The funding round follows after the Bengaluru-based startup raised $3 Mn in its Pre-Series A round in May 2021
Founded in 2016 by MIT graduates Pawan Gupta and Rahul Kumar Namdev, Betterhalf targets high-income individuals in Tier I cities
Betterhalf also claims to have created the fastest AI-based matchmaking system in the world, having patented the system in the US
AI-enabled matrimony startup Betterhalf has raised $8.5 Mn (INR 70.2 Cr) in its Series A round of funding. The round saw the participation of FinSight Ventures, Rebel Fund and Nurture Ventures.
Angel investors Mike Krieger (cofounder of Instagram), Arash Ferdowsi (cofounder of Dropbox), Derek Callow (former Bumble CMO) and Brendan O’Driscoll (former product head at Spotify), among others, also invested in this funding round, VCCircle reported.