About Carmatec
Carmatec is a Technology company based in Bengaluru (India) founded in 2003. Custom web design and development services are offered by Carmatec. Carmatec has raised $37.61 thousand across 2 funding rounds from investors including FasterCapital and Lf Augustine. The company has 10 employees. Carmatec was last valued at $1.08 million in February 2008. Its website carmatec.com draws about 87 thousand monthly visits. Its Indian entity Carmatec It Solutions Private Limited reported revenue of ₹4.19 Cr. Carmatec offers products and services including Web App Development, Mobile App Development, Cloud Adoption, and Digital Transformation. Its focus areas include Business Services, IT Services, Application Development and Horizontal.
Company details
Carmatec was founded in 2003 in Bengaluru, India, within the IT sector. End-to-end web solutions and managed IT services are provided, including custom web design, mobile applications for Android, iOS, and Windows, UIUX design, and desktop applications. Operations focus on web presence and software development. Clients served include Move, ZeeTV, ADS, Obtrix, Joes TGN, Gabby, Laird, and Provision Host.
- Headquarters Bengaluru, India
- Employees 10
- Stage Minicorn
- SectorsTechnology
- Website category Computers Electronics and Technology · Graphics Multimedia and Web Design
- Email••••••••
- Website carmatec.com
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Carmatec It Solutions Private Limited
- Date of Incorporation 23 Aug, 2004
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹4.19 Cr
FY 2025 · +9% YoY
- Net Profit₹14.8 Lakh
FY 2025 · 4% margin
- EBITDA₹55.7 Lakh
FY 2025 · 13% margin
- Total Equity Funding$37.61K (USD)
in 2 rounds
- InvestorsFasterCapital
& 1 more
- Employee Count10
Associated legal entities of Carmatec
Carmatec operates through Carmatec It Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Carmatec It Solutions Private Limited CIN U72900KA2004PTC034545 | Active | 23 Aug 2004 | Bangalore, Karnataka | ₹4.2 Cr | 10 | 3 | View details |
Products & Services of Carmatec
Carmatec offers a comprehensive portfolio of products and services, including Web App Development, Mobile App Development, Cloud Adoption, and Digital Transformation.
Service for building custom web applications for businesses.
Development of apps for iOS and Android platforms.
Assistance in migrating to cloud for efficient operations.
Strategies to enhance business through technology integration.
Apps and channels of Carmatec
its YouTube channel Carmatec Inc has 28 subscribers and 28 videos.
Videos from Carmatec
The most watched videos on Carmatec's YouTube channel, Carmatec Inc (28 subscribers). Click a video to play it here.
More on Carmatec Inc.
Funding Insights of Carmatec
Carmatec has successfully raised a total of $37.61K across 2 strategic funding rounds. 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 $37,606
- Total Rounds 2
- First Round $37,606
(Feb 2008)
- Investors Count 2
All 2 funding rounds of Carmatec 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 |
|---|---|---|---|---|---|
| Sep 2016 | Seed | – | – | ||
| Feb 2008 | $37,606 | Angel Round | $1.08M | Lf Augustine | – |
| Date | Valuation | Stage |
|---|---|---|
| Feb 2008 | $1.08M | •••••••• |
Last known valuation $1.08M (Feb 2008). 2 investors in total: 1 institutional and 1 angel.
Investors in Carmatec
Carmatec has secured backing from 2 investors, including venture fund and angel investors. Prominent investors backing the company include FasterCapital and Lf Augustine.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture building, startup incubation, and funding services are provided by FasterCapital. | fastercapital.com | |||
LA Lf Augustine | unknown_f30cb3ac12ce4b019 |
Investor details for Carmatec
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Carmatec It Solutions Private Limited (Carmatec)
Carmatec It Solutions Private Limited is the primary company behind Carmatec. The board of Carmatec It Solutions Private Limited currently have 3 directors; the longest-serving is Aromal Poozhikkattu Rajagopal, appointed in 2004. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Aromal Poozhikkattu Rajagopal DIN 01431618 | Managing Director | 23 Aug 2004 | 22 yrs 2 mo | Carmatec It Solutions Private Limited |
| Indu Aromal DIN 02962257 | Whole-time director | 26 Feb 2010 | 16 yrs 8 mo | Carmatec It Solutions Private Limited |
| Thozhuthum Parambil Ramachandran Premanath DIN 05248288 | Director | 01 Mar 2012 | 14 yrs 8 mo | Carmatec It Solutions Private Limited |
People of Carmatec
1 people are tracked at Carmatec (1 in leadership); the tracked headcount is 10.
