BETTERCOMMERCE

Updated: 7 th 2021 , 11:41 AM

Headless commerce for midmarket retailers

BetterCommerce is an operations platform for retailers, wholesalers and DTC brands. BetterCommerce is a headless, API-First cloud based suite of independent modules – including Ecommerce, PIM, OMS and Analytics that integrate to deliver a fully-fledge commerce solution.

Their goal is to help push commerce forward with a simple, flexible and powerful solution, so that, whether you’re looking for just one or two modules, or the entire platform, you can create a bespoke solution works for you.

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Nitesh
Jain

PARTNER

Nitesh Jain has an expertise in the area of Manufacturing, EV, Education and High tech area impacting future of manufacturing and education. He is the Managing Director at Best Group based out of India and Europe.

In the field of Manufacturing, the area of focus is Mobility and Defence industries, deploying cutting edge technologies for production and processes of complicated proprietary products.

Nitesh is also a founder of India’s well known chain of Corporate Child care centers for kids called “The Banyan”. In order to change the future of Education, he launched the initiative called “BeSingular”, an innovative Edtech company to teach Exponential Technologies to students from 8 year upwards, with a focus to prepare the next generation to understand and adopt future tech and help solve global great challenges facing humanity. In the area of high tech for Manufacturing, he leads Best Group’s initiatives in the IOT & IIOT areas apart from process automation technologies to develop systems that create innovative solutions to help generate advanced manufacturing systems and intelligent machines. He is a founder of Ashoka University, India’s leading Liberal Arts and Sciences University; a Mentor at Smart Mobility Accelerator program at Tel Aviv University, Israel; Ambassador at SingularityU Delhi and a board member at Harvard Alumni Entrepreneurs. Nitesh is an Alumni of Harvard Business School and Singularity University. His personal MTP and mission is to “Transform Education space to impact the learning possibilities for the next generation”.

 

Pulkit
Jain

ASSOCIATE VICE PRESIDENT

Pulkit focuses on investing in early-stage startups across sectors at Altius. He comes along with a strong experience of working in Transaction Advisory with corporates and multiple start-ups advising them Fundraise strategies, M&A and business development. Pulkit has worked in Consumer, FMCG, Adtech, Healthtech, Fintech, Enterprise SaaS and Manufacturing spaces.

Pulkit is a Chartered Accountant by profession and has previously worked with EY and Nomura Research Institute in various roles. His vast experience of working with start-ups and deep understating of the business has led to co-founding of Vector NXG (A Venture Debt Fund) and is associated with Doceree & Fabriclore under various capacities. He enjoys meeting new people and hearing new perspectives.

When he is not at work, he can be found on the field playing football or tennis. He loves to travel and trek to the remotest parts of the world to interact and spend time with local heritage. With time in hand, he loves to expand his coin collection.

 

Animesh
Vijayvargiya

VICE PRESIDENT

Animesh focuses on investing in early stage startups across sectors at Altius. He comes with a strong past experience in early-stage investing. Animesh has been working with early stage VCs for more than 6 years. His previous stints were at The HR Fund and Contrarian Drishti Partners where he has led several rounds of investments and has been solely responsible for driving the complete investment process. Animesh has led deals in Healthtech, HRtech, Social Media, Fintech, Enterprise Saas spaces. Apart from this he has also been responsible for portfolio management, fundraising and investor relations activities.

He has previously worked with RBS India and Accenture as well in varied roles. Animesh is an alumnus of MDI Gurgaon and NIT Bhopal. Animesh is a trained classical singer and has been part of several college bands; he dabbles at times with some recordings on a YouTube channel.

 

Harsh
Gupta

VICE PRESIDENT

Serial entrepreneur, investor, philanthropist, he has over 30 years experience spread across diverse businesses in different geographies. He is skilled in marketing, strategizing & negotiations. His strength is to create unique differentiating factors to help improve the bottom line across businesses. He is adept at fashioning successful & profitable business models.

He is Chairman of the Udyat group. His company provides smart, cutting edge, futuristic solutions to governments & utilities in India and other developing nations. They partner with startups/ enterprises with superior solutions for governments & help them reach their full potential by providing marketing, financial & strategic support. They also undertake turnkey EPC projects in power, water, solar & civil sectors across India & Africa. The realty arm of Udyat undertakes residential, industrial townships and commercial projects in Delhi–NCR and acquires stressed assets from NCLT & Courts for value addition & value creation. They also run three K-12 schools in Delhi-NCR with a strength of over 10000 students. As an investor, he looks for sincere & enthusiastic promoters with a good business plan, great solution and their ability to create a good team. He is a patient investor and is there for the long hall. He enjoys interacting with young new age techpreneurs. He enjoys meeting people, travelling and enjoying a glass of wine over poker with friends. He is part of the YPO, EO and was the Charter Chairman of Round Table 151.

