Evolvence

Dubai, United Arab Emirates Founded: 2001 • Age: 25 yrs
Holding company focused on asset management, education and retail

About Evolvence

Evolvence is a company based in Dubai (United Arab Emirates) founded in 2001 by Khaled Almheiri. Evolvence has raised $30 million across 1 funding round from investors including Gulf Capital. Evolvence offers products and services including Asset Management and Education Services.

  • Headquarter Dubai, United Arab Emirates
  • Founders Khaled Almheiri
  • Email
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  • Phone
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  • Website evolvence.com
  • Social LinkedIn
  • Legal Name Evolvence India Financial Services Private Limited
  • Date of Incorporation 05 Jun, 2009
  • Jurisdiction Mumbai, Maharashtra, India
Key Metrics
  • Total Equity Funding
    $30M (USD)

    in 1 rounds

  • Latest Funding Round
    $30M (USD), Private Equity Round

    Jul 2014

  • Investors

Products & Services of Evolvence

Evolvence offers a comprehensive portfolio of products and services, including Asset Management and Education Services.

Asset Management
Financial Services

Asset management services are provided in emerging markets.

Education Services
Educational Services

Education services are offered in various regions.

Funding Insights of Evolvence

Evolvence has successfully raised a total of $30M through 1 strategic funding round. The most recent funding activity was a Private Equity Round of $30 million completed in July 2014. 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 $30M
  • Total Rounds 1
  • Last Round Private Equity Round β€” $30M
  • First Round $30M

    (Jul 2014)

  • Investors Count 1

All 1 funding rounds of Evolvence with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jul 2014$30MPrivate Equity Round–Gulf Capital
–
Valuation history

1 investors in total: 1 institutional.

Investors in Evolvence

Evolvence has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Gulf Capital.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Alternative investment firm providing services in Private Equity, Private Debt, and Real Estate across Growth Markets.
–gulfcapital.com-
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Investor details for Evolvence

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 Evolvence India Financial Services Private Limited (Evolvence)

Evolvence India Financial Services Private Limited is the primary company behind Evolvence. The board of Evolvence India Financial Services Private Limited currently have 2 directors; the longest-serving is Claude Evelyne Therese Vuillieme, appointed in 2009.

DirectorDesignationAppointedTenureEntity
Claude Evelyne Therese Vuillieme
DIN 02554843
Director05 Jun 200917 yrs 4 moEvolvence India Financial Services Private Limited
Per Nils Christian Haugestad
DIN 02458686
Director05 Jun 200917 yrs 4 moEvolvence India Financial Services Private Limited

People of Evolvence

2 people are tracked at Evolvence (2 in leadership).

NameRoleGroup
Khaled Almheiri
Founder & CEOLeadership
Ajit Kumar
Managing DirectorLeadership
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Complete people profiles for Evolvence

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.

Timeline of Evolvence

2 dated milestones of Evolvence across 13 years, from founding to its latest funding, stage changes and deals.

  1. Founded Evolvence is founded.
  2. Funding First funding round of $30.0M.

Latest news on Evolvence

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Complete news archive for Evolvence

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

Verified entity values are shown only after access is granted.

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Frequently Asked Questions about Evolvence

Evolvence was founded in 2001 and raised its 1st funding round 13 years after it was founded.

Evolvence is headquartered in Dubai, United Arab Emirates. It is registered at Dubai, Dubai, United Arab Emirates.

Khaled Almheiri is the current CEO of Evolvence. They have also founded this company.

Evolvence is a funded company, having raised a total of $30M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $30M, raised on Jul 2014.

Evolvence was founded in 2001 and is headquartered in Dubai, United Arab Emirates. As a holding company, operations are conducted across asset management, education, and retail sectors. Investments and oversight are provided through subsidiaries in these areas, with a focus on regional and international opportunities. Leadership is held by Founder and CEO Khaled Almheiri, alongside Managing Director Ajit Kumar, ensuring strategic direction in diversified holdings.

Evolvence offers Asset Management and Education Services.

Evolvence has 1 investor. Key investors include Gulf Capital.

Evolvence operates through Evolvence India Financial Services Private Limited.

The legal entities of Evolvence currently have 2 directors, including Claude Evelyne Therese Vuillieme, Per Nils Christian Haugestad.

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