About Kaarva
Kaarva is a company based in Bengaluru (India) founded in 2018 by Khushboo Maheshwari.. Kaarva has raised $539.27 thousand across 2 funding rounds from investors including Wellfound, Vistra ITCL and Lead Angels. Kaarva operates in a competitive market with competitors including Clair, Jify, Refyne, Myfinfi and Daily Salary, among others.
- Headquarter Bengaluru, India
- Founders Khushboo Maheshwari
- Stage Minicorn
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Sectors
TechnologyFinancial Services
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Phone
*********
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Website
*********
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Social
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- Legal Name Kaarvan Services Private Limited
- Date of Incorporation 08 Oct, 2018
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$751.95 (USD)4.38as on Mar 31, 2024
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Net Profit
$-5.57 K (USD)-3097.99as on Mar 31, 2024
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EBITDA
$-5.82 K (USD)-1844.49as on Mar 31, 2024
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Total Equity Funding
$539.27 K (USD)
in 2 rounds
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Latest Funding Round
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Investors
Wellfound
& 26 more
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Employee Count
Employee Count
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Funding Insights of Kaarva
Kaarva has successfully raised a total of $539.27K 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 Total Funding
- Total Rounds 2
- Last Round Last Round
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First Round
First Round
(30 Jan 2019)
- Investors Count 27
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2019 | Amount | Seed - Kaarva | Valuation | Lead Angels | |
| Jan, 2019 | Amount | Seed - Kaarva | Valuation | Vistra ITCL , Wellfound |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Kaarva
Kaarva has secured backing from 27 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Wellfound, Vistra ITCL and Lead Angels. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investment in high-growth startups and angel funding services in India.
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Founded Year | Domain | Location | |
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Early-stage companies are invested in by Better Capital.
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Founded Year | Domain | Location | |
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Venture capital firm backing startups in Fintech and Consumer Tech sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Kaarva
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Kaarva
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Kaarva Comparisons
Competitors of Kaarva
Kaarva operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Clair, Jify, Refyne, Myfinfi and Daily Salary, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Embedded Earned Wage Access solutions are provided for HR platforms.
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| domain | founded_year | HQ Location |
Online financial management and on demand salary solutions for employees
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| domain | founded_year | HQ Location |
Provider of earned wage access and financial wellness solutions
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| domain | founded_year | HQ Location |
Employee financial benefits are delivered via a cloud-based platform.
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| domain | founded_year | HQ Location |
A cloud-based application for managing employee salaries efficiently.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Kaarva
When was Kaarva founded?
Kaarva was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Where is Kaarva located?
Kaarva is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is Kaarva a funded company?
Kaarva is a funded company, having raised a total of $539.27K across 2 funding rounds to date. The company's 1st funding round was a Seed of $539.27K, raised on Jan 30, 2019.
What is the annual revenue of Kaarva?
Annual revenue of Kaarva is $751.95 as on Mar 31, 2024.
What does Kaarva do?
Kaarva was founded in 2018 in Bengaluru, India, as a fintech platform focused on financial services for salaried individuals. Portions of monthly earnings are made available on demand, alongside personal loans for expenses, emergencies, or other needs. Processes for disbursement and credit history management are streamlined using technology. Operations center on enabling timely access to funds within the Indian market.
Who are Kaarva's investors?
Kaarva has 27 investors. Key investors include Wellfound, Vistra ITCL, Lead Angels, EMVC, and Gemba Capital.
What is Kaarva's valuation?
The valuation of Kaarva is $2.51M as of Jan 2019.
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