About Karomi
Karomi is a company based in Chennai (India) founded in 1999 by Sujatha Subramanian and Vilva Natarajan.. Karomi has raised $2.71 million across 4 funding rounds from investors including Cornerstone Venture Partners Fund, Ideaspring Capital and Sridhar Alagar. The company has 129 employees as of April 07, 2024. Karomi offers products and services including Copy Management, Adobe Plugin, Proofing & Compare, and DAM & eCommerce Integration. Karomi operates in a competitive market with competitors including Veeva Systems, Sygnature Discovery, Instem, Dotmatics and Strateos, among others.
- Headquarter Chennai, India
- Employees 129 as on 07 Apr, 2024
- Founders Sujatha Subramanian, Vilva Natarajan
- Stage Minicorn
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Sectors
HealthcareIndustrial Goods & Manufacturing
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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 Karomi Technology Private Limited
- Date of Incorporation 12 Dec, 1997
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$1.37 M (USD)29.99as on Mar 31, 2022
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Net Profit
$41.4 K (USD)35.57as on Mar 31, 2022
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EBITDA
$191.22 K (USD)10.56as on Mar 31, 2022
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Total Equity Funding
$2.71 M (USD)
in 4 rounds
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Latest Funding Round
$2 M (USD), Unspecified
Jun 16, 2022
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Investors
Cornerstone Venture Partners Fund
& 8 more
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Employee Count
129
as on Apr 07, 2024
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Products & Services of Karomi
Karomi offers a comprehensive portfolio of products and services, including Copy Management, Adobe Plugin, Proofing & Compare, and DAM & eCommerce Integration. 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.
Tool for creating, approving, and managing packaging content easily.
Integrates content into Adobe tools for error-free artwork design.
Uses AI to proofread and compare artworks for accuracy.
Centralizes digital assets for eCommerce and packaging supply chains.
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Funding Insights of Karomi
Karomi has successfully raised a total of $2.71M across 4 strategic funding rounds. The most recent funding activity was a Unspecified round of $2 million completed in June 2022. 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 4
- Last Round Unspecified — $2.0M
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First Round
First Round
(15 Oct 2014)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2022 | Amount | Unspecified - Karomi | Valuation | Cornerstone Venture Partners Fund | |
| Jan, 2017 | Amount | Unspecified - Karomi | Valuation | Ideaspring Capital |
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| Oct, 2016 | Amount | Unspecified - Karomi | Valuation | Sridhar Alagar |
| 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 Karomi
Karomi has secured backing from 9 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Cornerstone Venture Partners Fund, Ideaspring Capital and Sridhar Alagar. 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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Venture capital fund investing in B2B technologies and enterprise solutions in India.
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Founded Year | Domain | Location | |
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Early-stage investments are provided to technology startups by Ideaspring Capital.
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Founded Year | Domain | Location | |
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Aircraft asset management, support, and leasing services are offered.
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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 Karomi
| 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 - Karomi
| 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 |
Karomi Comparisons
Competitors of Karomi
Karomi 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 Veeva Systems, Sygnature Discovery, Instem, Dotmatics and Strateos, 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 |
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| domain | founded_year | HQ Location |
Cloud-based data management solutions for healthcare are provided.
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| domain | founded_year | HQ Location |
Services and products for integrated drug discovery are provided.
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| domain | founded_year | HQ Location |
Software for life science data collection and analysis is provided.
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| domain | founded_year | HQ Location |
AI powered scientific data management and workflow automation solutions
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| domain | founded_year | HQ Location |
Provider of cloud based platform provides data driven information for biotech research
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| domain | founded_year | HQ Location |
Databases and analytics for drug discovery are provided.
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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 Karomi
Frequently Asked Questions about Karomi
When was Karomi founded?
Karomi was founded in 1999 and raised its 1st funding round 15 years after it was founded.
Where is Karomi located?
Karomi is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Who is the current CEO of Karomi?
Vilva Natarajan is the current CEO of Karomi. They have also founded this company.
Is Karomi a funded company?
Karomi is a funded company, having raised a total of $2.71M across 4 funding rounds to date. The company's 1st funding round was a Unspecified of $105.13K, raised on Oct 15, 2014.
How many employees does Karomi have?
As of Apr 07, 2024, the latest employee count at Karomi is 129.
What is the annual revenue of Karomi?
Annual revenue of Karomi is $1.37M as on Mar 31, 2022.
What does Karomi do?
Karomi is an AI-based packaging and labeling software solution. The product offerings include ManageArtworks, an AI-based packaging analysis solution; Manage BOM, a solution for managing billing of materials with features as BOM entry, BOM approval, BOM analysis, etc.; Manage Specification, a solution to create, revise, share, analyze and audit packaging and print solution; Manage CopyText, a ML-based solution to copy packaging text. The clientele includes Dr.Reddys, Pilgrims, Aurobindo, Godrej, Nivea, Asian paints, Parksons Packaging LTD, Amul, etc.
Who are the top competitors of Karomi?
Karomi's top competitors include Veeva Systems, Dotmatics and Sygnature Discovery.
What products or services does Karomi offer?
Karomi offers Copy Management, Adobe Plugin, Proofing & Compare, and DAM & eCommerce Integration.
Who are Karomi's investors?
Karomi has 9 investors. Key investors include Cornerstone Venture Partners Fund, Ideaspring Capital, Sridhar Alagar, Anand Venkatesan, and Srikanth C.
What is Karomi's valuation?
The valuation of Karomi is $13.66M as of Jun 2022.