- Evo Commerce raises $2.1M for D2C personal care products.
- The Singapore startup boasts 300% annual growth.
- Funds will fuel product development and market expansion.
Shaking up the beauty
Aisle Singapore-based Evo Commerce just bagged $2.1 million in fresh funding. The direct-to-consumer (D2C) startup specializes in personal care products and supplements, boasting a impressive 300% annual topline growth over the past two years.
Evo Commerce’s journey began with Bback, a hangover remedy. Now, their portfolio includes Stryv, offering salon-grade hair tools, and Mantou, targeting hair loss concerns.
The company prides itself on manufacturing alongside global brands, delivering premium quality at wallet-friendly prices.
Expansion on the horizon
Led by IJK Capital Partners, this funding round drew participation from notable investors like Chen Capital and former Grab Financial Group MD Reuben Lai.
Evo Commerce plans to channel the funds into product development, bolstering its physical retail presence, and exploring new markets.
