When was Evo Foods founded?

Evo Foods was founded in 2019 and raised its 1st funding round 1 year after it was founded.

Where is Evo Foods located?

Evo Foods is headquartered in Mumbai, India. It is registered at 3 Floor,E-Wing,Tex Centre,26A,Chandivali Farm Road Off Saki Vihar Road, Andheri (E), Mumbai City, Mumbai, Maharashtra, India, 400072.

Who is the current CEO of Evo Foods?

Kartik Dixit of Evo Foods. They have also founded 1 company.

Which legal entities is Evo Foods associated with?

Evo Foods is associated with EVO FOODTECH PRIVATE LIMITED.

How many employees does Evo Foods have?

As of Aug 31, 2026, the latest employee count at Evo Foods is 4.

Is Evo Foods a funded company?

Evo Foods is a funded company, having raised a total of $845K across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on May 16, 2020.

When was the latest funding round of Evo Foods?

Evo Foods' latest funding was a $***** Seed round on Apr 19, 2021, with participation from 8 investors.

What is the annual revenue of Evo Foods?

Annual revenue of Evo Foods is less than ₹10 Cr as on Mar 31, 2022

Where does Evo Foods rank among its competitors?

Evo Foods ranks 1st amongst 3 active competitors, only 1 of which is funded. Evo Foods, which secured $845K in Apr, 2021.

Evo Foods - 2026 Company Profile, Team, Funding, Competitors & Financials

Evo Foods is a seed company based in Mumbai (India), founded in 2019 by Shraddha Bhansali, Kartik Dixit and Stephanie Downs. It operates as a Provider of plant based substitutes for animal products. Evo Foods has raised $845K in funding from Big Idea Ventures and VegInvest. The company has 3 active competitors, including 1 that is funded. Its top competitors are Plantish and Plantegg.

Company Details

Provider of plant based substitutes for animal products. The liquid plant-based egg is made using moong beans and peas with patent-pending technology. It offers protein content, micronutrients including Vitamin B12, and more.

Website: evofoods.in
Registered Address: 3 Floor,E-Wing,Tex Centre,26A,Chandivali Farm Road Off Saki Vihar Road, Andheri (E), Mumbai City, Mumbai, Maharashtra, India, 400072

Key Metrics

Founded Year

2019

Location

Mumbai, India

Stage

Seed

Total Funding

$845K in 3 rounds

Latest Funding Round

Seed, Apr 19, 2021, $*****

Investors

Big Idea Ventures & 15 more

Ranked

1^st among 3 active competitors

Annual Revenue

0 - ₹10 Cr as on Mar 31, 2022

Employee Count

4 as on Aug 31, 2026

Similar Companies

JUST Egg & 26 more

View Evo Foods' full profile

Evo Foods is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
EVO FOODTECH PRIVATE LIMITED CIN: U72900MH2021PTC369594 , India, Active	Jan 18, 2021	0 - ₹10 Cr (As on Mar 31, 2022)	-

Evo Foods has raised a total funding of $845K over 3 rounds. Its first funding round was on May 16, 2020. Its latest funding round was a Seed round on Apr 19, 2021 for $*****. 8 investors participated in its latest round. Evo Foods has 10 institutional investors and 6 angel investors.

Here is the list of recent funding rounds of Evo Foods:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 19, 2021	6465775	Seed	8570229	7972190	9983507	4378146
Jun 15, 2020	8145127	Seed	4140145	3565362	1223468	Sandhya Sriram
May 16, 2020	7829774	Seed	7186437	8218525	Big Idea Ventures	5785701

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View details of Evo Foods's funding rounds and investors

The founders of Evo Foods are Shraddha Bhansali, Kartik Dixit and Stephanie Downs. Kartik Dixit is the CEO of Evo Foods.

Here are the details of Evo Foods' key team members:

Shraddha Bhansali: Co-Founder & COO of Evo Foods. They serve on the board of 1 company.
Kartik Dixit: Co-Founder & CEO of Evo Foods and founder of 1 other company. They serve on the board of 1 company.
Stephanie Downs: Owner of Evo Foods.
Contact Info: 1 email address

Evo Foods' Board of Directors

Evo Foods's board has 2 active members. Shraddha Bhansali and Kartik Dixit are part of team.

Here is the list of Evo Foods' board of directors:

Name	Type	Representing	Status	Duration
Shraddha Bhansali	Team	-	Current	6y 10m
Kartik Dixit	Team	-	Current	9y 2m
toehcel	Independent board member	-	Past	2y 1m

View details of Evo Foods's Founder profiles and Board Members

Evo Foods' employee count trend

Evo Foods has 4 employees as of Aug 26. Here is Evo Foods's employee count trend over the years:

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Top competitors of Evo Foods include Plantish and Plantegg. Here is the list of Top 10 competitors of Evo Foods, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Evo Foods 2019, Mumbai (India), Seed	Provider of plant based substitutes for animal products	$845K	Seven Hound Ventures, VegInvest & 14 others	40/100
2nd	Plantish 2020, Sonipat (India), Funding Raised	Internet-first brand offering plant-based food products	-	SINE, BIRAC & 1 others	32/100
3rd	Plantegg 2021, Madurai (India), Funding Raised	Provider of plant-based protein alternative made from pulses and spices	-	BIRAC	15/100