 

Rahul
Gupta

Partner

"A technologist, venture capitalist, serial entrepreneur and an inspirational leader; Rahul has over 30 years of varied experience. He started his journey as Head of Technology Investments for one of the first early stage VC firms in the country. He also served as CEO of two mid sized US based tech companies and Managing Partner of a buy out fund. He believes that continuous innovation is the only way of surviving in this fast changing competitive world. His expertise lies in strategy formulation, long and mid range planning, culture and business process development, creating “winning teams”, facilitating and creating global sales organization and affecting successful business model disruptions.

Rahul has pursued his entrepreneurial journey with passion and is Founder/Co-Founder in five companies. He is also deeply entrenched in the startup world with over twenty investments in companies across India, US, Australia and Canada. He also serves on the Board of some listed companies and several technology startups. Rahul is also involved with mentoring and coaching several startups and is associated with entrepreneurs and partners in technology, services, manufacturing, hospitality, e-commerce and sustainability spaces across the globe. Rahul loves to play golf and has a keen interest in yoga."

 

Navyug
Mohnot

Partner

Navyug has over 25 years of experience in various leadership, advocacy, mentorship, fundraising, acquisitions, community, public service and advisory roles. Navyug, after three rounds of fundraising (for QAI), an acquisition in the UK, the merger and acquisition of QAI’s parent company (QAI USA) into QAI India, setting up it’s operations in China, Singapore, founding India’s first strategic design and Innovation company (QGLUE), is now co-founder and General Partner at Altius Venture Partners. All through, he has been passionate about start-ups: perennially “being” one, as also helping and funding some. Navyug hopes to bring to bear, through Altius, the many successes and equally many failures and learnings to help start-ups and to inspire them to take a more considered and structured approach to venture development.

Navyug believes in “designing your life” (of which he is a Stanford Certified Coach). He is a TEDx speaker ('Embracing Contradictions; Manifesting Desires'). He ran NASSCOM’s Orbit Shift Program, co-chaired TiECon and is on the Team of TiE Ventre Studio. He is the promoter of India’s first Design-led Entrepreneurship Awards and Summit, IDEAS, spotlighting the confluence of innovation, design and entrepreneurship.An ardent art, architecture and design enthusiast Navyug is passionate about photography and film and hopes to have a career there (someday). He also runs Film@5OO, a film club that celebrates the world of cinema.

 

SAASFOCUS

ACQUIRED BY COGNIZANT

Acquired by Cognizant

Website

http://saasfocus.com/











Co Cubes

ACQUIRED BY AON HEWIETT

Acquired by Aon Hewiett

Website

https://www.cocubes.com/











BETTERCOMMERCE

HEADLESS COMMERCE FOR MIDMARKET RETAILERS

BetterCommerce is an operations platform for retailers, wholesalers and DTC brands. BetterCommerce is a headless, API-First cloud based suite of independent modules – including Ecommerce, PIM, OMS and Analytics that integrate to deliver a fully-fledge commerce solution.

Their goal is to help push commerce forward with a simple, flexible and powerful solution, so that, whether you’re looking for just one or two modules, or the entire platform, you can create a bespoke solution works for you.

Founders

Vikram Sakena

Other Investors

Angel Investors

Website

https://bettercommerce.io/











RELIABLE RECORDS

A PREMIUM RECORD MANAGEMENT SERVICE PROVIDER FOR

Reliable Records manages physical documents and records for corporates and government organizations.

They keep official records protected from damage, destruction and loss. We track and retrieve them on request. They shred and destroy them safely when their useful life is over.

Founders

Leeroy Samudio

Other Investors

Burman Family Holdings

Website

https://reliablerecords.in/











MY ROOMIE

STUDENT HOUSING PROVIDER IN INDIA

Myroomie is one of the first student housing focused company in India addressing a massive unmet demand for high quality accommodation unlike PG or hostel with all the amenities of today for the Gen Z!

