About Evolution
Evolution is an Education company based in Delhi (India) founded in 2006 by Abhishek Kumar. Provider of IAS and IFS coaching services to simplify and enhance UPSC exam preparations. Its Indian entity Evolution Educare Private Limited. reported revenue of ₹1.70 Cr. Its focus areas include Test Preparation Centres.
Company details
Evolution Educare was established in 2006 in Delhi, India, as a coaching institute focused on civil services preparation. Services for UPSC exams, including IAS and IFS, are delivered through structured programs designed for aspirants. Operations center on the education sector, with over 2200 student selections recorded. The institute operates via its domain evolution.co.in, supporting candidates in competitive exam training within India.
- Headquarters Delhi, India
- Founders Abhishek Kumar
- SectorsEducation
- Email••••••••
- Phone•••• ••••
- Website evolution.co.in
- Social LinkedIn Facebook
- Legal Name Evolution Educare Private Limited.
- Date of Incorporation 27 May, 2006
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹1.70 Cr
FY 2024 · +9% YoY
- Net Profit₹3.5 Lakh
FY 2024 · 2% margin
- EBITDA₹10.4 Lakh
FY 2024 · 6% margin
- Latest Funding Round$67.31K (USD), Grant
Jan 2020
- Investors
Associated legal entities of Evolution
Evolution operates through Evolution Educare Private Limited. (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Evolution Educare Private Limited. CIN U80301DL2006PTC149253 | Active | 27 May 2006 | New Delhi, Delhi | ₹1.7 Cr | 2 | View details |
Funding Insights of Evolution
- Total Rounds 1
- Last Round Grant — $67,314
- First Round $67,314
(Jan 2020)
- Investors Count 1
All 1 funding rounds of Evolution with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2020 | $67,314 | Grant | – | – |
1 investors in total: 1 institutional.
Investors in Evolution
Evolution has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium |
Investor details for Evolution
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Evolution Educare Private Limited. (Evolution)
Evolution Educare Private Limited. is the primary company behind Evolution. The board of Evolution Educare Private Limited. currently have 2 directors; the longest-serving is Suman Verma, appointed in 2017. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Suman Verma DIN 02611442 | Director | 08 Apr 2017 | 9 yrs 7 mo | Evolution Educare Private Limited. |
| Abhishek Kumar DIN 02611399 | Director | 08 Apr 2017 | 9 yrs 7 mo | Evolution Educare Private Limited. |
People of Evolution
1 people are tracked at Evolution (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder | Leadership |
Complete people profiles for Evolution
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Evolution
Figures of Evolution Educare Private Limited., the primary company behind Evolution, for FY 2024. Revenue was ₹1.70 Cr (+9% year on year). Net profit was ₹3.5 Lakh (2% margin). EBITDA was ₹10.4 Lakh (6% margin). Revenue has grown at a compounded annual rate of +71% over three years and +4% over five years.
- ₹1.70 CrRevenue · FY 2024 · +9% YoY
- ₹3.5 LakhNet profit · 2% margin
- ₹10.4 LakhEBITDA · 6% margin
- ₹1.2 LakhPaid-up capital
- +71%Revenue CAGR, 3 years
- +4%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Evolution Educare Private Limited. are on its company page.
Detailed financial statements for Evolution
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.
Timeline of Evolution
2 dated milestones of Evolution across 14 years, from founding to its latest funding, stage changes and deals.
- Founded Evolution is founded.
- Funding First funding round of $67K.
Web traffic of Evolution
The website of Evolution (evolution.co.in) receives about 6.3K visits a month.
- Monthly visits6.3K
▼ 63.3% vs previous month
Websites whose visitors overlap most with Evolution. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
 d502jbuhuh9wk.cloudfront.net | d502jbuhuh9wk.cloudfront.net | 100% | #502,775 | – | |
iasals.com | iasals.com | 86% | – | ||
shankariasacademy.com | shankariasacademy.com | 82% | #494,842 | – | |
| psacademy.co.in | 78% | View details | |||
| ksgindia.com | 77% | 19K | #1,453,948 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 9 similar websites and full traffic analytics for Evolution
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 9 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Test Preparation Institutes
3 companies that operate in the same segment as Evolution (Test Preparation Institutes) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Training for competitive exams like IIT-JEE and NTSE is offered. | 1992 | Delhi, Delhi, India | USD 20.32 M | USD 71.98 M | 2,097 | |
Chain of centers offering coaching for medical & engineering entrance exams | 2000 | Delhi, Delhi, India | USD 1.08 B | USD 289.68 M | 8 | |
Chain of coaching institutes and PU colleges | 1988 | Mumbai, Maharashtra, India | USD 12 M | USD 3.85 M | 790 |
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Frequently Asked Questions about Evolution
Evolution was founded in 2006 and raised its 1st funding round 14 years after it was founded.
Evolution is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
The primary company behind Evolution, Evolution Educare Private Limited., reported revenue of ₹1.70 Cr for FY 2024, up 9% year on year.
Evolution Educare was established in 2006 in Delhi, India, as a coaching institute focused on civil services preparation. Services for UPSC exams, including IAS and IFS, are delivered through structured programs designed for aspirants. Operations center on the education sector, with over 2200 student selections recorded. The institute operates via its domain evolution.co.in, supporting candidates in competitive exam training within India.
Evolution has 1 investor. Key investors include European Union.
Evolution operates through Evolution Educare Private Limited..
The legal entities of Evolution currently have 2 directors, including Suman Verma, Abhishek Kumar.