Better Opinions, a YCombinator-backed early-stage startup, has raised $2.5 million (about Rs 20 crore) from a clutch of investors, including Metaplanet VC and Goldwater Capital. YCombinator, Taurus VC, Original Capital, and other angel investors also participated in the round.

The company had previously raised over $1 million in a pre-seed round.

Better Opinions is an app that operates in the prediction market space and allows users to trade their opinions with real money on events in various categories like cricket, cryptocurrency, politics and entertainment. It claims to have over 600,000 users, covering more than 14,000 events.

"Prediction markets are a relatively new asset class where users can trade on future unknown events and earn money," said the company in a statement.

The company will use the fresh funds raised for building and expanding the product and tech team towards marketing and user growth. It also plans to build a social platform where users can trade and engage.

According to a Techcrunch report, Meta (formerly Facebook) is also planning to invest in the company.