About Karsan
Karsan is a company based in Turkey. It operates as a Direct-to-Consumer (D2C), and Mobility-as-a-Service. Karsan has completed 1 acquisition, including Industria Italiana Autobus. Karsan offers products and services including e-ATA Series, e-JEST, and Autonomous e-ATAK.
- Headquarter Turkey
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Sectors
Transportation, Automotive & Logistics
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Phone
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Website
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Social
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Annual Revenue
$307.39 M (USD)1.4as on Dec 31, 2024
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Net Profit
$1.57 M (USD)-90.02as on Dec 31, 2024
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EBITDA
$37.05 M (USD)58.36as on Dec 31, 2024
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Latest Funding Round
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Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Karsan
Karsan offers a comprehensive portfolio of products and services, including e-ATA Series, e-JEST, and Autonomous e-ATAK. 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.
Electric buses are offered for urban transportation solutions.
Electric minibuses are provided for city transport needs.
Autonomous buses are developed for future urban mobility.
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Funding Insights of Karsan
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Investments & Acquisitions by Karsan
Karsan has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Industria Italiana Autobus. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Buses for public transport are manufactured in Italy.
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2014 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Karsan
| 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 |
Karsan Comparisons
Competitors of Karsan
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Karsan
Frequently Asked Questions about Karsan
Where is Karsan located?
Karsan is headquartered in Turkey.
What is the annual revenue of Karsan?
Annual revenue of Karsan is $307.39M as on Dec 31, 2024.
What does Karsan do?
Karsan is involved in the production of electric and autonomous buses for urban transportation. The company operates within the automotive sector, focusing on sustainable mobility solutions. A range of vehicles, including the e-ATA series, e-JEST, and Autonomous e-ATAK, are developed to address modern city transport needs. Emphasis is placed on innovation with hydrogen-powered and electric vehicle technologies. Integrated services and after-sales support are also provided to enhance customer experience in various markets.
What products or services does Karsan offer?
Karsan offers e-ATA Series, e-JEST, and Autonomous e-ATAK.
How many acquisitions has Karsan made?
Karsan has made 1 acquisition, including Industria Italiana Autobus.