About KarConnect
KarConnect is a Transportation, Automotive & Logistics company based in Ahmedabad (India) founded in 2016 by Ketan Raval. It provides vehicle diagnosis and driving analysis solutions for safety. It operates on a B2C model. Its chief executive, as recorded, is Ketan Raval. Its Indian entity Drivesmart Telematics Private Limited reported revenue of ₹10.6 Lakh. Its focus areas include Automotive, Vehicle Services, Diagnosis and Analysis and Driving Solutions. Its competitors include CaRPM and AutoWiz; 2 of its 2 listed competitors have raised funding.
Company details
KarConnect, established in 2016, excels in dealing with automotive parts, vehicle services, diagnosis and analysis, and driving solutions. Provides vehicle diagnosis and driving analysis solutions for safety. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
- Headquarters Ahmedabad, India
- Founders Ketan Raval
- SectorsTransportation, Automotive & Logistics
- Website karconnect.com
- Social X Facebook
- Legal Name Drivesmart Telematics Private Limited
- Date of Incorporation 21 Nov, 2016
- Jurisdiction Ahmedabad, Gujarat, India
- Annual Revenue₹10.6 Lakh
FY 2018 · +80% YoY
- Net Loss-₹18,081
FY 2018 · -2% margin
- EBITDA-₹18,081
FY 2018 · -2% margin
Associated legal entities of KarConnect
KarConnect operates through Drivesmart Telematics Private Limited (strike off). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2018) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Drivesmart Telematics Private Limited CIN U29309GJ2016PTC094428 | Strike Off | 21 Nov 2016 | Ahmedabad, Gujarat | ₹0.1 Cr | 2 | View details |
Board of directors of Drivesmart Telematics Private Limited (KarConnect)
Drivesmart Telematics Private Limited is the primary company behind KarConnect. The board of Drivesmart Telematics Private Limited currently have 2 directors; the longest-serving is Binita Ketankumar Raval, appointed in 2016.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Binita Ketankumar Raval DIN 07061244 | Director | 21 Nov 2016 | 9 yrs 11 mo | Drivesmart Telematics Private Limited |
| Ketankumar Batukbhai Raval DIN 06482632 | Director | 21 Nov 2016 | 9 yrs 11 mo | Drivesmart Telematics Private Limited |
People of KarConnect
1 people are tracked at KarConnect (1 in leadership).
| Name | Role | Group |
|---|---|---|
Ketan Raval | Founder, CEO | Leadership |
Complete people profiles for KarConnect
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Financials of KarConnect
Figures of Drivesmart Telematics Private Limited, the primary company behind KarConnect, for FY 2018. Revenue was ₹10.6 Lakh (+80% year on year). Net loss was -₹18,081 (-2% margin). EBITDA was -₹18,081 (-2% margin).
- ₹10.6 LakhRevenue · FY 2018 · +80% YoY
- -₹18,081Net loss · -2% margin
- -₹18,081EBITDA · -2% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Drivesmart Telematics Private Limited are on its company page.
Detailed financial statements for KarConnect
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Competitors of KarConnect
KarConnect has 2 listed competitors in our database, 2 of them funded. They include CaRPM and AutoWiz.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| carpm.in | 2015 | Gurugram, India | $100,000 | 28 | Car performance is monitored using OBD-II technology for real-time data. | |
| autowiz.in | 2015 | Bengaluru, India | $130,054 | Connected vehicle data analytics platform and applications are provided. |
Detailed competitors of KarConnect
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Frequently Asked Questions about KarConnect
KarConnect was founded in 2016.
KarConnect is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
Ketan Raval is the CEO of KarConnect, as recorded in our data. They have also founded this company.
The primary company behind KarConnect, Drivesmart Telematics Private Limited, reported revenue of ₹10.6 Lakh for FY 2018, up 80% year on year.
KarConnect, established in 2016, excels in dealing with automotive parts, vehicle services, diagnosis and analysis, and driving solutions. Provides vehicle diagnosis and driving analysis solutions for safety. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
KarConnect operates through Drivesmart Telematics Private Limited.
The legal entities of KarConnect currently have 2 directors, including Binita Ketankumar Raval, Ketankumar Batukbhai Raval.