Evenflow

Evenflow

Platform specializing in acquiring and accelerating the growth of e-commerce businesses

Founded

2021

Headquarters

Mumbai (India)

Status

Series A

Company Details

Evenflow is a leading e-commerce roll-up platform specializing in acquiring and scaling online-first consumer brands. Evenflow integrates these brands into its portfolio, leveraging its expertise across the value chain-supply chain management, inventory, performance marketing, cataloging, on-platform merchandising, and new product development-to transform small sellers into scalable, profitable consumer brands. 

Business Model & Revenue Streams

  • Direct Product Sales: The primary revenue source is the direct sale of products from the acquired brands across major online marketplaces (Amazon, Flipkart, etc.) and D2C platforms.

  • Marketplace Commissions: Revenue is also generated through commissions and incentives from marketplace platforms based on sales performance.

  • Quick Commerce: Leveraging rapid delivery platforms like Zepto, Blinkit, and Instamart to boost sales volume and reach new customer segments.

  • International Expansion: Growing presence in the US and MENA regions, driving incremental revenue from new geographies.

  • Brand Integration: Streamlining operations, marketing, and supply chain across all acquired brands to unlock economies of scale and backend synergies, reducing unit costs and improving margins.

  • Portfolio Diversification: Expanding into high-growth categories (wellness, home, baby care, etc.) to reduce risk and capture emerging consumer trends.

  • Data-Driven Optimization: Using analytics to optimize pricing, promotions, and inventory management, maximizing profitability across channels.

Customer Segmentation

  • Primarily B2C, targeting end consumers via online marketplaces and D2C channels.

  • B2B relationships with marketplace platforms and logistics partners to enhance distribution and reach.

Unique Value Proposition

  • End-to-end operational support that accelerates brand growth post-acquisition.

  • Deep expertise in e-commerce, supply chain, and digital marketing.

  • Focus on backend synergies to drive profitability and reduce costs at scale.

  • Ability to quickly adapt to changing consumer behaviors, especially in quick commerce (10-minute delivery) and D2C channels.

Growth Strategy

  • Aggressive Brand Acquisition: Continuously scouting for high-potential e-commerce brands to add to the portfolio.

  • Operational Excellence: Investing in technology, supply chain, and talent to drive efficiency and scale.

  • Quick Commerce & D2C Focus: Capitalizing on the rapid growth of instant delivery and direct-to-consumer trends in India.

  • Global Expansion: Entering new international markets to diversify revenue streams and build global brands.

  • IPO Preparation: Building a strong, scalable business with robust profitability metrics to prepare for a public listing by 2027.

Key People

Utsav Agarwal

Pulkit Chhabra

Shashank Ranjan

Key Metrics

Total Equity Funding

$14.5 Million

No. of Funding Rounds

6

Latest Funding Round

$5 Million, Series A

as of April 1, 2025

Post Money Valuation

$28.1 Million

as of March 28, 2025

Funding Multiple

1.9

as of March 28, 2025

Investors

100Unicorns

and 2 more

Employee Count

30

Similar Companies

Graas

Exit Details

N/A

All Funding Rounds

DateRound NameAmountValuationRevenueRevenue Multiple
Investors
April 1, 2025Series A$5 Million--- Venture Catalysts
August 10, 2024 Series AUndisclosed---Angel List
June 23, 2023SeedUndisclosed---Sajid Rahman, Angel List
May 5, 2022Seed$5 Million--- MaGEHold, Venture Catalysts, Village Global, MyAsiaVc, AngelBay, Fintree Partners, VSS Investco, Karman, 100Unicorns
December 8, 2021Seed$506 K--- Village Global, Venture Catalysts, 100Unicorns, Luminaire Capital, MyAsiaVc, Equanimity Investments, MaGEHold, Kwaish Ventures, ZNL Growth, QED Innovation Labs, Telefunken-capital.com, VSS Investco, Angelbay Holdings, Fintree Partners, Daoura, Karman, Huddle Ventures, Daoura
June 4, 2021Seed$3.6 Million--- 100Unicorns, Equanimity Investments, Z Nation Lab, Village Global, QED Innovation Labs, VSS Investco, Kwaish Ventures, MaGEHold, Daoura, Karman

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