About Adevole
Adevole is a Technology company based in Mumbai (India) founded in 2015. It develops and provides Shopify apps with simple design and support for online stores. It operates on a B2B model. Its Indian entity Megatech Digital Private Limited reported revenue of ₹11.3 Lakh. Adevole offers products and services including InstaFeed+Story, WishIt, Calee, and Hola!. Its focus areas include Information Technology, Software Development, Ecommerce and Shopify Apps.
Company details
Adevole is a company that specializes in developing apps for the Shopify platform, focusing on user-friendly features like Instagram integration, theme sections, and event calendars. It offers these tools to enhance e-commerce experiences for merchants globally, emphasizing intuitive design and reliable support. Based in India, as inferred from contact details, Adevole serves over 21,000 merchants with efficient app solutions for online retail needs.
- Headquarters Mumbai, India
- SectorsTechnology
- Email••••••••
- Website adevole.com
- Legal Name Megatech Digital Private Limited
- Date of Incorporation 04 Jul, 2015
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹11.3 Lakh
FY 2023 · +295% YoY
- Net Loss-₹6.38 Cr
FY 2023 · -5666% margin
- EBITDA₹2.5 Lakh
FY 2023 · 22% margin
Associated legal entities of Adevole
Adevole operates through Megatech Digital Private Limited (amalgamated). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Megatech Digital Private Limited CIN U74900MH2015PTC266328 | Amalgamated | 04 Jul 2015 | Mumbai, Maharashtra | ₹0.1 Cr | 2 | View details |
Products & Services of Adevole
Adevole offers a comprehensive portfolio of products and services, including InstaFeed+Story, WishIt, Calee, and Hola!.
App for displaying Instagram feeds on e-commerce stores.
Collection of pre-built sections for store customization.
Widget for managing events on online platforms.
App for WhatsApp-based order confirmations and reviews.
Board of directors of Megatech Digital Private Limited (Adevole)
Megatech Digital Private Limited is the primary company behind Adevole. The board of Megatech Digital Private Limited currently have 2 directors; the longest-serving is Angshuman Chaliha, appointed in 2019. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Angshuman Chaliha DIN 07546355 | Director | 01 Jul 2019 | 7 yrs 4 mo | Megatech Digital Private Limited |
| Ruchi Agarwal DIN 01804611 | Director | 01 Jul 2019 | 7 yrs 4 mo | Megatech Digital Private Limited |
Financials of Adevole
Figures of Megatech Digital Private Limited, the primary company behind Adevole, for FY 2023. Revenue was ₹11.3 Lakh (+295% year on year). Net loss was -₹6.38 Cr (-5666% margin). EBITDA was ₹2.5 Lakh (22% margin). Revenue has grown at a compounded annual rate of -75% over three years and +10% over five years.
- ₹11.3 LakhRevenue · FY 2023 · +295% YoY
- -₹6.38 CrNet loss · -5666% margin
- ₹2.5 LakhEBITDA · 22% margin
- ₹11.8 LakhPaid-up capital
- -75%Revenue CAGR, 3 years
- +10%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Megatech Digital Private Limited are on its company page.
Detailed financial statements for Adevole
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Adevole
Adevole was founded in 2015.
Adevole is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
The primary company behind Adevole, Megatech Digital Private Limited, reported revenue of ₹11.3 Lakh for FY 2023, up 295% year on year.
Adevole is a company that specializes in developing apps for the Shopify platform, focusing on user-friendly features like Instagram integration, theme sections, and event calendars. It offers these tools to enhance e-commerce experiences for merchants globally, emphasizing intuitive design and reliable support. Based in India, as inferred from contact details, Adevole serves over 21,000 merchants with efficient app solutions for online retail needs.
Adevole offers InstaFeed+Story, WishIt, Calee, and Hola!.
Adevole operates through Megatech Digital Private Limited.
The legal entities of Adevole currently have 2 directors, including Angshuman Chaliha, Ruchi Agarwal.