Evenflow, a marketplace aggregator modeled after Thrasio, has raised US$5 million in its ongoing series A funding round.

The funding was led by Venture Catalysts, Sunder Ramachandran, head of business transformation at Dr. Reddy’s Laboratories, and a group of angel investors.

Founded in 2021 by former Uber executives Utsav Agarwal and Pulkit Chhabra, Evenflow acquires and scales third-party sellers on ecommerce platforms and has raised nearly US$14 million to date.

The company will use the funding to expand operations and improve profitability across its portfolio, which includes brands like Xtrim, Yogarise, Rusabl, BabyPro, and Trendy Homes.