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Evolv28 - About the company

Evolv28 is an unfunded company based in Hyderabad (India), founded in 2023 by Sankalp Shah and Venkata Shyam Sunder Pasumarthi. It operates as a Provider of a wearable device to promote mindfulness and mental wellbeing. Evolv28 has not raised any funding yet. The company has 16 active competitors, including 1 that is funded. Its top competitors include companies like MyLumi, AWEAR and Musethebrainsensingheadband.

Company Details

Provider of a wearable device to promote mindfulness and mental wellbeing. The device utilizes feather-light, low-frequency magnetic pulses to re-calibrate the brain's natural waves that are out of sync, aiming to improve various aspects of daily life such as stress, fatigue, distraction, sleep, anxiety, focus, and work fatigue.
Social
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Phone Number
+91 **********
Part Of
Registered Address
4th Floor, C/o T-Hub Foundation 1/C, 83/1, Raidurg Panmaktha Near Hitech City, Ranga Reddy, Cyberabad, Hyderabad, Shaikpet, Telangana, India, 500081
Key Metrics
Founded Year
2023
Location
Hyderabad, India
Stage
Unfunded
Ranked
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
7 as on Jul 31, 2025
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Evolv28's funding and investors

Evolv28 has not raised any funding rounds yet. Evolv28 has 1 institutional investor.

Evolv28's founders and board of directors

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The founders of Evolv28 are Sankalp Shah and Venkata Shyam Sunder Pasumarthi. Sankalp Shah is the CEO of Evolv28.
Here are the details of Evolv28's key team members:

Evolv28's employee count trend

Evolv28 has 7 employees as of Jul 25. The total employee count is 36.0% lower than what it was in Jul 24. Here is Evolv28's employee count trend over the years:
Employee count trend for Evolv28
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Evolv28's Competitors and alternates

Top competitors of Evolv28 include MyLumi, AWEAR and Musethebrainsensingheadband. Here is the list of Top 10 competitors of Evolv28, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for MyLumi
MyLumi
2023, Ancona (Italy), Unfunded
Platform offering wellness activity tracking bracelets
-
-
28/100
2nd
Logo for AWEAR
AWEAR
2023, San Francisco (United States), Unfunded
Developer of a wearable EEG device for real-time emotion monitoring
-
-
27/100
3rd
Logo for Evolv28
Evolv28
2023, Hyderabad (India), Unfunded
Provider of a wearable device to promote mindfulness and mental wellbeing
-
25/100
4th
Logo for Musethebrainsensingheadband
Musethebrainsensingheadband
2007, Toronto (Canada), Early Stage
Developer of brain training systems that use EEG technology and fNIRS
$17.2M
21/100
5th
Logo for Moksha
Moksha
2021, Dallas (United States), Unfunded
Developer of a gamified breathwork tool designed to reduce anxiety
-
-
20/100
6th
Logo for Glimp
Glimp
2021, Delft (Netherlands), Unfunded
Provider of a smart breathing coach with bio-sensor technology
-
-
19/100
7th
Developer of software providing personalized audio experiences for emotional regulation
$50K
-
18/100
8th
Logo for Vybble
Vybble
2025, Unfunded
Developer of wearable technology for stress management, sleep, and women's health
-
-
16/100
9th
Logo for Edenband
Edenband
2024, United States, Unfunded
Provider of a mindfulness wearable tracking device
-
-
16/100
10th
Developer of wearable microcurrent devices and individualized frequency programs for well-being
-
-
16/100
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Evolv28's Latest cap tables and shareholding

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  • Latest Shareholding Summary - Ownership breakdown across founders, investors, and other stakeholders
  • Round-by-Round Cap Tables - Evolution of shareholding across funding rounds
  • Year-on-Year Cap Tables - Dilution trends over time

Evolv28's Investments and acquisitions

Evolv28 has made no investments or acquisitions yet.

Reports related to Evolv28

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News related to Evolv28

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