Angel Investments
Evenflow raises Series A funding from Venture Catalysts, others
Evenflow , a Bangalore-based aggregator of brands, has raised funding from Venture Catalysts, Sunder Ramachandran and a few other angel investors as part of its ongoing Series A round totaling USD 5 million.Founded in 2021 by former Uber executives Utsav Agarwal and Pulkit Chhabra, Evenflow acquires and scales third-party sellers on ecommerce marketplaces. The new funds will be used to grow and further improve the bottom line across its multi-brand portfolio including Xtrim, Yogarise, Rusabl, BabyPro, Trendy Homes, Cinagro, and Frenchware.At present, the brands are present in India, US and MENA region, and they claim to have experienced a 350% growth by focusing on distribution across marketplaces and quick commerce - Amazon, Flipkart, CRED, Myntra, Blinkit, Instamart, Zepto, Walmart and others.
Between Jun 2021 and Oct 2024, Evenflow had attracted about USD 12 M from Kwaish Ventures, Village Global, Equanimity Investments, Qi Ventures.
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