About
EvolveX, founded by We Founder Circle, is a prestigious program that has been providing high-impact acceleration to early-revenue startups from various sectors since its inception in 2021. With a mission to take startups to the next level, EvolveX offers its extensive network of seasoned mentors and successful entrepreneurs to guide startups on their journey to success.
Our Ecosystem
Our Group of Companies
Our Achievements
Our Portfolio
Meet the people with you on the journey
Our Team
The Criteria
Seed Stage
Incorporated
Have generated revenue or are on the verge of
Have an MVP
Based in India, Hong Kong, Singapore, UAE, UK or US
Programs
Flagship program
For Early Stage Founders
- Upfront funding of $20,000-$30,000 and credits and discounts worth over $500,000
- Mentor sessions with a pool of handpicked angel investors and mentors from around the world
- Global events where you can showcase your startup and network with potential partners and customers
Campus Seed program
For College Entrepreneurs
- $10,000 in seed funding
- personalized mentorship by top CEOs and industry veterans
- Global Oureach
- Incubation Activities
- Chance to get Accelerator & Angel Funding $20K-100K
Programs
ROLLING APPLICATIONS
EvolveX Global Flagship Program
ROLLING APPLICATIONS
Web3X Program
ROLLING APPLICATIONS
Yes Bank Agri Infinity Program
The Blueprint
WFC invites founders and mentors to our network to nominate deserving startups to EvolveX. Applicants submit applications through a form on the accelerator website.We accept appli on a rolling basis
We filter applications to find startups that meet our criteria. The screening process requires founders to pitch to the WFC internal panel.
Based on further scrutiny and internal discussion, startups are selected to join the cohort.
The EvolveX program begins. We train founders with the basic aspects of running a business through info sessions by investors, entrepreneurs and partners. Founders share business updates with the EvolveX team and fellow cohort members. We bring exposure to our founders through external networking events. The program ends with rigorous pitch practice where founders are trained individually and in groups by the accelerator team, mentors and the We Founder Circle investment team.
The cohort pitches to investors in the We Founder Circle network to a much wider network at Demo Day.
Success Stories
Co-Founder
Parkmate
“EvolveX program is that one which gave
parkmate it's first flight. The lessons
learnt, curated calls with other founders
and special focus on avoiding common
mistakes made by first time founders
saved us a lot of our time and capital. The
WFC's network of HNIs, founders and
industry experts helped us in our product
refinement and first pivot”
Co-Founder
Parkmate
“EvolveX program is that one which gave
parkmate it's first flight. The lessons
learnt, curated calls with other founders
and special focus on avoiding common
mistakes made by first time founders
saved us a lot of our time and capital. The
WFC's network of HNIs, founders and
industry experts helped us in our product
refinement and first pivot”
Co-Founder
Parkmate
“EvolveX program is that one which gave
parkmate it's first flight. The lessons
learnt, curated calls with other founders
and special focus on avoiding common
mistakes made by first time founders
saved us a lot of our time and capital. The
WFC's network of HNIs, founders and
industry experts helped us in our product
refinement and first pivot”
“EvolveX program is that one which gave parkmate it's first flight. The lessons learnt, curated calls with other founders and special focus on avoiding common mistakes made by first time founders saved us a lot of our time and capital. The WFC's network of HNIs, founders and industry experts helped us in our product refinement and first pivot”
“I feel like EvolveX has become a part of our team. They continuously guide us and make sure we are on path to achieve. Me being a young entrepreneur, they are grooming and guiding me in the right direction.”
"Unlike any other company that just helps you in building your pitch deck, EvolveX comes with an array of services which are very highly tailored to our requirements, have yet to get to see anyone come with such a wide variety of expertise but with such a friendly atmosphere that they make you feel a part of their own."
“Continuous mentoring by EvolveX helped us to go from point A to B in fastest manner possible with strategic alliances. Not only that, but also help in raise funds through right investment partners which is the key to any growing startup.”
News & Media
If you have ever ordered a side of gulab jamun to reach the minimum order value for free delivery on some popular quick service restaurants (QSRs), chances are that you might have received the sweet as a single serving in a transparent box.
New Delhi [India], March 7: EcoRatings, the world’s first AI-powered platform for ESG ratings of products and services, has achieved a significant milestone by winning the
Healthtech startup Humors Tech has raised Rs 2 crore in its pre-seed round from Venture Catalysts.The proceeds will be used to ramp up its flagship product Respyr’s commercial launch, clinical validation studies and expansion into global markets.
FAQs
EvolveX by WFC is a program which offers high impact acceleration and support to early stage startups. The EvolveX support extends beyond financial aid, including mentorship, strategic guidance, and business support to help startups scale effectively.
It is a cohort-based startup accelerator program that provides financial support to founders in exchange for equity and mentorship.
The program typically lasts for 3 months and is conducted virtually. Startups incubated under EvolveX participate in online training sessions led by industry experts and CXOs, covering a wide range of topics.
EvolveX is a sector agnostic program.Its investment portfolio comprises startups from a wide range of sectors, such as AI, CleanTech, SaaS, FinTech, AgriTech, EdTech, Gaming, and more.
The founders are required to fill the application form to apply at EvolveX
We encourage the founders who are looking to raise their first capital or currently seeking Pre-Seed/ Seed funding to apply for the program
The program is suitable for Pre-Revenue startups which are currently at Ideation stage, developed Proof of Concept or MVP stage. However revenue generating startups can also apply
The investment decisions of EvolveX are primarily based on the founding team, business idea or product, opportunity size, and other pertinent factors
EvolveX typically selects 5-7 startups in each cohort. It has invested in 28+ startups from past 4 cohorts.
EvolveX invests ~INR 25 Lakhs in exchange of 5% of Equity. Our cheque size and valuation may vary from one company to other based on the business Idea, USP, founding team, traction and more.
It takes around 7 – 8 weeks and 3 – 4 rounds of discussion with founders to complete the entire evaluation process and pitch the startups to IC members.
Yes! We are open to having co-investors in the same round.
Yes! EvolveX also supports its top performers in their future fundraise via
- Pitch Day- The founders of these startups can pitch their business to external investors
- Invstt Platform- Founders can create their startup profile on Invstt Platform for fundraising
- VC Network- We help startups connect with VC Funds in our network
Mentorship Services
- Online training sessions on various topics conducted by Industry Experts
- 1:1 tailored mentorship by experts and EvolveX team
- Helping founders to navigate through Financial, Legal, technical, GTM and other challenges
Growth Services
- Helping team with future fundraise activities such showcasing startups on Pitch Day, Fundraise via Invstt Platform and Partner VC funds & Angel networks
- Chance to showcase the startups at various networking events