Evolve Snacks - About the company
Evolve Snacks is a seed company based in Delhi (India), founded in 2015 by Angad Sehgal. It operates as an Online retailer of healthy snacks, hampers, and gift vouchers. Evolve Snacks has raised $574K in funding from 50k Ventures and ITI Growth Opportunities, with a current valuation of ₹*****. The company has 94 active competitors, including 21 funded and 5 that have exited. Its top competitors include companies like Yoga Bar, Open Secret and True Elements.
Company Details
Online retailer of healthy snacks, hampers, and gift vouchers. It provides various snack options, including chips, munchies, and other items catering to different dietary preferences. The retailer offers snacks suitable for weight loss, kids, and those seeking high protein or energy-boosting options. It also provides gift vouchers and bulk ordering options.
- Website
- evolvesnacks.com
- Social
- Email ID
- *****@evolvesnacks.com
- Registered Address
- PROPERTY NO. 55, 3RD FLOOR, SAIDULAJAB, NEAR WESTEND MARG., Gadaipur, South West Delhi, New Delhi, Delhi, India, 110030
Key Metrics
Founded Year
2015
Location
Delhi, India
Stage
Seed
Total Funding
$574K in 3 rounds
Latest Funding Round
Post Money Valuation
₹***** as on Aug 13, 2020
Investors
Ranked
24th among 94 active competitors
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2026
Employee Count
8 as on Sep 30, 2026
Legal entities associated with Evolve Snacks
Evolve Snacks is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
EVOLVE SNACKS PRIVATE LIMITED CIN: U55209DL2017PTC317519 , India, Active | May 16, 2017 | 0 - ₹10 Cr (As on Mar 31, 2026) | - |
Sign up to download Evolve Snacks' company profile
Evolve Snacks's funding and investors
Evolve Snacks has raised a total funding of $574K over 3 rounds. Its first funding round was on Aug 10, 2017. Its latest funding round was a Seed round on Feb 12, 2019 for $*****. 3 investors participated in its latest round. Evolve Snacks has 4 institutional investors and 17 angel investors.
Here is the list of recent funding rounds of Evolve Snacks:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 12, 2019 | 4744397 | Seed | 6340141 | 6836206 | 5644053 | 3747198 |
Nov 09, 2017 | 6605773 | Seed | 2019175 | 6283518 | 5397092 | 6373971 |
Aug 10, 2017 | 8497891 | Seed | 8787070 | 1034867 |
Access funding benchmarks and valuations. Sign up today!View details of Evolve Snacks's funding rounds and investors
Evolve Snacks' founders and board of directors
Founder? Claim ProfileThe founders of Evolve Snacks is Angad Sehgal.
Here are the details of Evolve Snacks' key team members:
- Angad Sehgal: Founder of Evolve Snacks. They serve on the board of 1 company.Contact Info: 1 email address and 1 phone number
Evolve Snacks' Board of Directors
Evolve Snacks's board has 3 active members. Sanjay Enishetty, Angad Sehgal and Devina Sehgal are part of team.Here is the list of Evolve Snacks' board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 9y 1m | |
Investor | - | Current | 9y 0m | |
Investor | - | Current | 9y 1m |
View details of Evolve Snacks's Founder profiles and Board Members
Evolve Snacks' employee count trend
Evolve Snacks has 8 employees as of Sep 26. Here is Evolve Snacks's employee count trend over the years:
Uncover Evolve Snacks' growth story! Sign up today!
