Dear Patrons,
We present the first edition of our quarterly newsletter. Greetings to everyone!
This quarter was an action-packed one. It began with Shark Tank 2. We saw 4 of our original portfolio companies getting featured in Shark Tank 2, namely Recode, Subhag, Imumz, and Fastbettle. This speaks volumes about the selection process at Bestvantage Investments.
Bestvantage boasts of the Top shark Tank companies in India, such as
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Rounds fast closing
Broomees
Broomees: Pre-Series A Round of Shark Tank Winner Broomees is 50% completed. Broomees (as seen on SharkTank) is a tech-enabled platform for customers to hire domestic help and helpers to get trained and verified. We operate in just three cities and have an annual revenue of Rs 2.25 cr with a GMV of 14 cr, around 16,000 app downloads, with a leading NPS of 60 in the most unorganized market.
Patilkaki
Patilkaki: Pre-Series A Round of Patilkaki is 75% completed with the lead investor onboard. Shark Tank Winner, Patilkaki makes Quality home-like snacks made with mother's care.
Dacby
Dacby: Pre-Series A Round of Dacby is 67% completed with Top E-sports company as a lead investor. Dacby is an Intelligent e-commerce platform for gamers to buy and sell gaming stuff like consoles, controllers, VR gear, game titles, and wallets - both new and used. Our core revenue model involves buying gaming products from gamers, adding value to them, and reselling them at a markup through our e-commerce platform.
Enercomp
Enercomp: Pre-Series, A Round of Enercomp, is 60% completed. Enercomp is in the Drone Tech business ( Drone as service, Drone Manufacturing, Drone GIS software ) with more than 75+ unique customers ( in B-B, B-G ), including RIL, Adani, Tata Projects, Shapoorji Pallomji, Indospace, LnT, Afcon, Gujarat Forest, Water resource department, Land Records department, Sangli Corporation, MIDC and many more.
NestRoots
Nestroots: Pre-Series A Round of Shark Tank Winner Nestroots is 60% completed, with the lead investor onboarded. Shark Tank winner, Nestroots is a Home Decor & Furniture Brand specializing in Utility based Designer products built-in quality and available at an accessible price point. We aim to become a household name within & outside India in this category, competing with global players in terms of design & quality. Working with local artisans makes it easier for us to maintain the quality and provide best-in-industry prices.
During this period, we also saw
Rounds Closed this quarter.
Recode Studio
Shark Tank Winner, Recode raises Pre-Series A investment from Marquee angels from Bestvantage - D2C cosmetic startup Recode Studios has raised a pre-series “A” round funding at a valuation of Rs 100 crore led by Sanjay Katkar and advised by Bestvantage investments. The brand plans to deploy funds to hire senior vertical leadership to develop its team, scale up R&D and launch new products to expand its product range and scale business.
DealBasket
Dealbasket raises Seed investment from Marquee angels from Bestvantage -MITRA, A D2C Fast Moving Consumer Goods (FMCG) brand, raised an undisclosed amount in a recent funding round led by marquee angels from Bestvantage. The start-up plans to use the capital to establish a manufacturing unit and deploy technology to strengthen its product and service capabilities.
Tulua
Tulua Closes Successful Seed Funding Round from marquee investors from Bestvantage Investments and Hem Angels. Tulua is building a clean-label brand that focuses on the true flavor of India. Over the next two years, Tulua aims to create a brand that is a go-to choice for Indian ready-to-cook pastes, unadulterated spices, and spice blends.
ATP Star
ATP STAR Kota announces the successful closing of a seed funding round from Marquee Angels with Bestvantage Investments. ATP STAR Kota, a leading Edtech company that provides online & offline coaching for students preparing for IIT JEE & NEET competitive exams, today announced the successful closing of its first funding round.
Feline
Delirious (Pun intended!) to announce that Marquee Angels at Bestvantage have invested in Feline Spirits. Feline Spirits is a craft beverage brand that showcases the two sides of the Indian millennial: one that is bold and playful and the other that is sublime and understated. The brand discusses things that many do not want to hear, stand up for the unconventional, and celebrates them with aplomb.