About Karma Management
Karma Management is a company based in Mumbai (India) founded in 2004. It operates as a B2B and SaaS. Karma Management offers products and services including WeChecked, WeProcess, and Payroll Services. Karma Management operates in a competitive market with competitors including Randstad, ADP, Alera Group, UKG and Insperity, among others.
- Headquarter Mumbai, India
- SectorsBusiness Services
- Email••••••••
- Phone•••• ••••
- Website karmamgmt.com
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Karma Management Global Consulting Solutions Private Limited
- Date of Incorporation 15 Apr, 2004
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹90.99 Cr
FY 2024 · +17% YoY
- Net Profit₹0.58 Cr
FY 2024 · 1% margin
- EBITDA₹2.31 Cr
FY 2024 · 3% margin
Associated legal entities of Karma Management
Karma Management operates through Karma Management Global Consulting Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Karma Management Global Consulting Solutions Private Limited CIN U74140MH2004PTC145685 | Active | 15 Apr 2004 | Mumbai, Maharashtra | ₹91.0 Cr | 3,522 | 3 | View details |
Products & Services of Karma Management
Karma Management offers a comprehensive portfolio of products and services, including WeChecked, WeProcess, and Payroll Services.
Platform for real-time compliance verification and audit management
AI-enabled tool for handling regulatory documentation and records
Services for precise salary processing and statutory compliance
Apps and channels of Karma Management
its YouTube channel Karma Management Consultants Pvt. Ltd. has 171 subscribers and 30 videos.
Videos from Karma Management
The most watched videos on Karma Management's YouTube channel, Karma Management Consultants Pvt. Ltd. (171 subscribers). Click a video to play it here.
Board of directors of Karma Management Global Consulting Solutions Private Limited (Karma Management)
Karma Management Global Consulting Solutions Private Limited is the primary company behind Karma Management. The board of Karma Management Global Consulting Solutions Private Limited currently have 3 directors; the longest-serving is Pratik Kishor Vaidya, appointed in 2004. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Pratik Kishor Vaidya DIN 00780770 | Managing Director | 15 Apr 2004 | 22 yrs 5 mo | Karma Management Global Consulting Solutions Private Limited |
| Komal Pratik Vaidya DIN 07725094 | Director | 04 Feb 2017 | 9 yrs 8 mo | Karma Management Global Consulting Solutions Private Limited |
| Smita Kishor Vaidya DIN 07726594 | Director | 04 Feb 2017 | 9 yrs 8 mo | Karma Management Global Consulting Solutions Private Limited |
People of Karma Management
2 people are tracked at Karma Management (2 in leadership).
| Name | Role | Group |
|---|---|---|
| founder | Leadership | |
| founder | Leadership |
Complete people profiles for Karma Management
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Financials of Karma Management
Figures of Karma Management Global Consulting Solutions Private Limited, the primary company behind Karma Management, for FY 2024. Revenue was ₹90.99 Cr (+17% year on year). Net profit was ₹0.58 Cr (1% margin). EBITDA was ₹2.31 Cr (3% margin). Revenue has grown at a compounded annual rate of +17% over three years and +5% over five years.
- ₹90.99 CrRevenue · FY 2024 · +17% YoY
- ₹0.58 CrNet profit · 1% margin
- ₹2.31 CrEBITDA · 3% margin
- ₹0.01 CrPaid-up capital
- 3,522Employees (provident fund records)
- +17%Revenue CAGR, 3 years
- +5%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Karma Management Global Consulting Solutions Private Limited are on its company page.
Detailed financial statements for Karma Management
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Verified entity values are shown only after access is granted.
