About Karban
Karban is a company based in Jaipur (India) founded in 2021 by Tanya Goyal and Karan Bansal.. Karban has raised $1.07 million across 1 funding round from investors including Urban Company, Angel List and All In Capital. The company has 1 employees as of April 07, 2024. Karban offers products and services including Airzone, Airzone Lite, and Filters. Karban operates in a competitive market with competitors including Atomberg, Ottomate, Superfan, Gold Life and Oltao, among others.
- Headquarter Jaipur, India
- Employees 1 as on 07 Apr, 2024
- Founders Tanya Goyal, Karan Bansal
- Stage Minicorn
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Sectors
RetailEnergy & Utilities Consumer
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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 Karban Envirotech Private Limited
- Date of Incorporation 01 Dec, 2021
- Jurisdiction Jaipur, Rajasthan, India
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Annual Revenue
$0 (USD)0as on Mar 31, 2022
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Net Profit
$-169.37 (USD)0as on Mar 31, 2022
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EBITDA
$-120.98 (USD)0as on Mar 31, 2022
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Total Equity Funding
$1.07 M (USD)
in 1 rounds
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Latest Funding Round
$1.07 M (USD), Seed
Feb 01, 2024
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Investors
Urban Company
& 16 more
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Employee Count
1
as on Apr 07, 2024
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Products & Services of Karban
Karban offers a comprehensive portfolio of products and services, including Airzone, Airzone Lite, and Filters. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
3-in-1 appliance combining air purifier, bladeless fan, and lighting for energy efficiency
Compact version for smaller spaces with integrated fan and air purification
Replacement filters for air purification in smart appliances
Funding Insights of Karban
Karban has successfully raised a total of $1.07M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.07 million completed in February 2024. 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 1
- Last Round Seed — $1.1M
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First Round
First Round
(01 Feb 2024)
- Investors Count 17
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2024 | Amount | Seed - Karban | Valuation | Titan Capital , Rainmatter |
| 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 Karban
Karban has secured backing from 17 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Urban Company, Angel List and All In Capital. 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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Investments are made in early-stage companies by Titan Capital.
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Founded Year | Domain | Location | |
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Indian fund focused on fintech, health, and climate initiatives.
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Founded Year | Domain | Location | |
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Venture capital investments and community support for Indian startups.
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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 Karban
| 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 - Karban
| 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 |
Karban Comparisons
Competitors of Karban
Karban 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 Atomberg, Ottomate, Superfan, Gold Life and Oltao, 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 |
Energy-efficient ceiling fans and smart home appliances are provided.
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| domain | founded_year | HQ Location |
Online platform offering smart fans and other home appliances
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| domain | founded_year | HQ Location |
Manufacturer of smart fans
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| domain | founded_year | HQ Location |
Online platform offering suicide prevention devices and accessories
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| domain | founded_year | HQ Location |
Sells luxury chandelier fans with BLDC motors, smart controls, and online delivery.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Karban
Frequently Asked Questions about Karban
When was Karban founded?
Karban was founded in 2021 and raised its 1st funding round 3 years after it was founded.
Where is Karban located?
Karban is headquartered in Jaipur, India. It is registered at Jaipur, Rajasthan, India.
Who is the current CEO of Karban?
Karan Bansal is the current CEO of Karban. They have also founded this company.
Is Karban a funded company?
Karban is a funded company, having raised a total of $1.07M across 1 funding round to date. The company's 1st funding round was a Seed of $1.07M, raised on Feb 01, 2024.
How many employees does Karban have?
As of Apr 07, 2024, the latest employee count at Karban is 1.
What does Karban do?
Karban was founded in 2021 in Jaipur, India, and operates in the manufacturing sector focused on home appliances. Bladeless ceiling fans are produced, incorporating air purification and lighting functions into a single unit. Advanced airflow technology is utilized to ensure efficient air circulation and energy use. Indoor air quality is addressed through the purifier, while the design accommodates various interior settings. Operations emphasize quiet performance and modern aesthetics.
Who are the top competitors of Karban?
What products or services does Karban offer?
Karban offers Airzone, Airzone Lite, and Filters.
Who are Karban's investors?
Karban has 17 investors. Key investors include Urban Company, Angel List, All In Capital, IIMA, and Titan Capital.
What is Karban's valuation?
The valuation of Karban is $4.91M as of Feb 2024.
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