Evolvence India

Founded in 2005, Evolvence India is a fund of funds manager based in Mumbai, India. The firm provides investments in alternative markets for international investors.

Sagar Agarwal

Director, Evolvence India Fund

Rohit Batra

Partner

Abhishek Chandra

Principal

Utsav Goswami

Principal

Nawaz Naviwala

Investment Associate

Anil Talreja

Director of Finance

36 past transactions

RenewBuy

Series C in 2021
Simplest way to renew your car insurance. Get quote and insure your car in couple of minutes - no pesky calls/ salesmen...And avail best deals too..

homelane

Series E in 2021
HomeLane is India’s leading end to end, vertically integrated interior design and manufacturing provider. With more than 1000 projects delivered across the country, they come with huge experience in helping customers build their dream home. HomeLane offers personalized design service to all their customers at no extra cost where their experienced panel of interior designers work with you to customize designs for your house.

Money view

Series D in 2022
Money View is an application that is able to track and organize expenses, bills, and account balances. It is able to derive finance information from SMSs. Money View enables its users to set and follow budgets, view their bank account balance, obtain reminders about bills, and spit bills with the other users. It also facilitates Savings+ and TaxSaver+ that allows its users to save money. Money View was founded in April 2014 by Sanjay Aggarwal. It is based in Bangalore, Karnataka.

AgroStar

Series D in 2021
AgroStar is India’s foremost AgTech start-up working on the mission of #HelpingFarmersWin by providing a complete range of agri solutions at the fingertips of farmers. AgroStar’s tech platform provides a combination of agronomy advice coupled with service and agri input products that enable farmers to significantly improve their productivity and income. We use an extensive amount of data, technology and agronomy knowledge to give the right solutions (advice+products) to Indian farmers. AgroStar currently operates in the states of Gujarat, Maharashtra, and Rajasthan and has over 5 Lakh farmers on its digital platform. Farmers in these states can avail agri solutions for their entire crop life-cycle with a simple “missed call” or through its Android app, which is amongst the highest rated farming focused apps in the country. Over the next 5 years, we plan to continue to provide incremental value to farmers in terms of wide range of inputs delivered at their doorsteps, world-class agronomy guidance and also access to market linkages and credit.

FAASOS

Series C in 2018
Rebel Foods Services is a food delivery platform disrupting how people order and get food delivered on mobile. Every day, they serve around 10,000 customers who order through their mobile app and this number is growing significantly every month.

Veritas Finance

Secondary Market in 2021
Veritas Finance Private Limited, a non-banking finance company, provides financial services for micro, small, and medium enterprises (MSME) primarily in the rural and semi-urban areas in India. It offers MSME, working capital, and construction loans, as well as loans for business expansion, purchase of assets, construction of houses, etc. The company was founded in 2015 and is based in Chennai, India.

FAASOS

Series D in 2019
Rebel Foods Services is a food delivery platform disrupting how people order and get food delivered on mobile. Every day, they serve around 10,000 customers who order through their mobile app and this number is growing significantly every month.

homelane

Series D in 2019
HomeLane is India’s leading end to end, vertically integrated interior design and manufacturing provider. With more than 1000 projects delivered across the country, they come with huge experience in helping customers build their dream home. HomeLane offers personalized design service to all their customers at no extra cost where their experienced panel of interior designers work with you to customize designs for your house.

Captain Fresh

Series C in 2023
Captain Fresh is a freshwater fish and seafood supply chain platform. Captain Fresh is a B2B marketplace leveraging technology to deliver the fastest harvest-to-retail in the industry.

Money view

Series E in 2022
Money View is an application that is able to track and organize expenses, bills, and account balances. It is able to derive finance information from SMSs. Money View enables its users to set and follow budgets, view their bank account balance, obtain reminders about bills, and spit bills with the other users. It also facilitates Savings+ and TaxSaver+ that allows its users to save money. Money View was founded in April 2014 by Sanjay Aggarwal. It is based in Bangalore, Karnataka.

Suryoday Small Finance Bank

Venture Round in 2019
Suryoday Micro Finance is a registered non-banking finance company that provides loans to women from economically weaker sections and unable to access traditional banking services. It offers products and value-added services to the economically challenged people by helping them generate higher incomes, build an asset base, and achieve a sustainably better standard of living. The company’s objective is to reduce poverty in its area of operation.

FAASOS

Series F in 2021
Rebel Foods Services is a food delivery platform disrupting how people order and get food delivered on mobile. Every day, they serve around 10,000 customers who order through their mobile app and this number is growing significantly every month.

Captain Fresh

Series C in 2022
Captain Fresh is a freshwater fish and seafood supply chain platform. Captain Fresh is a B2B marketplace leveraging technology to deliver the fastest harvest-to-retail in the industry.

FAASOS

Series F in 2021
Rebel Foods Services is a food delivery platform disrupting how people order and get food delivered on mobile. Every day, they serve around 10,000 customers who order through their mobile app and this number is growing significantly every month.

Veritas Finance

Series F in 2021
Veritas Finance Private Limited, a non-banking finance company, provides financial services for micro, small, and medium enterprises (MSME) primarily in the rural and semi-urban areas in India. It offers MSME, working capital, and construction loans, as well as loans for business expansion, purchase of assets, construction of houses, etc. The company was founded in 2015 and is based in Chennai, India.

