About Karamtara
Karamtara is a company based in Mumbai (India) founded in 1996. Karamtara has raised $43.63 million across 2 funding rounds from investors including Amara Partners, Mini Ventures and Singularity Ventures AMC. The company has 125 employees as of January 17, 2025. Karamtara offers products and services including Solar Module Mounting Structures, Solar Torque Tubes, Tracker Piles and Piers, Wind Towers, and Transmission Line Towers. Karamtara operates in a competitive market with competitors including Pennar, SINTEF, Hanwha, Astronergy and SGL Carbon, among others.
- Headquarter Mumbai, India
- Employees 125 as on 17 Jan, 2025
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Sectors
Energy & Utilities
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Email
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Phone
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Website
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Social
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- Legal Name Karamtara Engineering Limited
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$151.02 M (USD)17.55as on Mar 31, 2022
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Net Profit
$1.53 M (USD)20.42as on Mar 31, 2022
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EBITDA
$9.19 M (USD)28.74as on Mar 31, 2022
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Total Equity Funding
$43.63 M (USD)
in 2 rounds
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Latest Funding Round
$7.87 M (USD), Series C
Jul 06, 2026
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Investors
Amara Partners
& 4 more
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Employee Count
125
as on Jan 17, 2025
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Products & Services of Karamtara
Karamtara offers a comprehensive portfolio of products and services, including Solar Module Mounting Structures, Solar Torque Tubes, Tracker Piles and Piers, Wind Towers, and Transmission Line Towers.
Structures for mounting solar panels in energy systems.
Tubes for solar tracker mechanisms.
Foundations for solar tracking systems.
Towers supporting wind turbines.
Towers for electricity transmission networks.
Hardware for securing energy structures.
Accessories for transmission line systems.
People of Karamtara
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Funding Insights of Karamtara
Karamtara has successfully raised a total of $43.63M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $7.87 million completed in July 2026. 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.
Investors in Karamtara
Karamtara has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Amara Partners, Mini Ventures and Singularity Ventures AMC.
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Investor details for Karamtara
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Investments & Acquisitions by Karamtara
Investment portfolio details for Karamtara
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Financial Statements - Karamtara
Detailed financials for Karamtara
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Karamtara Comparisons
Peer comparison for Karamtara
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Competitors of Karamtara
Karamtara 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 Pennar, SINTEF, Hanwha, Astronergy and SGL Carbon, among others.
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Precision-engineered products and building solutions are manufactured.
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Applied research organization providing technology and innovation services across diverse sectors
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Manufacturer of solar cells, modules, and other related components
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Solar PV modules are manufactured by Astronergy in Haining, China.
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Graphite and composites-based materials and components are developed.
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Solar PV modules are manufactured by ET Solar.
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Detailed competitors of Karamtara
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Latest news on Karamtara
Complete news archive for Karamtara
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Frequently Asked Questions about Karamtara
Karamtara was founded in 1996 and raised its 1st funding round 29 years after it was founded.
Karamtara is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Sunil Rustagi is the current CEO of Karamtara.
Karamtara is a funded company, having raised a total of $43.63M across 2 funding rounds to date.
As of Jan 17, 2025, the latest employee count at Karamtara is 125.
Annual revenue of Karamtara is $151.02M as on Mar 31, 2022.
Karamtara was founded in 1996 and is based in Mumbai, India. Operations focus on the renewable energy and transmission lines sectors, with manufacturing encompassing module mounting structures, tracker piles, torque tubes for solar applications, stamped components for trackers, wind towers, telecom towers, hot-rolled steel profiles, fasteners, and overhead line hardware fittings. A diverse range of steel-based products is produced to support infrastructure needs in these industries.
Karamtara's top competitors include Pennar, SINTEF and Astronergy.
Karamtara offers Solar Module Mounting Structures, Solar Torque Tubes, Tracker Piles and Piers, Wind Towers, and 3 more products and services.
Karamtara has 5 investors. Key investors include Amara Partners, Mini Ventures, Singularity Ventures AMC, Ananta Capital, and Axis Mutual Fund.