Vaibhav Domkundwar
Founder and Managing Partner, Better Capital. On 2 shows, 2 appearances. The Shows tab opens the full record on each.
investorfounderexecutive@vaibhavbetter ↗LinkedIn ↗vaibhavdomkundwar.com ↗
He manages Better Capital, an early-stage venture firm investing at the pre-seed and seed stages in Indian startups. Prior to investing, he co-founded telecom software firm Roamware and bootstrapped the product studio Better Labs.
2shows
2appearances
29statements
1resolved
1supported
0contradicted
100%fully supported
7said about them ↓ Everything Vaibhav Domkundwar said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Domkundwar: The best early-stage distribution strategy is having no distribution strategy
“The best distribution strategy is no distribution strategy, which is, you know, let your users tell you what they love, and then build that product for that love.”
Domkundwar: Venture studios fail because you cannot hire founders
“And I think my experience over those 10 years was you can't really you can't really hire founders, right, as such though we could build a lot of products in different markets.”
Domkundwar: Better Capital prioritizes market opportunity over founder teams
“So we are a very market first investor. And that's not to say that I think we are not team first investor. I think the teams have to all clear a certain bar. Before, ah, you know, they qualify, ah, for something that would be interesting for us. But we are ver…”
Domkundwar: Major industry innovation primarily comes from domain outsiders
“I actually think that innovation in most spaces Comes from innovators who are from outside those segments, right? And I think we've seen this happen in multiple scenarios. Most of the ad businesses were created by tech founders who are not from the media space…”
Domkundwar: Khatabook was the first startup to crack the Bharat market
“I think the best example that I like is that of Kata Book, because I think it's probably the first product, first company That created something for that Bharat opportunity and got it right.”
Domkundwar: Indian agritech must prioritize farming profitability over government subsidies
“We have a new generation of companies that empower our farmers because it is not about subsidies and giving money away to them. It's about helping make farming profitable.”
Domkundwar: Indian pure workflow SaaS startups will struggle to scale revenue
“It is going to be really, really hard for Indian founders who build SaaS companies that are pure workflow, web based application kind of companies to scale to be 10,000,020 1,000,030 million ARRs, right? Because the market is extremely competitive.”
Domkundwar: India's Next Fintech Wave Will Separate Infrastructure from Brands
“Let's say in FinTech, we saw a first generation of companies in India that were largely doing, Sort of a digital transformation, right? Digital lending, digital payments, and things like that, but I think we are now going to see a new generation of companies w…”
Domkundwar: Neobank Open will become a massive company by mirroring Intuit
“So, you know, the way I mean the way I look at open is that it's almost like Intuit with a bank under it, correct? And that could be a large, large, large company, right? Considering we don't have an Intuit and we have a banking system that is great, but could…”
Domkundwar: Setting rigid annual investment themes restricts venture capital returns
“What I have personally seen is that if I go into a new year of investing saying that these are the teams that I want to invest in and find companies who are doing that it is a little restrictive, right? So I don't try to form those themes, right?”
Domkundwar: India needs a Shopify-style platform for contractors and interior designers
“Let's take the contractor interior design market, right? I think live space has done a great job there, but I think the market is just insanely large and there is an opportunity for somebody to create what I call as the Shopify for that market. Correct. But wi…”
Domkundwar: Restaurants need a Shopify-style platform to escape food delivery aggregators
“There is also an opportunity for a Shopify for the restaurant. So let's say Amazon aggregated all the smaller product sellers in Shopify said, well, if you wanted to really stand out and have your own brand, then you come to me and we all know what a phenomena…”
Domkundwar: US visa policies pose systemic risks for Indian global founders
“We recently figured out number of Indian founders who are building global companies and moving to the U S visa is a very systemic risk, right?”
Domkundwar: Warm introductions from portfolio founders get the quickest investor attention
“So I think the best founders, ah, would find portfolio founders to make introductions, because that essentially gets the quickest attention and it's highly inefficient, I understand, but I think that that works the best in general.”
PicBackMan claims operating profitability only by excluding R&D costs
“There's a lot of product development R and D costs that, that if we take away on a month to month basis, we are profitable now.”
PicBackMan suffers from brutal double-digit monthly customer churn
“You know, I don't know the exact number, but we are in double digits, so we're very high.”
Better Capital writes initial checks between ₹50 Lakhs and ₹2 Crores
“We invest about between 50 lakhs to two crores as our first check depending on the size of the round and stage of the company. My guess is an average is about a crore plus or minus.”
Domkundwar: Better Capital discovered ShopKirana because of its founder's prolific writing
“In fact, that's the way I first talked to Tejas at Shopkerana, right? I think Tejas is one of the most prolific content writers in the founder community, and he writes with a lot of passion, which, you know, you will pay attention to. And that's how I got intr…”
Better Capital was AngelList India's top syndicate in 2018
“And last year in 2018, we were the number one Angelist India syndicate.”
Better Capital deployed up to $3M across 16 deals in 2018
“So, you know, I can give you the exact numbers, but we did 16 deals, and we were somewhere in the let's say about two million to three million dollars largely in Indian companies, so it's a significant amount.”
PicBackMan converted 50k free users to hit $12k in MRR
“So we have about 50,000 plus users in 130 countries, and we have paid users that are a fraction of that. We hit about 12,000 dollars in revenue last month.”
PicBackMan hit $12k MRR with zero marketing spend
“Everything that we've done so far is zero marketing spend.”
Domkundwar personally invested up to $1M into PicBackMan to reach $12k MRR
“The total that we've invested over the last two and a half years would be probably about 750 K to a million.”
The other half of the tape: Vaibhav Domkundwar's own voice is left out of every number here. Other people bring the name up 7 times in 3 episodes across the shows. every mention, with the transcript →
Who brings them up most Abhishek Rungta 4Varun Mayya 2Sudarshan Kamath 1
Every mention by year
tap a year for its mentions
the Neon Show 7
2026 1 mention in 1 episode
One line per show, most statements first. The link opens Vaibhav's full record on that show: the calibration, argument clarity, speaking style and every statement made there.
| Show | Role there | Eps | Statements | Record | |
|---|---|---|---|---|---|
| NEON SHOWLEDGER | Founder and Managing Partner, Better Capital | 1 | 16 | — | full record on the Neon Show → |
 TOP FOUNDERSLEDGER | Founder and Managing Partner, Better Capital | 1 | 13 | 100% 1/1 | full record on Top Founders → |