Evenflow, a Mumbai-based startup, has raised an undisclosed amount of funding in an ongoing Series A round, totaling $5 million, from Venture Catalysts, Sunder Ramachandran, and a few angels.
The funds will be used to grow and improve the bottom line of Evenflow's multi-brand portfolio, which includes Xtrim, Yogarise, Rusabl, BabyPro, Trendy Homes, Cinagro, and Frenchware.
The company focuses on quick commerce and marketplace distribution, which has led to 350% growth in recent months.
Evenflow aims to increase its revenue by 10x and profits by six-fold by 2027.