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EvolveX accelerator, a startup accelerator spearheaded by a world neighborhood of profitable founders & strategic angels, We Founder Circle (WFC), has introduced its current undisclosed funding in a Pre-Seed spherical of EVINDIA, an influencer-driven social commerce platform for EV two-wheeler consumers.
EVINDIA emerged as a distinguished startup from EvolveX’s Cohort 2 launched in September 2022. The funding was led by EvolveX Accelerator, with distinguished buyers together with Neeraj Tyagi, Gaurav VK Singhvi, and Vikas Aggarwal, who demonstrated their unwavering religion in EVINDIA’s modern idea. The profitable pre-seed funding spherical laid a strong basis for EVINDIA’s progress, permitting them to additional improve their choices and broaden their operations.
Ahmedabad-based EVINDIA is at the moment collaborating with famend manufacturers and their sellers, together with OLA Electrical, Tork Motors, HOP Electrical, and TVS. Because the startup enters its subsequent section of improvement, it’s actively looking for funding of their present bridge spherical with a goal of elevating INR 1.25 Crore. The raised funds can be strategically allotted in direction of product improvement, enterprise growth, supporting the neighborhood, and constructing a creator financial system.
Commenting on the funding, Bhawna Bhatnagar, Co-Founding father of EvolveX, expressed her affirmation, stating, “EV is an rising sector in India with 2-wheeler driving greater pie in it. Platform like EVINDIA bringing lot of innovation for the buyer to make their agency resolution of shopping for their first 2-Wheeler. Tarpan Vyas and his staff have demonstrated distinctive imaginative and prescient and experience in making a platform that simplifies and enhances the EV possession expertise. At EvolveX, we firmly imagine of their potential to make a big impression on this house”.
Tarpan Vyas is a seasoned skilled with over a decade of expertise in high-growth, VC-backed startups and constructing communities at a nationwide scale. Vyas envisions remodeling how Indians select, personal, and expertise electrical automobiles by EVINDIA’s platform. The platform is devoted to offering an uncompromised EV possession expertise to its neighborhood of EV homeowners.
On the fundraise, Tarpan Vyas, Founder and CEO of EVINDIA affirmed “We’re deeply gratified by the unwavering belief proven by one among India’s distinguished buyers through the concept phases of our journey. Being alongside their esteemed portfolio of EV startups is really inspiring, and their unwavering help over the previous 12 months has been pivotal in our transformative 0 to 1 journey. As we embark on the subsequent section of EVINDIA, we eagerly depend on their continued steerage and backing.”
EvolveX Accelerator’s funding in EVINDIA underscores its dedication to fostering modern startups and driving the expansion of the Indian startup ecosystem. With their help, EVINDIA is poised to disrupt the electrical car market and speed up the adoption of sustainable transportation options in India.
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