EV Social Commerce Startup EVINDIA raises undisclosed amount in Pre-Seed Round from EvolveX Accelerator

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 EvolveX’s 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 EVINDIA’s innovative concept. The successful pre-seed funding round laid a solid foundation for EVINDIA’s growth, allowing them to further enhance their offerings and expand their operations.  Ahmedabad-based EVINDIA is currently collaborating with renowned brands and their dealers, including OLA Electric, Tork Motors, HOP Electric, and TVS. 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. Platform like EVINDIA