Evenflow

Mumbai, India Founded: 2021 • Age: 5 yrs
E-commerce businesses are acquired and scaled by Evenflow.
Annual revenue $3.2M Latest available
Total funding $14.5M 10 rounds
Employees 28 Tracked headcount
Investors 52 Known backers
Products 3 Services tracked
Competitors 9 Brand Intelligence

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
  • Sectors
    Technology
    Retail
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Evenflow Brands Pvt Ltd
Operational Areas
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Retail → E-Commerce Technology & Services Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $3.23 M (USD)
    -5
    as on Mar 31, 2024
  • Net Profit
    -$1.28 M (USD)
    22
    as on Mar 31, 2024
  • EBITDA
    -$1.1 M (USD)
    32
    as on Mar 31, 2024
  • Total Equity Funding
    $14.46 M (USD)

    in 10 rounds

  • Latest Funding Round
    $5 M (USD), Series A

    Apr 01, 2025

  • Investors
    Paytm

    & 51 more

  • Employee Count
    28

    as on Jun 30, 2023

  • 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.

Product name locked
Category locked
Primary

E-commerce businesses are acquired and scaled by Evenflow.

Product name locked
Category locked
Locked

Business integration across value chain is managed effectively.

Product name locked
Category locked
Locked

Growth strategies are implemented for sustainable business expansion.

People of Evenflow

Headcount 10-50
Employee Profiles 9
Employee Profiles
People
Rahul Tantia
Senior Associate - Brand Marketing
People
Shoba G
Marketing & Catalogue
People
Utsav Agarwal
CEO & Co-founder
People
Bhawna Jain
Marketing & Catalogue

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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.

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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Early-stage startup ecosystem is supported by Venture Catalysts in India.
Locked Locked Locked
Early-stage venture capital investing, network building, and founder support services.
Locked Locked Locked
Early-stage startups are invested in by MaGEHold venture capital firm.
Locked Locked Locked
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Investor details for Evenflow

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Evenflow

Evenflow has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include BabyPro, Cinagro and Rusabl.

Investments
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Investment portfolio details for Evenflow

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Manufacturer & supplier of dumbbells, wrist weights, yoga mats, and other fitness products
Locked Locked 2020 Locked
Eco-friendly home improvement products are sold online by Rusabl.
Locked Locked 2018 Locked
Baby safety products are retailed online by BabyPro.
Locked Locked 2017 Locked
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Complete acquisition details for Evenflow

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  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - Evenflow

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Detailed financials for Evenflow

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  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

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Evenflow Comparisons

Evenflow Primary company
Description
E-commerce businesses are acquired and scaled by Evenflow.
Location
Mumbai, India
Founded Year
2021
Annual Revenue
$3.23 M (USD)
Net Profit
-$1.28 M (USD)
EBITDA
-$1.1 M (USD)
Employees
28
As of 2023
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Peer comparison for Evenflow

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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  • Headcount comparison
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  • Operating benchmarks

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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.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Membership commerce solutions for fashion businesses are provided.
Locked Locked Locked
Digital consumer brands are acquired and enabled by technology platform.
Locked Locked Locked
Platform acquiring eCommerce businesses
Locked Locked Locked
Crafts global health and wellness brands for digital platforms.
Locked Locked Locked
Investment and scaling of D2C lifestyle brands are facilitated.
Locked Locked Locked
Direct-to-consumer brands are built and scaled through a technology platform.
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Detailed competitors of Evenflow

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  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

Verified entity values are shown only after access is granted.

Latest news on Evenflow

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Complete news archive for Evenflow

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Evenflow

Evenflow was founded in 2021.

Evenflow is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Utsav Agarwal is the current CEO of Evenflow. They have also founded this company.

Evenflow is a funded company, having raised a total of $14.46M across 10 funding rounds to date.

As of Jun 30, 2023, the latest employee count at Evenflow is 28.

Annual revenue of Evenflow is $3.23M as on Mar 31, 2024.

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.

Evenflow's top competitors include Mensa Brands, THG and TechStyle.

Evenflow offers E-commerce Acquisition, Brand Integration, and Growth Playbooks.

Evenflow has made 6 acquisitions, including BabyPro, Cinagro, and Rusabl.

Evenflow has 52 investors. Key investors include Paytm, Shiprocket, Angel List, Wellfound, and Venture Catalysts.

The valuation of Evenflow is $27.26M as of Aug 2024.

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