MyRoomie is present across several prime locations such as Bengaluru, Chennai, Hyderabad, Coimbatore, Mysore, Mangalore and various Metropolis known for its affordability, sophisticated style, superior service, dependable security and Crazy Fun!

Founders

Dennis Basil
Arun Murthy

Other Investors

Angel Investors

Website

http://www.myroomie.in











SOFTECH

INNOVATIVE SOFTWARE & IP FOR ARCHITECTURE, ENGINEERING AND CONSTRUCTION (AE)

SoftTech Engineers Limited is a leading software product company that creates innovative software and intellectual property in the architecture, engineering and construction (AEC) domains. They are Creators of one of the most preferred Automated CAD-based building plan scrutiny and approval processes – AutoDCR which has been used by over 500+ Municipal Corporations across India, GCC and North & West Africa.

Other flagship product Opticon is a full web-based ERP software that helps constructions and real estate companies in bidding, cost estimation, project management, accounting, plant and machinery, client billing, subcontractor management, sales, CRM, and HR & Payroll.
Softtech has served over 4500 clients in India and across the world.

Founders

Vijay Gupta

Other Investors

Rajasthan Venture Capital Fund
Now a Listed Company

Website

https://softtech-engr.com/











NIVESH.COM

NIVESH.COM IS A MASS MARKET MUTUAL FUNDS INVESTMENT PLATFORM.

Nivesh.com is a digital-first platform that focuses on solving the problem of under penetration of financial products in India

It enables independent mutual funds distributors to grow their AUM with state-of-the-art technology and provide the best of both worlds to the customers: technology + human touch. Apart from mutual funds, the platform also allows distributors to list other products, including corporate fixed deposits and insurance.

Nivesh.com is a paperless experience for the customers. The platform simplifies the process by categorizing funds as per broad investment objectives, and further curating schemes to provide a shortlist. The aim is to take away the complexity while ensuring an objective investment process. After initial account creation, customers can transact in mutual funds in few simple steps.

Founders

Anurag Garg
Sridhar Srinivasan

Website

https://www.nivesh.com/











DOCEREE

THE FISRT GLOBAL NETWORK OF PHYSICIAL-ONLY PLATFORMS FOR PROGRAMMATIC MARKE.

Doceree enables pharma companies to market to physicians using technology to automatically serve ads — reaching the right user with the right message at the right time, optimising efficiency i.e. clicks and conversions, reducing waste and ensuring effective measurement of return on investment (RoI)

Doceree is addressing >$7 billion global markets currently addressing US and India market.

Founders

Harshit Jain
Daleep Mahanas

Website

https://doceree.com/











ANJA LENS

AR/VR wearables primarily for Defence, Education and Enterprise Customers.

AjnaLens is on a mission of bringing a positive change in society from grassroots leveraging cutting-edge technologies like Mixed Reality, and Artificial Intelligence. AjnaLens is the only Indian company manufacturing mixed reality glasses for Defence, Education, and Enterprise clients.

Many Government organizations like Indian Army, Indian Airforce, Indian Navy, DRDO, Maharashtra Government, and other private players like ATOP food, TATA, and multiple XR companies are their customers.

AjnaLens builds the next generation of wearable computing devices that fade away the boundaries of mobiles and computers, creating new possibilities of intuitively interacting with the digital world in a 3D space. AjnaLens holds 15+ patents in augmented reality and allied fields.

Founders

Abhijit Patil
Abhishek Tomer
Pankaj Raut

Other Investors

MaharashtraDefence and Aerospace Venture Fund
Ministry of Defense
Vijay Shekhar Sharma
Japan Vyas

Website

https://www.ajnalens.com/











MOSAMBEE

EMV enabled mobile POS providing end to end payment solutions.

Mosambee is a comprehensive EMV enabled mobile Point of Sale system (POS) providing end-to-end payment solutions for Bank, Cash, Cheque, Debit and Credit Card transactions. It is the leading payment service platform connected to all major banks and processors, all major wallets and to NPCI switches facilitating payments on multiple POS form-factors

Mosambee has onboarded 500,000+ merchants at 750,000+ touchpoints with USD 2.5 Billions annual transactions volume & growing. It is the only Indian company with a certified solution for Tap-n-Pay and PIN-on-Glass Technology

Founders

Alok Arora
Bhushan Thaker
Sameer Chugh

Other Investors

Rajasthan Venture Capital Fund
SIDBI Venture Capital

Website

https://home.mosambee.in/