Genworks

Venture Round in 2022
GENWORKS is a healthcare initiative for delivering quality healthcare in India through enhanced awareness and affordable technology.

ANSR

Series B in 2021
ANSR Consulting is providing end to end services for companies, setting up captive service centers.

Infra.Market

Series B in 2020
Hella Infra Market develops an online procurement marketplace intended to serve the real estate and construction materials industry. Its centralized platform aggregates clients' demands, matching them with its supply chain along with affordable credit options and efficient delivery tracking facility, providing clients with fair pricing and enhanced technology experience.

Infra.Market

Series B in 2020
Hella Infra Market develops an online procurement marketplace intended to serve the real estate and construction materials industry. Its centralized platform aggregates clients' demands, matching them with its supply chain along with affordable credit options and efficient delivery tracking facility, providing clients with fair pricing and enhanced technology experience.
Dr. Mohan's Diabetes Specialities Centre owns and operates diabetic hospitals in Tamil Nadu, Delhi, Andhra Pradesh, Telangana, Pondicherry, and Karnataka, India. It offers services in the areas of complete diabetes care, diabetic dental care, diabetic eye care, diabetic foot care, diabetes obesity care, and diabetes preventive care. Dr. Mohan's Diabetes Specialities Centre was founded in 1991 and is based in Chennai, India.

Infra.Market

Series C in 2021
Hella Infra Market develops an online procurement marketplace intended to serve the real estate and construction materials industry. Its centralized platform aggregates clients' demands, matching them with its supply chain along with affordable credit options and efficient delivery tracking facility, providing clients with fair pricing and enhanced technology experience.

Suryoday Small Finance Bank

Venture Round in 2017
Suryoday Micro Finance is a registered non-banking finance company that provides loans to women from economically weaker sections and unable to access traditional banking services. It offers products and value-added services to the economically challenged people by helping them generate higher incomes, build an asset base, and achieve a sustainably better standard of living. The company’s objective is to reduce poverty in its area of operation.

Suryoday Small Finance Bank

Venture Round in 2016
Suryoday Micro Finance is a registered non-banking finance company that provides loans to women from economically weaker sections and unable to access traditional banking services. It offers products and value-added services to the economically challenged people by helping them generate higher incomes, build an asset base, and achieve a sustainably better standard of living. The company’s objective is to reduce poverty in its area of operation.

Dunzo

Series E in 2021
Dunzo Digital Private Limited operates a daily tasks management app dunzo. Its services include groceries and essentials, fruits and vegetables, send packages, meat and fish, food delivery, medicines, pet supplies, health and wellness, bike pool, and gifts and lifestyle delivery services. The company provide its services in Bangalore, Pune, Gurgaon, Hyderabad, New Delhi, Chennai, Jaipur, and Mumbai. Dunzo Digital Private Limited was incorporated in 2014 and is based in Bengaluru, India.

FAASOS

Series D in 2019
Rebel Foods Services is a food delivery platform disrupting how people order and get food delivered on mobile. Every day, they serve around 10,000 customers who order through their mobile app and this number is growing significantly every month.

Capillary Technologies

Secondary Market in 2024
Capillary’s technology solutions help businesses get ahead of the digital evolution and stay ‘Always Consumer Ready’. The experience platform integrates Artificial Intelligence and Machine Learning to make it easy for brands to get deep understanding and insights into their consumers, engage consumers through personalized 1:1 communication, provide easy and connected cross-channel commerce experiences and build loyalty to reward and retain their best consumers. Over 300 marquee brands across 30+ countries, including Pizza Hut, VF Brands, Walmart, Al-Futtaim, KFC, Starbucks, Madura Garments, Courts and Samsung, trust Capillary to enable easy and seamless consumer experiences. With over 300 million consumers and 25,000 stores on the platform, Capillary is Asia’s leading SaaS product company. Over 700 Capillary associates across 11 global offices are continually innovating to find new ways for brands to make their consumers’ lives easier, and experiences memorable. Founded in 2008, Capillary is backed by Warburg Pincus, Sequoia Capital, Norwest Venture Partners, Qualcomm Ventures, and American Express Ventures. Explore more at https://www.capillarytech.com/

Renee Cosmetics

Series B in 2022
Renee Cosmetics is an Indian makeup brand that’s redefining beauty with its range of high quality, 100% cruelty-free, innovative range of products. Renee believes in empowering women to own and enjoy their bold, ambitious persona and let their glam do the talking. Founded by Aashka Goradia, the famed actress and her brand both believe that the art of cosmetics is a true liberator and a beautiful form of expressing oneself in hues, tones and shades.

Renee Cosmetics

Series B in 2024
Renee Cosmetics is an Indian makeup brand that’s redefining beauty with its range of high quality, 100% cruelty-free, innovative range of products. Renee believes in empowering women to own and enjoy their bold, ambitious persona and let their glam do the talking. Founded by Aashka Goradia, the famed actress and her brand both believe that the art of cosmetics is a true liberator and a beautiful form of expressing oneself in hues, tones and shades.