Where is Evolve located?

Evolve is headquartered in Pune, India. It is registered at PLOT NO. 531, J- BLOCK, MIDC BHOSARI, Bhosari I.E., Pune, Pune City, Maharashtra, India, 411026.

Which legal entities is Evolve associated with?

Evolve is associated with EVOLVE IT SOLUTIONS PRIVATE LIMITED.

Is Evolve a funded company?

Evolve is a funded company, having raised a total of $***** in its 1st and only funding round.

What is the annual revenue of Evolve?

Annual revenue of Evolve is between ₹10 Cr and ₹50 Cr as on Mar 31, 2025

Where does Evolve rank among its competitors?

Evolve ranks 5th amongst 17 active competitors, of which 2 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was Viken Detection, which secured an undisclosed amount in Jul, 2026.

Who are the top competitors of Evolve?

Evolve's top competitors include Viken Detection, Detection Technology and VMI Security. Among them, Viken Detection secured the most recent funding round in July, 2026.

Evolve - 2026 Company Profile, Team, Competitors & Financials

Company Details

Manufacturer of X-ray scanning systems for security inspection. Its product portfolio includes single view, dual view, 3D isometric, and vehicle-mounted X-ray baggage scanners. It can detect explosives and narcotics, and generate loud alerts. It has applications in airports, railway stations, government facilities, banks, public places, and prisons.

Website: evolveitindia.com
Social
Email ID: *****@evolveitindia.com
Phone Number: +91 **********, +91 **********
Registered Address: PLOT NO. 531, J- BLOCK, MIDC BHOSARI, Bhosari I.E., Pune, Pune City, Maharashtra, India, 411026

Key Metrics

Founded Year

2017

Location

Pune, India

Stage

Acquired

Ranked

5^th among 17 active competitors

Annual Revenue

₹10 - ₹50 Cr as on Mar 31, 2025

Similar Companies

Viken Detection & 19 more

Exit Details

Acquired

View Evolve's full profile

Evolve is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
EVOLVE IT SOLUTIONS PRIVATE LIMITED CIN: U74110PN2009PTC133540 , India, Active	Feb 18, 2009	₹10 - ₹50 Cr (As on Mar 31, 2025)	-

Evolve got acquired on Jul 24, 2026.

Click here to take a look at Evolve's acquisition in detail

Evolve has not raised any funding rounds yet.

Evolve's Board of Directors

Evolve's board has 3 active members. Tilakraj Janakraj Tondon, Shilpi Anitoj Sethi and Amitoj Adarsh Sethi are independent board members.

Here is the list of Evolve's board of directors:

Name	Type	Representing	Status	Duration
Tilakraj Janakraj Tondon	Independent board member	-	Current	17y 5m
cmispqo	Independent board member	-	Current	5y 8m
gywojyz	Independent board member	-	Current	5y 2m

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Top competitors of Evolve include Viken Detection, Detection Technology and VMI Security. Here is the list of Top 10 competitors of Evolve, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Viken Detection 2013, Burlington (United States), Series B	Provider of vehicle forensic solutions for public safety management	$30M	Morningside, Horizon & 1 others	69/100
2nd	Detection Technology 2015, Oulu (Finland), Public	Provider of X-Ray imaging services for security solutions	-	Bocap, Ahlstrom & 2 others	47/100
3rd	VMI Security 1985, Belo Horizonte (Brazil), Unfunded	Provider of x-ray technology based solutions for security inspection	-	-	39/100
4th	Synapse Technology 2016, Palo Alto (United States), Acquired	Provider of AI-powered automated threat detection solutions for security and defense visual analysis	-	Xfund, Responder Corp & 4 others	37/100
5th	Evolve 2017, Pune (India), Acquired	Manufacturer of X-ray scanning systems for security inspection	-	-	35/100
6th	Sens-Tech 2007, Egham (United Kingdom), Acquired	X-ray imaging equipment and light detector modules	-	-	32/100
7th	Magtech Security Systems 2010, Chennai (India), Unfunded	Manufacturer of security systems and entrance automation equipment	-	-	32/100
8th	Scan Tech IBS 2011, Buford (United States), Unfunded	Manufacturer of X-ray technologies and an electron beam accelerator for baggage inspection systems	-	-	28/100
9th	Videray 2018, Boston (United States), Seed	Provider of cloud and AI-enabled X-ray imaging systems for security	-	Tek84	28/100
10th	Pexraytech 2017, Espoo (Finland), Unfunded	Manufacturer of portable X-Ray imaging systems	-	-	26/100