Question 1

Hi, Congratulation for your application which moves in the right direction the marriage in India 👍 A little sad that there is no discount for the first investors and the investors perks useless to foreign investors

Accepted Answer

Hi Regis, Thanks for the comments. Round is already 90% subscribed and we'd like to be consistent to our investors who have filled the round. As an additional gesture to the Wefunder community, we've added perks to the investors filling up the first $100k. I'd recommend you to utilize this. In our cap table, we have not offered discount to any investors in previous and the current round. Hope this brings transparency and adds your confidence to invest. Pawan Gupta - CEO

Question 2

Hi, company vision is very good , but company not generate profit. in update of financial year 2022 company loss double money compare of 2021 , EPS -$0.75. Please share idea to company make profit.

Accepted Answer

By December 2022, Betterhalf has turned as a contribution margin positive company. The per month gross revenue is at $200k while the monthly burn rate is under $150k. With this trajectory, we could be EBIT profitable in 9-months if profitability is the main goal. We'd like to balance growth at this stage while continuing a controlled burn rate. From Series A ($200k monthly gross revenue) to Series C ($2m monthly gross revenue), growth is prioritised and then optimising for profitability is th...

Question 3

Are you currently raising funds through VC under similar conditions as this round?

Accepted Answer

We just announced $8.5M Series A round in March, 2023. We’re thankful to all of you for backing our ambitious plans on building a matrimony / wedding platform in India. We may do a Series A - extension if VCs would like to chat. Please let me know if you have any intros to make. Key press releases below: Times Of India: https://timesofindia.indiatimes.com/matrimony-app-betterhalf-raises-usd-8-5-mn-funding-fro[…]ram-co-founder-others/articleshow/98363880.cms?from=mdr CNBCTV18: https://www.cnbc...

Question 4

Can Indian resident Individual participate in this wefunder campaign for Better half?

Accepted Answer

Yes, you can do by Overseas Direct Investment (ODI) route. We have a private page on AL India as well where we can add you. Could you suggest the investment amount you would be looking? Please share your email and we can help you with this.

Question 5

Can I invest directly in smaller amount ($500 to $1000); I am based in India.

Accepted Answer

As per the deal page, the minimum investment syndicate lead is open to accept is INR 1L ($1250)

Betterhalf (YC W21)

Betterhalf is India's first and only matrimony super app without parents

$187,957

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Betterhalf (YC W21)

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$187,957

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