About Evolve Back
Evolve Back is a company based in Bengaluru (India) founded in 1993 by Emmanuel Thomas Ramapuram. It operates as a D2C. The company has 599 employees as of March 31, 2023. Evolve Back offers products and services including Evolve Back Coorg Resort, Evolve Back Hampi Resort, Evolve Back Kabini Resort, and Hot Air Ballooning. Evolve Back operates in a competitive market with competitors including ELIVAAS, Four Seasons, Delta Corp, The Leela Palaces Hotels and Resorts and The Postcard Hotel, among others.
- Headquarter Bengaluru, India
- Employees 599 as on 31 Mar, 2023
- Founders Emmanuel Thomas Ramapuram
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Sectors
Travel & HospitalityConsumer
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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 Orange County Resorts & Hotels Limited
- Date of Incorporation 04 Jul, 2001
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$18.28 M (USD)17.71as on Mar 31, 2023
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Net Profit
$2.63 M (USD)4.7as on Mar 31, 2023
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EBITDA
$4.6 M (USD)6.87as on Mar 31, 2023
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Latest Funding Round
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Investors
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Employee Count
599
as on Mar 31, 2023
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Products & Services of Evolve Back
Evolve Back offers a comprehensive portfolio of products and services, including Evolve Back Coorg Resort, Evolve Back Hampi Resort, Evolve Back Kabini Resort, and Hot Air Ballooning. 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.
Luxury stay in a coffee plantation with cultural and nature activities.
Historical resort with stone-paved areas and adventure experiences.
Wildlife-focused resort near the Kabini River for panoramic views.
Balloon experience over Hampi for aerial landscape exploration.
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Funding Insights of Evolve Back
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Investments & Acquisitions by Evolve Back
| 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 - Evolve Back
| 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 |
Evolve Back Comparisons
Competitors of Evolve Back
Evolve Back 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 ELIVAAS, Four Seasons, Delta Corp, The Leela Palaces Hotels and Resorts and The Postcard Hotel, 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 |
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| domain | founded_year | HQ Location |
Luxury vacation homes are provided via an online rental marketplace.
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| domain | founded_year | HQ Location |
Upscale hotels, resorts, and residential properties are operated globally.
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| domain | founded_year | HQ Location |
Gaming & hospitality firm
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| domain | founded_year | HQ Location |
5-star luxury hotels in India are owned and operated.
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| domain | founded_year | HQ Location |
Luxury hotels and spas are owned and operated.
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| domain | founded_year | HQ Location |
Indian restaurants and a food magazine are operated.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Evolve Back
Frequently Asked Questions about Evolve Back
When was Evolve Back founded?
Evolve Back was founded in 1993.
Where is Evolve Back located?
Evolve Back is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
How many employees does Evolve Back have?
As of Mar 31, 2023, the latest employee count at Evolve Back is 599.
What is the annual revenue of Evolve Back?
Annual revenue of Evolve Back is $18.28M as on Mar 31, 2023.
What does Evolve Back do?
Evolve Back operates a chain of luxury resorts in locations such as Coorg, Hampi, and Kabini in India, and Kalahari in Botswana. They focus on blending local culture, nature, and activities like hot air ballooning for guests. The company emphasizes direct bookings, sustainability initiatives, and exclusive offers, drawing visitors into indigenous environments without unnecessary disruption.
Who are the top competitors of Evolve Back?
Evolve Back's top competitors include ELIVAAS, Four Seasons and The Leela Palaces Hotels and Resorts.
What products or services does Evolve Back offer?
Evolve Back offers Evolve Back Coorg Resort, Evolve Back Hampi Resort, Evolve Back Kabini Resort, and Hot Air Ballooning.