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Ecommerce startup Evenflow raises USD 5 mln

Thursday 5 May 2022 11:29 CET | News

India-based ecommerce rollup Evenflow Brands received USD 5 million in a new funding round led by Village Global, with the participation of various angel investors and companies, including Venture Catalysts and 9Unicorns.

The startup partners with digital-first brands that sell on ecommerce marketplaces like Flipkart and Amazon and helps to scale them profitably. 

The company acquired seven brands and launched two private labels in 2021 and is committed to scaling them and grow them into everyday brands. 

Evenflow will use the raised funds to expand its team size, acquisition, and boost its tech and operations. It aims to scale up over 100 digital-first brands through operational intelligence across the value chain, including providing guidance in terms of marketing, branding, supply chain, sourcing, and others. 


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Keywords: ecommerce, ecommerce platform, digitalisation, online platform, online shopping, shopping
Categories: Payments & Commerce
Companies: Amazon, Evenflow Brands, Flipkart
Countries: India
This article is part of category

Payments & Commerce

Amazon

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Evenflow Brands

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Flipkart

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