About Evenflow
Evenflow is a company based in Mumbai (India) founded in 2021 by Pulkit Chhabra, Shashank Ranjan, and Utsav Agarwal. It operates as a Direct-to-Consumer (D2C), and Reseller / Distribution. Evenflow has raised $14.46 million across 10 funding rounds from investors including Paytm, Shiprocket and Angel List. The company has 28 employees as of June 30, 2023. Evenflow has completed 6 acquisitions, including BabyPro, Cinagro and Rusabl. Evenflow offers products and services including E-commerce Acquisition, Brand Integration, and Growth Playbooks. Evenflow operates in a competitive market with competitors including TechStyle, THG, Merama, Mensa Brands and GOAT Brand Labs, among others.
- Headquarter Mumbai, India
- Employees 28 as on 30 Jun, 2023
- Founders Pulkit Chhabra, Shashank Ranjan, Utsav Agarwal
- Stage Minicorn
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Sectors
TechnologyRetail
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Evenflow Brands Pvt Ltd
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Annual Revenue
$3.23 M (USD)-5as on Mar 31, 2024
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Net Profit
$-1.28 M (USD)22as on Mar 31, 2024
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EBITDA
$-1.1 M (USD)32as on Mar 31, 2024
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Total Equity Funding
$14.46 M (USD)
in 10 rounds
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Latest Funding Round
$5 M (USD), Series A
Apr 01, 2025
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Investors
Paytm
& 51 more
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Employee Count
28
as on Jun 30, 2023
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Investments & Acquisitions
BabyPro
& 5 more
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Products & Services of Evenflow
Evenflow offers a comprehensive portfolio of products and services, including E-commerce Acquisition, Brand Integration, and Growth Playbooks. 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.
E-commerce businesses are acquired and scaled by Evenflow.
Business integration across value chain is managed effectively.
Growth strategies are implemented for sustainable business expansion.
Unlock access to complete
Funding Insights of Evenflow
Evenflow has successfully raised a total of $14.46M across 10 strategic funding rounds. The most recent funding activity was a Series A round of $5 million completed in April 2025. 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 10
- Last Round Series A — $5.0M
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First Round
First Round
(04 Jun 2021)
- Investors Count 52
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2025 | Amount | Series A - Evenflow | Valuation |
investors |
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| Aug, 2024 | Amount | Series A - Evenflow | Valuation | Shail Patel , Shail Prakash | |
| Jun, 2023 | Amount | Seed - Evenflow | Valuation | Sajid Rahman , Angel List |
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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 Evenflow
Evenflow has secured backing from 52 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Paytm, Shiprocket and Angel List. 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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Early-stage startup ecosystem is supported by Venture Catalysts in India.
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Founded Year | Domain | Location | |
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Early-stage venture capital investing, network building, and founder support services.
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Founded Year | Domain | Location | |
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Early-stage startups are invested in by MaGEHold venture capital firm.
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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 Evenflow
Evenflow has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include BabyPro, Cinagro and Rusabl. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Manufacturer & supplier of dumbbells, wrist weights, yoga mats, and other fitness products
|
2020 | ||||
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Eco-friendly home improvement products are sold online by Rusabl.
|
2018 | ||||
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Baby safety products are retailed online by BabyPro.
|
2017 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Evenflow
| 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 |
Evenflow Comparisons
Competitors of Evenflow
Evenflow operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as TechStyle, THG, Merama, Mensa Brands and GOAT Brand Labs, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Membership commerce solutions for fashion businesses are provided.
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| domain | founded_year | HQ Location |
Digital consumer brands are acquired and enabled by technology platform.
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| domain | founded_year | HQ Location |
Platform acquiring eCommerce businesses
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| domain | founded_year | HQ Location |
Crafts global health and wellness brands for digital platforms.
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| domain | founded_year | HQ Location |
Investment and scaling of D2C lifestyle brands are facilitated.
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| domain | founded_year | HQ Location |
Direct-to-consumer brands are built and scaled through a technology platform.
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| 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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Latest news on Evenflow
Frequently Asked Questions about Evenflow
When was Evenflow founded?
Evenflow was founded in 2021.
Where is Evenflow located?
Evenflow is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of Evenflow?
Utsav Agarwal is the current CEO of Evenflow. They have also founded this company.
Is Evenflow a funded company?
Evenflow is a funded company, having raised a total of $14.46M across 10 funding rounds to date. The company's 1st funding round was a Seed of $183.05K, raised on Jun 04, 2021.
How many employees does Evenflow have?
As of Jun 30, 2023, the latest employee count at Evenflow is 28.
What is the annual revenue of Evenflow?
Annual revenue of Evenflow is $3.23M as on Mar 31, 2024.
What does Evenflow do?
E-commerce businesses are acquired, integrated, and scaled by Evenflow. Operations span across sourcing, supply chain, warehousing, inventory, and marketplace listings. Growth playbooks are activated for branding, performance marketing, and global expansion. The focus is placed on transforming acquired businesses into everyday consumer brands within the e-commerce sector.
Who are the top competitors of Evenflow?
Evenflow's top competitors include Mensa Brands, THG and TechStyle.
What products or services does Evenflow offer?
Evenflow offers E-commerce Acquisition, Brand Integration, and Growth Playbooks.
How many acquisitions has Evenflow made?
Who are Evenflow's investors?
Evenflow has 52 investors. Key investors include Paytm, Shiprocket, Angel List, Wellfound, and Venture Catalysts.
What is Evenflow's valuation?
The valuation of Evenflow is $27.26M as of Aug 2024.
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