CosmicTaco

Evenflow Secures Bridge Funding, Plans IPO by 2027

CosmicTaco · 2024-10-15T14:53:51.284186+05:30

- E-commerce platform **Evenflow** has raised a bridge round from Shail Patel and existing investors. - The funds will be used to expand operations and grow its seven acquired brands. - Evenflow has seen a **350% growth** on marketplaces like Amazon, Flipkart, and others. - The company plans to increase revenue by **10X** and profits six-fold by 2027. - Despite challenges, the firm aims to prepare for an **IPO by the end of 2027**. Source: [Inc42](https://entrackr.com/2024/10/evenflow-raises-bridge-round-eyes-public-listing-by-2027/)

E-commerce platform Evenflow has raised a bridge round from Shail Patel and existing investors.
The funds will be used to expand operations and grow its seven acquired brands.
Evenflow has seen a 350% growth on marketplaces like Amazon, Flipkart, and others.
The company plans to increase revenue by 10X and profits six-fold by 2027.
Despite challenges, the firm aims to prepare for an IPO by the end of 2027.

Source: Inc42