About Evaly
Evaly is a company based in Dhaka (Bangladesh) founded in 2018. It operates as a Two-Sided Marketplace. Evaly has raised $23.16 million across 1 funding round from investors including Jamuna Group. Evaly offers products and services including Seafood Products, Electronics, and Home Appliances.
- Headquarter Dhaka, Bangladesh
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name E-Valy.Com Limited
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$23.16 M (USD)
in 1 rounds
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Latest Funding Round
$23.16 M (USD), Series B
Jul 27, 2021
- Investors
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Employee Count
Employee Count
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Products & Services of Evaly
Evaly offers a comprehensive portfolio of products and services, including Seafood Products, Electronics, and Home Appliances. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Various seafood items are offered for online purchase.
Electronics like smartphones are sold through the platform.
Home appliances are provided for customer convenience online.
Funding Insights of Evaly
Evaly has successfully raised a total of $23.16M through 1 strategic funding round. The most recent funding activity was a Series B round of $23.16 million completed in July 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series B — $23.2M
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First Round
First Round
(27 Jul 2021)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Series B - Evaly | Valuation | Jamuna Group |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Evaly
Evaly has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Jamuna Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Jamuna Group is involved in various business activities.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Evaly
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Evaly
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Evaly Comparisons
Competitors of Evaly
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Evaly
When was Evaly founded?
Evaly was founded in 2018 and raised its 1st funding round 3 years after it was founded.
Where is Evaly located?
Evaly is headquartered in Dhaka, Bangladesh.
Is Evaly a funded company?
Evaly is a funded company, having raised a total of $23.16M across 1 funding round to date. The company's 1st funding round was a Series B of $23.16M, raised on Jul 27, 2021.
What does Evaly do?
Evaly is established as an e-commerce platform based in Bangladesh, facilitating online shopping across various categories. Products ranging from seafood to electronics and home appliances are listed for purchase. The platform serves as a marketplace connecting buyers and sellers, offering a wide array of goods through multiple shops and categories. Delivery services, including express options, are provided to ensure customer satisfaction. The company operates primarily in the retail sector with a focus on online marketplaces.
What products or services does Evaly offer?
Evaly offers Seafood Products, Electronics, and Home Appliances.
Who are Evaly's investors?
Evaly has 1 investor. Key investors include Jamuna Group.