About Karnival
Karnival is a company based in Bengaluru (India) founded in 2019 by Himanshu Mishra and Siddharth Mishra. Karnival has raised $285 thousand across 2 funding rounds from investors including Angel List, Wellfound and We Founder Circle. Karnival offers products and services including Interactive Digital Receipts, Marketing Automation, Loyalty Points, and Ratings and Reviews. Karnival operates in a competitive market with competitors including Microblink, Pi-xcels, Snapcart, flexEngage and Slip, among others.
- Headquarter Bengaluru, India
- Founders Himanshu Mishra, Siddharth Mishra
- Stage Minicorn
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Sectors
Retail
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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 Karnival Internet Technologies Private Limited
- Date of Incorporation 20 Nov, 2019
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$488.18 K (USD)104.37as on Mar 31, 2023
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Net Profit
-$70.51 K (USD)12.69as on Mar 31, 2023
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EBITDA
-$49.22 K (USD)-22.77as on Mar 31, 2023
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Total Equity Funding
$285 K (USD)
in 2 rounds
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Latest Funding Round
$250 K (USD), Seed
Apr 07, 2021
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Investors
Angel List
& 25 more
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Employee Count
Not available
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Products & Services of Karnival
Karnival offers a comprehensive portfolio of products and services, including Interactive Digital Receipts, Marketing Automation, Loyalty Points, and Ratings and Reviews.
Platform for sending secure digital receipts via multiple channels
System for personalized marketing campaigns and customer engagement
Tool for managing loyalty rewards and customer incentives
Platform for collecting and moderating product reviews
People of Karnival
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Funding Insights of Karnival
Karnival has successfully raised a total of $285K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $250 thousand completed in April 2021. 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 Karnival
Karnival has secured backing from 26 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Angel List, Wellfound and We Founder Circle.
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Investment in early-stage startups and global community support.
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Investing in pre-seed to Series A startups across various sectors in India.
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Venture capital firm focused on early-stage investments
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Investor details for Karnival
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by Karnival
Investment portfolio details for Karnival
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- Transaction dates
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Financial Statements - Karnival
Detailed financials for Karnival
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Karnival Comparisons
Peer comparison for Karnival
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Competitors of Karnival
Karnival 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 Microblink, Pi-xcels, Snapcart, flexEngage and Slip, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Platform offering card scanning apps-based consumer payments
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E-receipt solutions are offered to retailers via NFC technology.
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App-based platform offering reward-based solution for customers
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Provider of personalized post-purchase communications solution for businesses
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Programming courses are created and sold through a SaaS platform.
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Platform offering contract creation solution
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Detailed competitors of Karnival
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Latest news on Karnival
Complete news archive for Karnival
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Frequently Asked Questions about Karnival
Karnival was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Karnival is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Siddharth Mishra is the current CEO of Karnival. They have also founded this company.
Karnival is a funded company, having raised a total of $285K across 2 funding rounds to date.
Annual revenue of Karnival is $488.18K as on Mar 31, 2023.
Karnival was founded in 2019 in Bengaluru, India, as a platform in the retail technology sector. Digital receipts are issued to customers by merchants during payment processing. A dashboard is provided for merchants to search customer data and dispatch e-receipts. Operations are supported through marketing tools, personalized interactions, surveys, and feedback mechanisms for retailers. Carbon emissions are minimized by replacing paper receipts.
Karnival's top competitors include Microblink, Pi-xcels and flexEngage.
Karnival offers Interactive Digital Receipts, Marketing Automation, Loyalty Points, and Ratings and Reviews.
Karnival has 26 investors. Key investors include Angel List, Wellfound, We Founder Circle, Dholakia Ventures, and 3to1 Capital.
The valuation of Karnival is $2.06M as of Apr 2021.