About EveoAI
EveoAI is a company based in Surat (India) founded in 2023 by Sachin Sutariya.. EveoAI has raised $27.83 thousand across 3 funding rounds from investors including SVNIT, AIC-Nalanda Institute of Technology Foundation and Startup India. The company has 1 employees as of May 04, 2024. EveoAI operates in a competitive market with competitors including Stylitics, renovai, Mirrorsize, ShoeAI and Ploom, among others.
- Headquarter Surat, India
- Employees 1 as on 04 May, 2024
- Founders Sachin Sutariya
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Sectors
RetailTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Eveoai Private Limited
- Date of Incorporation 18 Apr, 2024
- Jurisdiction Chorasi, Gujarat, India
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$27.83 K (USD)
in 3 rounds
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Latest Funding Round
$27.83 K (USD), Seed
Dec 28, 2025
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Investors
SVNIT
& 2 more
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Employee Count
1
as on May 04, 2024
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Funding Insights of EveoAI
EveoAI has successfully raised a total of $27.83K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $27.83 thousand completed in December 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 3
- Last Round Seed — $27,834
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2025 | Amount | Seed - EveoAI | Valuation |
investors |
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| Jul, 2024 | Amount | Grant - EveoAI | Valuation |
investors |
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| Jul, 2023 | Amount | Seed - EveoAI | Valuation |
investors |
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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 EveoAI
EveoAI has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include SVNIT, AIC-Nalanda Institute of Technology Foundation and Startup India. 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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A technology business incubator is supported by government initiatives.
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Founded Year | Domain | Location | |
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An institute of technology focused on engineering education is operated.
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Founded Year | Domain | Location | |
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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 EveoAI
| 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 - EveoAI
| 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 |
Eveoai Comparisons
Competitors of EveoAI
EveoAI 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 Stylitics, renovai, Mirrorsize, ShoeAI and Ploom, 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 |
Tech enabler offering AI-based personal styling solutions for fashion businesses
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| domain | founded_year | HQ Location |
AI-powered visual software for interior design is offered.
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| domain | founded_year | HQ Location |
Offers AI-powered 3D scanning for precise body measurements in fashion and health sectors.
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| domain | founded_year | HQ Location |
AI-based personalized shoe recommendations are offered to e-commerce stores.
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| domain | founded_year | HQ Location |
AI-enabled personal styling solutions are offered for fashion businesses.
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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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Frequently Asked Questions about EveoAI
When was EveoAI founded?
EveoAI was founded in 2023.
Where is EveoAI located?
EveoAI is headquartered in Surat, India. It is registered at Surat, Gujarat, India.
Is EveoAI a funded company?
EveoAI is a funded company, having raised a total of $27.83K across 3 funding rounds to date.
How many employees does EveoAI have?
As of May 04, 2024, the latest employee count at EveoAI is 1.
What does EveoAI do?
EveoAI was established in 2023 in Surat, India, as a provider in the fashion technology sector. An AI-driven platform for virtual clothing visualization is operated, encompassing features such as a personal AI advisor, event styling planner, outfit coordination tools, body language analysis, AI-enabled outfit generation, and consultations via images and videos. Services are tailored for enhanced user experiences in apparel selection and styling.
Who are the top competitors of EveoAI?
Who are EveoAI's investors?
EveoAI has 3 investors. Key investors include SVNIT, AIC-Nalanda Institute of Technology Foundation, and Startup India.
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