VC Fund Investments

Evenflow raises seed funding from Village Global, Venture Catalysts, 9Unicorns

Business Line  

Mumbai-based e-commerce rollup firm Evenflow Brands has raised a pre-Series A funding round from Village Global, Venture Catalysts and 9Unicorns. Other investors including Emil Michael (ex-Chief Business Officer at Uber), Anand Chandrasekaran (ex-Facebook, Snapdeal), Vijay Shekhar Sharma (Founder & CEO, Paytm), Kunal Shah (Founder & CEO, CRED), MaGEHold (SG/HK Based Angel Investment Group), Moving Capital (aka Uber Alumni Investment Club), MyAsiaVC and Luminaire Capital also participated in the round. Founded by former Uber executives Utsav Agarwal and Pulkit Chhabra in May 2021, Evenflow is a third-party e-commerce marketplace aggregator, similar to US-based Thrasio that acquires third-party brands that sell on Amazon and helps build on their growth. It will use the fresh funds to expand its team, make more acquisitions, and enhance its tech and operations.

From the Venture Intelligence PE-VC Deal Database: In Jun-21, Evenflow raised funding from Equanimity Investments.

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