EV Social Commerce Startup EVINDIA Raises Pre-Seed Round from EvolveX Accelerator
Summary
EvolveX accelerator, a startup accelerator spearheaded by a global community of successful founders & strategic angels, We Founder Circle (WFC), has announced its recent undisclosed investment in a Pre-Seed round of EVINDIA, an influencer-driven social commerce platform for EV two-wheeler buyers.EVINDIA emerged as a prominent startup from EvolveXs Cohort 2 launched in September 2022. The investment was led by EvolveX Accelerator, with prominent investors including Neeraj Tyagi, Gaurav VK Singhvi, and Vikas Aggarwal, who demonstrated their unwavering faith in EVINDIAs innovative concept. As the startup enters its next phase of development, it is actively seeking funding in their current bridge round with a target of raising INR 1.25 Crore. The raised funds will be strategically allocated towards product development, business expansion, supporting the community, and building 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 seasoned professional with over a decade of experience in high-growth, VC-backed startups and building communities at a national scale.