# EvolveX Accelerator

> EvolveX Accelerator is a VC fund in Mumbai backing Education and EdTech. See 46 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Mumbai, India
- Total investments: 46
- Last investment: Jan 2026
- Lead investor: 76%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/evolvex_accelerator/
- X (Twitter): https://twitter.com/evolvexbywfc
- Website: https://www.wefounderscircle.com/evolvex
- Facebook: https://www.facebook.com/EvolveXAcceleratorbyWeFounderCircle

EvolveX Accelerator is a VC fund in Mumbai focused on Education and EdTech. The EvolveX Accelerator is a high-impact accelerator program that offers assistance, resources, and access.

## Contacts

5 contacts available for EvolveX Accelerator. Shizune tracks 1 team members at EvolveX Accelerator. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/evolvex-accelerator?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Education | 4 | 9% |
| EdTech | 3 | 7% |
| Automotive | 3 | 7% |
| Electric Vehicle | 3 | 7% |
| Artificial Intelligence | 3 | 7% |

61 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 20 | 43% |
| Pre-Seed | 19 | 41% |
| Angel | 1 | 2% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| India | 29 | 63% |
| United States | 1 | 2% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Vikas Aggarwal | Co-Founder | 7 | https://shizune.co/investors/profile/vikas-aggarwal-929b |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Project Studio AI | Project Studio AI is a digital platform that provides AI native software to manage Interior projects from Design to Delivery. |  | Seed | Jan 09, 2026 |  |
| BlackCarrot | BlackCarrot is a home design company that specializes on dinnerware. |  | Seed | Jan 06, 2025 |  |
| Ambitio | Ambitio is an AI tool that helps you with your entire study abroad adventure, from program selection to drafting your application and achieving those dream admissions. | $186.7K | Pre-Seed | Jan 10, 2024 |  |
| Maidaan | Maidaan is a social gaming platform that hosts LIVE Olympiads and Tournaments for schoolchildren. They are allowing parents of 100 million or more children to introduce their children to a peer group outside of school from an early age. |  | Pre-Seed | Jan 04, 2024 |  |
| Cashvisory | Cashvisory is committed to enabling every person, regardless of background, education, or experience, to reach their objectives and make wise financial decisions. Their sophisticated algorithms allow you to make important financial decisions in a matter of minutes, which helps you develop, monitor, and carry out comprehensive financial plans. | $144.2K | Pre-Seed | Dec 29, 2023 |  |
| EcoRatings | EcoRatings rates all categories of products and services on sustainability parameters on a scale of 10 - to help consumers make more sustainable shopping decisions. We are disrupting the existing sustainability assessment frameworks (which exist at the company level) by using AI/ML and Big Data techniques to quantify the impact atproduct/service level. |  | Pre-Seed | Dec 28, 2023 |  |
| TestnTrack - Mobile Based Assessment Platform | Test and Track is India's first and fastest copy-checking platform that helps students and teachers examine and evaluate their students to discover their learning flaws. Test and Track is a copy-checking platform that allows teachers to conduct exams for the practice of students by removing all the hassles they encounter, such as creatingpapers, scheduling exams, checking copies, and evaluating the answers of students in order to assess their strong and weak concepts on the basis of subjects and chapters, and providing them with personalized remarks in order to help them improve their mistakes and prevent them from repeating them in future tests.Test and Track is a mobile-based assessment platform that can be accessed from remote places as it provides mobile-based assessments that connect teachers and students remotely anytime anywhere. Test and Track are available for all sorts of educational organizations like schools, colleges, coaching, and institutes as well as for individual tutors.Coaching and institutes can reduce the hectic part of the examination process with the mobile-based assessment platform - Test and Track.Firstly, it makes it easy for teachers or evaluators to create question papers manually or via a question bank. This mobile-based assessment platform helps evaluators conduct objective as well as subjective examinations.Evaluators can include questions from a variety of sources, including textbooks, past exams, and quiz questions, or even based on board patterns.Second, the platform makes it easy to administer exams easily at your fingertips. Schools can schedule exams and then administer them online or offline as they wish.Third, the platform helps schools and teachers to declare results with a proper track of student performance in an analytical format. Teachers, parents, and students can see performance on specific exams, and they can track student progress over time.Lastly, the platform is user-friendly and easy to use and is available on all devices Android and iOS.TestnTrack helps schools and educators make the examination process more smooth. Testntrack offers multiple services that handle the examination process of any institute hassle-free. TestnTrack offers the following services:1. Subjective Examination - Objective Examination 2. Formative Assessments - Summative Assessments 3. Customized Question Paper 4. Question Bank (Board Pattern) 5. Schedule exams 6. Copy-checking in just 360 minutes 7. Personalized remarks for students 8. Result Declaration 9. Analytical performance report of student 10. 1-to-1 problem-solving for students 11. Leaderboard |  | Pre-Seed | Dec 26, 2023 |  |
| Ugees | Ugees not only made our lives easier, but also more enjoyable. With Ugees, washing underwear is no longer a chore. And we want everyone to have the same experience. Try it right now |  | Pre-Seed | Dec 21, 2023 |  |
| Scandalous Foods | Scandalous Foods offers food preparation services such as 6-month preservative-free sweets in single-serve sizes. | $191.8K | Pre-Seed | Dec 04, 2023 |  |
| Himshakti | Bringing power of Himalayas in the form of seasoned salt, pink salt (sourced from India) and various other authentic Himalayan food products such as millets, spices, rice, juice, etc to your home. We are the first company to launch Indian pink salt. We also cater to restaurants and supply our products pan India. | $10M | Pre-Seed | Nov 06, 2023 |  |

10 of 46 investments shown.

## Co-investors
- [We Founder Circle](https://shizune.co/investors/profile/we-founder-circle) — VC Fund, 33 deals together
- [JITO Angel Network](https://shizune.co/investors/profile/jito-angel-network) — VC Fund, 2 deals together
- [Venture Catalysts](https://shizune.co/investors/profile/venturecatalysts) — VC Fund, 2 deals together
- [ah! Ventures](https://shizune.co/investors/profile/ahventures) — VC Fund, 1 deal together
- [Amity Technology Incubator](https://shizune.co/investors/profile/amity-technology-incubator) — VC Fund, 1 deal together
- [Anthill Ventures](https://shizune.co/investors/profile/anthill-ventures) — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund

## FAQ

### What does EvolveX Accelerator invest in?

EvolveX Accelerator invests primarily in Education, EdTech and Automotive startups, most often at Seed and Pre-Seed stage. Most of the 46 investments tracked by Shizune back companies in India. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact EvolveX Accelerator?

Public channels for EvolveX Accelerator include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at EvolveX Accelerator?

The team at EvolveX Accelerator includes Vikas Aggarwal (Co-Founder). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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