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
Evolve Snacks's Competitors and alternates
Top competitors of Evolve Snacks include Yoga Bar, Open Secret and True Elements. Here is the list of Top 10 competitors of Evolve Snacks, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Platform offering protein based food products | $23.6M | 71/100 | ||
2nd | Open Secret 2019, Mumbai (India), Series B | Retailer of healthy snacks and food products | $14.2M | 62/100 | |
3rd |  True Elements 2010, Pune (India), Acquired | Online retailer of breakfast foods, snacks, seeds, and dryfruits | $3.38M | 58/100 | |
4th |  Tagz Foods 2019, Bengaluru (India), Acquired | Internet-first brand offering chips and other convenience food products | $3.09M | 53/100 | |
5th | Internet first brand of healthiest snacks | $1.03M | 51/100 | ||
6th | EAT Anytime 2016, Mumbai (India), Seed | Manufacturer of millet bars protein snacks nuts and dried fruits | $1.07M | 51/100 | |
7th |  Eat Better 2020, Jaipur (India), Seed | Internet first brand offering multi category healthy products | $3.21M | 51/100 | |
8th | SnackExperts 2015, Chennai (India), Seed | Provider of online and offline delivery solutions for gourmet and healthy snack options in urban areas | $236K | 43/100 | |
9th | Online offering healthy, and baked snack foods | $4.01M | 42/100 | ||
10th | Manufacturer of superfood snacks including seeds and millet products | $907K | - | 42/100 | |
24th | Evolve Snacks 2015, Delhi (India), Seed | Online retailer of healthy snacks, hampers, and gift vouchers | $574K | 34/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on Evolve Snacks's competitors? Click here to see the top ones
Financials of Evolve SnacksFY 26 Available
EVOLVE SNACKS PRIVATE LIMITED, the legal entity associated with Evolve Snacks, generated less than ₹10 Cr in revenue for the financial year ending on Mar 31, 2026. The revenue of EVOLVE SNACKS PRIVATE LIMITED has a compounded annual growth rate (CAGR) of 13% in the last 1 year.
Financial Statement Summary
Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
Income Statement | |||||
Revenue | 5289 | 6948 | 6691 | 6714 | 6687 |
Total Sales | 2751 | 7447 | 2953 | 4477 | 9526 |
Total Expenses | 8337 | 9156 | 9902 | 8135 | 6242 |
Operating Expenses | 2952 | 7248 | 8735 | 3335 | 9919 |
Employee Expenses | 5507 | 9788 | 1578 | 8806 | 4848 |
Operating Income (EBIT) | 7708 | 1968 | 6013 | 8573 | 2064 |
Interest Expenses | 3173 | 3508 | 9276 | 6893 | 4837 |
Expenses from other activities | 9472 | 4727 | 4332 | 6463 | 8679 |
EBITDA | 3302 | 5941 | 7971 | 2057 | 3171 |
Taxes | 1583 | 3545 | 8912 | 8828 | 4859 |
Net Profit | 6296 | 9993 | 2534 | 2046 | 9482 |
Balance Sheet | |||||
Assets | 3136 | 3452 | 7400 | 2953 | 4624 |
Accounts Receivables | 4352 | 7615 | 7777 | 6858 | 8162 |
Inventory | 7177 | 1982 | 8657 | 5957 | 7645 |
Liabilities | 2122 | 6649 | 3276 | 7427 | 8258 |
Total Debt | 8073 | 2119 | 5710 | 5384 | 9569 |
Accounts Payable | 5983 | 2430 | 5239 | 8445 | 3861 |
Equities | 4732 | 9653 | 6105 | 3482 | 4681 |
Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)
Evolve Snacks's Investments and acquisitions
Evolve Snacks has made no investments or acquisitions yet.
Reports related to Evolve Snacks
Here is the latest report on Evolve Snacks's sector:
News related to Evolve Snacks
•
Evolve Snacks Takes Next Leap in Snack Innovation in collaboration with Gruhas GustoVCCircle•May 10, 2024•Gruhasgusto, Evolve Snacks
•
Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Are you a Founder ?
FAQs about Evolve Snacks
Explore our recently published companies
- Shop Wafi - Jeddah based, 2015 founded, Deadpooled company
- Bixabotanical - Mumbai based, 2015 founded, Unfunded company
- Benhurconstruction - Unfunded company
- Saalfo Tech - Mysuru based, 2016 founded, Unfunded company
- Tolia - Thane based, 1979 founded, Unfunded company
- Uvtcpl - Mumbai based, 2023 founded, Unfunded company
