About Carbonado
Carbonado is a Retail company based in Bengaluru (India) founded in 2016 by Pradeep Reddy. Luggage and travel accessories are sold via an online platform. It operates in the Retail and Travel & Hospitality sectors. Carbonado has raised $294.84 thousand across 4 funding rounds from investors including Mohammed Zaman, Abdul Rashid Kola and Pradeep Chama Reddy. The company has 1 employees. Carbonado was last valued at $4.13 million in December 2022. Its Indian entity Bplugd Iot Private Limited reported revenue of ₹6.26 Cr. Carbonado offers products and services including Turtle Leg Pouch, The Duffle, Fender Sling, Kaida Backpack, and Carbonado Gaming Backpack. Its focus areas include Consumer, Fashion Tech, B2C Commerce and Accessories. Its competitors include Mokobara, uppercase and Assembly; 3 of its 3 listed competitors have raised funding.
Company details
Carbonado was founded in 2016 in Bengaluru, India, as an online platform in the travel goods sector. Luggage items such as backpacks, duffel bags, hard-case suitcases, and travel organizers are offered. Products are tailored for short trips, extended journeys, daily commuting, and uses in personal, business, or adventure contexts. Operations focus on e-commerce distribution from India.
- Headquarters Bengaluru, India
- Employees 1
- Founders Pradeep Reddy
- Stage Minicorn
- SectorsRetailTravel & Hospitality
- Website category Vehicles · Motorcycles
- Email••••••••
- Website thecarbonado.com
- Social X Facebook
- Legal Name Bplugd Iot Private Limited
- Date of Incorporation 15 Jul, 2016
- Jurisdiction Bengaluru, Karnataka, India
- Annual Revenue₹6.26 Cr
FY 2023 · +55% YoY
- Net Profit₹16.4 Lakh
FY 2023 · 3% margin
- EBITDA₹98 Lakh
FY 2023 · 16% margin
- Total Equity Funding$294.84K (USD)
in 4 rounds
- Latest Funding Round$181.75K (USD), Angel Round
Dec 2022
- Employee Count1
Associated legal entities of Carbonado
Carbonado operates through Bplugd Iot Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Bplugd Iot Private Limited CIN U74999KA2016PTC095032 | Active | 15 Jul 2016 | Bengaluru, Karnataka | ₹6.3 Cr | 2 | View details |
Products & Services of Carbonado
Carbonado offers a comprehensive portfolio of products and services, including Turtle Leg Pouch, The Duffle, Fender Sling, Kaida Backpack, and Carbonado Gaming Backpack.
Secure pouch for carrying belongings during adventures and travel.
Versatile bag for everyday travel and storage needs.
Sleek sling for professionals needing lightweight, accessible storage.
Functional backpack for versatile daily and travel use.
Durable backpack designed for gamers with accessory compartments.
Funding Insights of Carbonado
Carbonado has successfully raised a total of $294.84K across 4 strategic funding rounds. The most recent funding activity was a Angel Round of $181.75 thousand completed in December 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $294,835
- Total Rounds 4
- Last Round Angel Round — $181,752
- First Round $36,721
(Nov 2016)
- Investors Count 5
All 4 funding rounds of Carbonado with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2022 | $181,752 | Angel Round | $4.13M | – | |
| Feb 2021 | $54,912 | Angel Round | $4.57M | Balachandra Tholpady | |
| Apr 2019 | $21,450 | Seed | – | – | – |
| Nov 2016 | $36,721 | Angel Round | $••••• | – |
| Date | Valuation | Stage |
|---|---|---|
| Dec 2022 | $4.13M | •••••••• |
| Feb 2021 | $4.57M | •••••••• |
Last known valuation $4.13M (Dec 2022). 5 investors in total: 0 institutional and 5 angel.
Investors in Carbonado
Carbonado has secured backing from 5 investors, including angel investors. Prominent investors backing the company include Mohammed Zaman, Abdul Rashid Kola and Pradeep Chama Reddy.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
MZ Mohammed Zaman | Angel investor focusing on early-stage Indian startups in tech and consumer sectors. | unknown_2bb1d04c8d044633a | ||
AR Abdul Rashid Kola | unknown_423e4be64d1b49838 | |||
PC Pradeep Chama Reddy | Angel investor and tech entrepreneur with focus on early-stage Indian startups. | unknown_3d73a291afe940cc9 | ||
BT Balachandra Tholpady | unknown_d628e2e902b146c18 | |||
PT Pushpa Tholpady | unknown_7bc60bd288654a108 |
Investor details for Carbonado
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Board of directors of Bplugd Iot Private Limited (Carbonado)
Bplugd Iot Private Limited is the primary company behind Carbonado. The board of Bplugd Iot Private Limited currently have 2 directors; the longest-serving is Abdul Rashid Kola, appointed in 2016. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Abdul Rashid Kola DIN 07486714 | Whole-time director | 15 Jul 2016 | 10 yrs 3 mo | Bplugd Iot Private Limited |
| Pradeep Chama Reddy DIN 07352152 | Whole-time director | 15 Jul 2016 | 10 yrs 3 mo | Bplugd Iot Private Limited |
People of Carbonado
1 people are tracked at Carbonado (1 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Founder | Leadership |
Complete people profiles for Carbonado
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of Carbonado
Figures of Bplugd Iot Private Limited, the primary company behind Carbonado, for FY 2023. Revenue was ₹6.26 Cr (+55% year on year). Net profit was ₹16.4 Lakh (3% margin). EBITDA was ₹98 Lakh (16% margin). Revenue has grown at a compounded annual rate of +101% over three years and +367% over five years.
