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Evenflow: The Quiet $27M Amazon Aggregator
Inside the bootstrapped Indian roll-up shaking up the $27M revenue playbook
While Western Amazon aggregators burned VC cash chasing scale, Indian startup Evenflow quietly built a $27M revenue engine by buying, building, and selling Amazon FBA brands. They're not just aggregating—they're engineering a supply chain monopoly from Bangalore to the world.
"They're not playing the VC game—they're playing the supply chain game, and it's working."
The Bootstrapped Behemoth
Evenflow operates in the shadows of e-commerce giants, yet their $27M revenue with only $10.9M in funding reveals a brutally efficient model. Unlike US aggregators that raised hundreds of millions, Evenflow's capital efficiency ratio (2.5x revenue-to-funding) suggests a fundamentally different playbook—one built on Indian supply chain arbitrage rather than financial engineering.
The Traffic Paradox
With only 2,081 monthly visits and a global rank of #6.9M, Evenflow's minimal web footprint is deliberate. They're not building a consumer-facing brand—they're building a B2B supply chain machine. The 46% organic search traffic comes almost entirely from branded searches (3,750 monthly for 'evenflow'), indicating their customers find them through partnerships, not SEO. This is a company that doesn't need traffic—it needs deals.
The leadership team tells the real story: Utsav Agarwal (CEO) and Shashank Ranjan (Co-Founder) built a team that includes a Director of Performance Marketing and a Head of Sourcing & Supply Chain. This isn't a growth-stage startup—it's a mature operation optimized for margins, not metrics. Their tech stack (jQuery, GSAP, Bootstrap) reveals a pragmatic focus on functionality over flashy frontend innovation.
- Supply chain dominance: Priyesh Singh leads sourcing, suggesting vertical integration beyond simple aggregation
- QCommerce focus: Anjali Nair's category management role hints at rapid delivery channel expansion
- Acquisition engine: Dedicated acquisitions@ email signals active M&A pipeline
The Unsexy Unicorn
Evenflow proves that in e-commerce, boring infrastructure beats flashy growth. Their $27M revenue with minimal funding isn't a limitation—it's a blueprint for sustainable aggregation in emerging markets.
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About evenflowbrands.com
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Technology Stack
evenflowbrands.com uses 14 technologies across their website including Google Fonts, cdnjs, unpkg, Cloudflare, and more.
Fonts
Google Fonts
CDN
cdnjs, unpkg, jsDelivr
Cloud & Hosting
Cloudflare
Customer Support
Zendesk
UI Libraries
DaisyUI
CSS Frameworks
Bootstrap, Tailwind CSS
Traffic & Audience
evenflowbrands.com receives approximately 2.1K monthly visitors and ranks #6,917,318 globally. The website has a bounce rate of 29% with visitors viewing an average of 2.2 pages per visit. Users spend an average of 1:04 on the site.
The majority of evenflowbrands.com's traffic comes from .
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