TheCapTable

Sign In

FintechEdTechIPOInternetFood DeliveryE-CommerceCryptoMobilityLogisticsHealthTechInvestmentsGamingPolicyOTTThe CruxSAASB2B-TechAgriTechStrategyAnalysis

Join our mailing list

Our mailers and newsletters give you fresh, though-provoking perspectives into the world of startups and beyond. Don't miss out

Subscribe

TheCapTable

Home About Us Subscription Contact Us Privacy Policy Terms & Condition

Follow Us

© 2025 The CapTable

Venture Capital

Meta preps 1st early-stage India bet; what Cashfree nod means for wealthtechs

Soumya Gupta

Pratik Bhakta

July 22, 2022 | 6 Min Read

July 22, 2022 | 6 Min Read

The Crux newsletter this week. Facebook’s parent is moving to back ‘event-trading’ startup Better Opinions. Plus, wealthtech players believe more Indians may invest in global stocks since RBI has allowed Cashfree to facilitate cross-border payments in this space

Meta Platforms, home to Facebook, Instagram and WhatsApp, is poised to make its first early-stage investment in India. About time. The recipient is event-trading startup Better Opinions, which is backed by Silicon Valley’s famous incubator, Y Combinator.

Meta is leading a seed funding round of $3 million at a $20-million valuation and will invest $1.5-2 million, people aware of the development told The CapTable.
Other investors include Goodwater Capital, Taurus VC and Metaplanet VC.

Gurugram-based Better Opinions did not respond to requests for comment. It is founded by former executives of GoJek, Indonesia’s multi-service platform, and led by Samay Jain and Soumyajit Das. (The executives built GoJek’s financial services arm.)

sign_in_article

Read this article for free

In addition, access 50+ archived articles and 3 new articles every month

Sign In

Join our community of 100,000+ top executives, VCs, entrepreneurs, and brightest student minds

company1

company2

company3

company4

company5

company6

company7

company8

company9

company1

company2

company3

company4

company5

company6

company7

company8

company9

Trusted by the best

Karthik Reddy

Blume Ventures

The CapTable brings a refreshing set of insights for us at the Blume team, highlighting stories that bring together the underlying business and founders with that of investors' journeys with these startups. It's an important perspective that very few bring to startup ecosystem enthusiasts.

Umang Bedi

VerSe Innovation

The CapTable is an essential resource for Indian startups. Its insightful analysis and diverse perspectives make it a valuable asset for entrepreneurs and investors navigating the startup landscape.

Ashwin Damera

Eruditus

I enjoy reading The CapTable's insightful coverage of the Indian start up ecosystem. The articles are well researched, are deeply analytical and offer a balanced view. The CapTable has deep access to founders and investors and this enables it to publish very insightful commentary. I appreciate the spotlight they are giving to Indian startups. Kudos to the team!

Latest Articles

Guns N’ Roses, Coldplay, and the jaw-dropping numbers behind India’s concert craze

Once a peripheral stop on global tour calendars, India is now drawing millions to high-octane concerts in cities big and small. From Coldplay in Ahmedabad to AP Dhillon in Chandigarh, live entertainment is fuelling a Rs 12,000 crore economic revolution across tourism, hospitality, and retail.

Sohini Mitter

It’s hot to be cold: Why everyone’s betting big on frozen foods

ITC’s acquisition of Prasuma signals a frozen food gold rush in India, as changing urban lifestyles, evolving consumer mindsets, and new-age logistics infrastructure light a fire under what was once a cold, unloved category.

Sanghamitra Kar

Did BluSmart and Gensol’s downfall begin in the boardroom?

Behind BluSmart’s collapse lies an oversight problem. Did independent directors with financial interests in the company they were supposed to monitor potentially enable the promising startup’s mismanagement and ignore obvious red flags?

Team Captable

Startups are pivoting from disrupting hospitals to running them

Far from the digital disruption they once promised, startups like Pristyn Care, Even, and PB Healthcare are leaning into the brick-and-mortar business of hospitals—where profits, trust, and control still live.

Anuj Suvarna

Lending, but not to farmers: Indian agritech’s identity crisis

Agritechs are pivoting to financial services to boost revenue and scale. Most, however, are steering clear of lending directly to the farmers they once wanted to empower. Instead, the agri-fintech pivot has become a story of scale, risk aversion, and, problematically, systemic exclusion.

Parvathi Benu

subscribe_graffiti

Convinced that The Captable stories and insights
will give you the edge?

Convinced that The Captable stories
and insights will give you the edge?

Subscribe Now

If you want to see more, Sign Up for access to our Crux newsletter and several free articles

Sign Up Now