- ₹6.26 CrRevenue · FY 2023 · +55% YoY
- ₹16.4 LakhNet profit · 3% margin
- ₹98 LakhEBITDA · 16% margin
- ₹11.6 LakhPaid-up capital
- +101%Revenue CAGR, 3 years
- +367%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Bplugd Iot Private Limited are on its company page.
Detailed financial statements for Carbonado
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Carbonado
4 dated milestones of Carbonado across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Carbonado is founded.
- Funding First funding round of $37K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Angel Round, of $182K.
Competitors of Carbonado
Carbonado has 3 listed competitors in our database, 3 of them funded. They include Mokobara, uppercase and Assembly.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| mokobara.com | 2019 | Bengaluru, India | $22.41M | 224 | Provider of luggage, backpacks, totes, handbags, briefcases, and travel accessories | |
| uppercase.co.in | 2021 | Bengaluru, India | $19.58M | 81 | Handcrafted eco-friendly luggage and backpack bags are sold online. | |
| assemblytravel.com | 2018 | Gurugram, India | $2.48M | 38 | Luggage bags and travel accessories are offered online by Assembly. |
Detailed competitors of Carbonado
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of Carbonado
The website of Carbonado (thecarbonado.com) receives about 3K visits a month and ranks #8,380,984 among all websites worldwide, #11,387 in Motorcycles.
- Monthly visits3K
▲ 65.9% vs previous month
- Global rank#8,380,984
among all websites
- Category rank#11,387
Vehicles · Motorcycles
- Bounce rate52%
- Pages per visit1.8
- Average visit25 sec
- DevicesDesktop 58% · Mobile 42%
Websites whose visitors overlap most with Carbonado. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| gearnride.in | 100% | 34K | #604,637 | View details | |
| openroad.in | 97% | #877,606 | View details | ||
| rynoxgear.com | 96% | #103,088 | View details | ||
| ahhelmets.in | 91% | View details | |||
motoblazer.com | motoblazer.com | 90% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 13 similar websites and full traffic analytics for Carbonado
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 13 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Fashion & Lifestyle E-Commerce
3 companies that operate in the same segment as Carbonado (Fashion & Lifestyle E-Commerce) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Eyewear is offered online for men, women, and kids. | 2010 | Gurugram, Haryana, India | USD 1.04 B | USD 939.4 M | 18,984 | |
Fashion and lifestyle products are offered via an online marketplace. | 2007 | Bengaluru, Karnataka, India | USD 123.71 M | USD 639.15 M | 1,031 | |
Gold and silver jewellery, lab-grown diamonds, and accessories are retailed. | 2019 | Bengaluru, Karnataka, India | USD 144.58 M | USD 32.66 M | 711 |
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Related news about Carbonado
Complete news archive for Carbonado
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Frequently Asked Questions about Carbonado
Carbonado was founded in 2016.
Carbonado is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Carbonado is a funded company, having raised a total of $294.84K across 4 funding rounds to date. The company's 1st funding round was a Angel Round of $36.72K, raised on Nov 2016.
Carbonado has 1 employees.
The primary company behind Carbonado, Bplugd Iot Private Limited, reported revenue of ₹6.26 Cr for FY 2023, up 55% year on year.
Carbonado was founded in 2016 in Bengaluru, India, as an online platform in the travel goods sector. Luggage items such as backpacks, duffel bags, hard-case suitcases, and travel organizers are offered. Products are tailored for short trips, extended journeys, daily commuting, and uses in personal, business, or adventure contexts. Operations focus on e-commerce distribution from India.
Carbonado offers Turtle Leg Pouch, The Duffle, Fender Sling, Kaida Backpack, and Carbonado Gaming Backpack.
Carbonado has 5 investors. Key investors include Mohammed Zaman, Abdul Rashid Kola, Pradeep Chama Reddy, Balachandra Tholpady, and Pushpa Tholpady.
The valuation of Carbonado is $4.13M as of Dec 2022.
Carbonado operates through Bplugd Iot Private Limited.
The legal entities of Carbonado currently have 2 directors, including Abdul Rashid Kola, Pradeep Chama Reddy.