, Soma Capital, others
Better Opinions, a Y-Combinator backed “opinion trading†platform, has raised over USD 1 million in a seed round from Y Combinator, Java Capital, Soma Capital, and angels including Mayank Kumar, co-founder of UpGrad; Sudhanshu Raheja, head of product and engineering at GoTo Financials (Gojek-Tokopedia); Pratyush Prasanna, SVP of Gojek; Chinmaya Sharma, chief commercial officer, Namshi; and the Ranadive Family, the co-owners of Sacramento Kings. Better Opinions allows users to trade their opinions on events in several categories such as cricket, football, finance and entertainment, and allows users to trade on events while matching them with a person with a complimentary trade. With events trading emerging as a whole new asset class across the globe, Better Opinions is targeting INR 1 crore monthly GMV in Q2 and 1 million users in Q4.
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