Competitors of Karma Management
Karma Management 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 Randstad, ADP, Alera Group, UKG and Insperity, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| randstad.com | 1960 | Diemen, Netherlands | – | – | HR consulting, recruitment, and outsourcing services are offered worldwide. | |
| adp.com | 1949 | Roseland, United States | – | 44 | Cloud-based HR management solutions are offered for payroll and compliance. | |
| aleragroup.com | 1995 | Deerfield, United States | $250M | – | HR, insurance, and liability services are provided by Alera Group. | |
| ukg.com | 1977 | Weston, United States | $6.09M | – | Provider of HR and payroll & workforce management solutions | |
| insperity.com | 1986 | Kingwood, United States | – | 4,400 | HR outsourcing services are provided to businesses by Insperity. | |
| cielhr.com | 2015 | Bengaluru, India | $7.59M | 1,034 | HR management, recruitment, and staffing services are provided. | |
| wanted.co.kr | 2015 | Seoul, South Korea | $9M | – | HR management services are provided by Wanted in South Korea. | |
| hr-path.com | 2001 | Nanterre, France | $1.06B | – | HR and payroll outsourcing plus consulting services are provided. | |
| gigroup.com | 1998 | Milan, Italy | – | – | End-to-end HR services are provided globally by Gi Group. | |
| bullhorn.com | 1999 | Boston, United States | $26M | 876 | Cloud-based ATS and CRM systems are offered for staffing agencies. |
Detailed competitors of Karma Management
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Verified entity values are shown only after access is granted.
Web traffic of Karma Management
The website of Karma Management (karmamgmt.com) receives about 18.5K visits a month.
- Monthly visits18.5K
▼ 4.8% vs previous month
Websites whose visitors overlap most with Karma Management. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| companysuggestion.com | 100% | – | #3,331,543 | View details | |
bareactslive.com | bareactslive.com | 95% | – | #1,610,413 | – |
| theleaflet.in | 83% | 185.9K | #262,821 | View details | |
thc.nic.in | thc.nic.in | 83% | – | #483,884 | – |
ncib.in | ncib.in | 83% | – | #612,939 | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 16 similar websites and full traffic analytics for Karma Management
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 16 similar websites
- Audience overlap
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Similar companies to Karma Management
10 companies that operate in the same segment as Karma Management (Governance, Risk & Compliance (GRC) Services), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Testing, inspection, and certification services are provided to industrial sectors. | 1996 | Barcelona, Catalonia, Spain | – | USD 643.16 K | 24 | |
Risk management and operational support services are delivered globally. | 2010 | Reston, Virginia, United States | – | – | 1,502 | |
Provider of natural gas, crude oil, and petroleum products exploration services | 1882 | Irving, Texas, United States | – | USD 323.9 B | 61,000 | |
Marsh is recognized as a global leader in insurance broking and risk management. | 1871 | New York, New York, United States | – | – | – | |
Shipping, food ingredients, and industrial technology services are provided. | 1929 | Helsinki, Finland | – | USD 551.17 M | 800 | |
Technology solutions are provided to credit unions for operational efficiency. | 2009 | St. Petersburg, Florida, United States | – | – | 2,448 | |
Compliance support and risk management services are provided. | 2015 | London, England, United Kingdom | – | – | – | |
Compliance evaluation and certification services are provided worldwide. | 1828 | Paris, France | – | USD 7.6 B | 84,250 | |
Compliance and risk management solutions are provided by Youverify. | 2017 | Lagos, Lagos State, Nigeria | USD 5 M | – | – | |
Engineering and environmental risk consulting services are provided. | 1989 | Frodsham, Cheshire, United Kingdom | USD 646.99 M | – | – |
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Frequently Asked Questions about Karma Management
Karma Management was founded in 2004.
Karma Management is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
The primary company behind Karma Management, Karma Management Global Consulting Solutions Private Limited, reported revenue of ₹90.99 Cr for FY 2024, up 17% year on year.
Karma Management Global Consulting Solutions Pvt. Ltd. specializes in payroll management, labor law compliance, HR outsourcing, and audits to ensure businesses adhere to regulations. They provide tools like WeChecked for compliance verification and WeProcess for document automation. Headquartered in Mumbai, India, they serve clients across industries with customized solutions and global reach, promoting ethical practices and risk mitigation.
Karma Management's top competitors include Randstad, CIEL HR and Alera Group.
Karma Management offers WeChecked, WeProcess, and Payroll Services.
Karma Management operates through Karma Management Global Consulting Solutions Private Limited.
The legal entities of Karma Management currently have 3 directors, including Komal Pratik Vaidya, Smita Kishor Vaidya, Pratik Kishor Vaidya.