| Name | Role | Group |
|---|---|---|
Aromal R. | Group CEO | Leadership |
Complete people profiles for Carmatec
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Carmatec
Figures of Carmatec It Solutions Private Limited, the primary company behind Carmatec, for FY 2025. Revenue was ₹4.19 Cr (+9% year on year). Net profit was ₹14.8 Lakh (4% margin). EBITDA was ₹55.7 Lakh (13% margin). Revenue has grown at a compounded annual rate of +2% over three years and +3% over five years.
- ₹4.19 CrRevenue · FY 2025 · +9% YoY
- ₹14.8 LakhNet profit · 4% margin
- ₹55.7 LakhEBITDA · 13% margin
- ₹39.9 LakhPaid-up capital
- 10Employees (provident fund records)
- +2%Revenue CAGR, 3 years
- +3%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Carmatec It Solutions Private Limited are on its company page.
Detailed financial statements for Carmatec
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Carmatec
4 dated milestones of Carmatec across 13 years, from founding to its latest funding, stage changes and deals.
- Founded Carmatec is founded.
- Funding First funding round of $38K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed,.
Web traffic of Carmatec
The website of Carmatec (carmatec.com) receives about 87K visits a month and ranks #479,708 among all websites worldwide, #4,846 in Graphics Multimedia and Web Design.
- Monthly visits87K
▲ 7.8% vs previous month
- Unique visitors34.8K
per month
- Global rank#479,708
among all websites
- Category rank#4,846
Computers Electronics and Technology · Graphics Multimedia and Web Design
- Bounce rate43%
- Pages per visit1.7
- Average visit25 sec
- DevicesDesktop 40% · Mobile 60%
Websites whose visitors overlap most with Carmatec. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| hyperlinkinfosystem.com | 100% | 35.9K | #904,357 | View details | |
| techaheadcorp.com | 99% | 53.6K | #777,382 | View details | |
| valuecoders.com | 96% | 30.2K | #1,035,555 | View details | |
| ailoitte.com | 96% | 13.7K | #1,318,963 | View details | |
| mindinventory.com | 94% | 51.7K | #693,547 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Carmatec
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Carmatec
Carmatec was founded in 2003 and raised its 1st funding round 5 years after it was founded.
Carmatec is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Carmatec is a funded company, having raised a total of $37.61K across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $37.61K, raised on Feb 2008.
Carmatec has 10 employees.
The primary company behind Carmatec, Carmatec It Solutions Private Limited, reported revenue of ₹4.19 Cr for FY 2025, up 9% year on year.
Carmatec was founded in 2003 in Bengaluru, India, within the IT sector. End-to-end web solutions and managed IT services are provided, including custom web design, mobile applications for Android, iOS, and Windows, UIUX design, and desktop applications. Operations focus on web presence and software development. Clients served include Move, ZeeTV, ADS, Obtrix, Joes TGN, Gabby, Laird, and Provision Host.
Carmatec offers Web App Development, Mobile App Development, Cloud Adoption, and Digital Transformation.
Carmatec has 2 investors. Key investors include FasterCapital, and Lf Augustine.
The valuation of Carmatec is $1.08M as of Feb 2008.
Carmatec operates through Carmatec It Solutions Private Limited.
The legal entities of Carmatec currently have 3 directors, including Indu Aromal, Thozhuthum Parambil Ramachandran Premanath, Aromal Poozhikkattu Rajagopal.