EVINDIA, an EV Social Commerce Startup, Secures Undisclosed Amount in Pre-Seed Round Led by EvolveX Accelerator
Summary
EVINDIA is an influencer-driven social commerce platform catering to EV two-wheeler buyers.EVINDIA garnered prominence as part of EvolveXs Cohort 2, launched in September 2022. The Pre-Seed round received strong support from EvolveX Accelerator, as well as notable investors like Neeraj Tyagi, Gaurav VK Singhvi, and Vikas Aggarwal, who displayed their unwavering faith in EVINDIAs innovative concept. As the startup ventures into its next phase of development, it is actively seeking funding in their ongoing bridge round with a target of raising INR 1.25 Crore. The funds raised from this round will be strategically allocated towards various key areas, such as product development, business expansion, supporting the community, and fostering a creator economy.Commenting on the investment, Bhawna Bhatnagar, Co-Founder of EvolveX, expressed her affirmation, stating, EV is an emerging sector in India with 2-wheeler driving bigger pie in it. At EvolveX, we firmly believe in their potential to make a significant impact in this space.Tarpan Vyas is a highly experienced professional with a track record of over a decade in high-growth, venture capital-backed startups, and successfully building communities on a national level.