About Karvish
Karvish is a Technology company based in Ahmedabad (India) founded in 2018. Cybersecurity, managed IT, and related services are offered by Karvish. Karvish has raised $36.48 thousand across 1 funding round from investors including Trifecta Capital. Its Indian entity Karvish Enterprise Private Limited reported revenue of ₹45.6 Lakh. Karvish offers products and services including Fitness Pro League, SpalonSoft, Evident InfoCom, Cyber Security, and IT Managed Services. Its focus areas include Business Services, IT Services and Suite. Its competitors include Happiest Minds and Datamatics; 2 of its 2 listed competitors have raised funding.
Company details
Karvish was established in 2018 in Ahmedabad, India, focusing on the information technology sector. Cybersecurity solutions and managed IT services are provided to clients, along with additional support functions. Operations are centered in the Indian market, with services delivered through a domain-based online presence. The company maintains a presence in providing essential tech infrastructure and security measures for businesses.
- Headquarters Ahmedabad, India
- SectorsTechnology
- Email••••••••
- Website karvish.com
- Legal Name Karvish Enterprise Private Limited
- Date of Incorporation 23 Oct, 2018
- Jurisdiction Ahmedabad, Gujarat, India
- Annual Revenue₹45.6 Lakh
FY 2024 · +125% YoY
- Net Loss-₹1.8 Lakh
FY 2024 · -4% margin
- EBITDA₹19.1 Lakh
FY 2024 · 42% margin
- Total Equity Funding$36.48K (USD)
in 1 rounds
- Latest Funding Round$36.48K (USD), Seed
Aug 2023
- Investors
Associated legal entities of Karvish
Karvish operates through Karvish Enterprise 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 |
|---|---|---|---|---|---|---|---|
| Karvish Enterprise Private Limited CIN U93090GJ2018PTC104880 | Active | 23 Oct 2018 | Ahmedabad, Gujarat | ₹0.5 Cr | 3 | View details |
Products & Services of Karvish
Karvish offers a comprehensive portfolio of products and services, including Fitness Pro League, SpalonSoft, Evident InfoCom, Cyber Security, and IT Managed Services.
Software for efficient management of sports clubs and customer relations.
Tool for handling bookings, inventory, and operations in wellness centers.
Solutions for ISP operations including broadband and security services.
Provides data privacy and threat detection for business compliance.
Offers hardware and network management for various IT requirements.
Develops CRM and workflow systems tailored to specific business needs.
Funding Insights of Karvish
Karvish has successfully raised a total of $36.48K through 1 strategic funding round. The most recent funding activity was a Seed round of $36.48 thousand completed in August 2023. 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 $36,480
- Total Rounds 1
- Last Round Seed — $36,480
- First Round $36,480
(Aug 2023)
- Investors Count 1
All 1 funding rounds of Karvish with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2023 | $36,480 | Seed | – | Trifecta Capital | – |
1 investors in total: 1 institutional.
Investors in Karvish
Karvish has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Trifecta Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private debt and equity funds are managed for technology sectors. | trifectacapital.in | Gurugram, India |
Investor details for Karvish
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Karvish Enterprise Private Limited (Karvish)
Karvish Enterprise Private Limited is the primary company behind Karvish. The board of Karvish Enterprise Private Limited currently have 3 directors; the longest-serving is Deepakkumar Shivabhai Solanki, appointed in 2018.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Deepakkumar Shivabhai Solanki DIN 08264010 | Director | 23 Oct 2018 | 8 yrs | Karvish Enterprise Private Limited |
| Karishma Vishal Solanki DIN 08264011 | Director | 23 Oct 2018 | 8 yrs | Karvish Enterprise Private Limited |
| Vishal Deepak Solanki DIN 07149715 | Director | 11 Dec 2023 | 2 yrs 10 mo | Karvish Enterprise Private Limited |
Financials of Karvish
Figures of Karvish Enterprise Private Limited, the primary company behind Karvish, for FY 2024. Revenue was ₹45.6 Lakh (+125% year on year). Net loss was -₹1.8 Lakh (-4% margin). EBITDA was ₹19.1 Lakh (42% margin). Revenue has grown at a compounded annual rate of +165% over three years.
- ₹45.6 LakhRevenue · FY 2024 · +125% YoY
- -₹1.8 LakhNet loss · -4% margin
- ₹19.1 LakhEBITDA · 42% margin
- ₹1 LakhPaid-up capital
- +165%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Karvish Enterprise Private Limited are on its company page.
Detailed financial statements for Karvish
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Karvish
2 dated milestones of Karvish across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Karvish is founded.
- Funding First funding round of $36K.
Competitors of Karvish
Karvish has 2 listed competitors in our database, 2 of them funded. They include Happiest Minds and Datamatics.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| happiestminds.com | 2011 | Bengaluru, India | $64.83M | 4,517 | IT outsourcing services are delivered across multiple business lines. | |
| datamatics.com | 1975 | Mumbai, India | $3M | 5,875 | Cloud-based text analytics and cognitive automation services are provided. |
Detailed competitors of Karvish
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
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Frequently Asked Questions about Karvish
Karvish was founded in 2018 and raised its 1st funding round 5 years after it was founded.
Karvish is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
Karvish is a funded company, having raised a total of $36.48K across 1 funding round to date. The company's 1st funding round was a Seed of $36.48K, raised on Aug 2023.
The primary company behind Karvish, Karvish Enterprise Private Limited, reported revenue of ₹45.6 Lakh for FY 2024, up 125% year on year.
Karvish was established in 2018 in Ahmedabad, India, focusing on the information technology sector. Cybersecurity solutions and managed IT services are provided to clients, along with additional support functions. Operations are centered in the Indian market, with services delivered through a domain-based online presence. The company maintains a presence in providing essential tech infrastructure and security measures for businesses.
Karvish's top competitors include Happiest Minds and Datamatics.
Karvish offers Fitness Pro League, SpalonSoft, Evident InfoCom, Cyber Security, and 2 more products and services.
Karvish has 1 investor. Key investors include Trifecta Capital.
Karvish operates through Karvish Enterprise Private Limited.
The legal entities of Karvish currently have 3 directors, including Deepakkumar Shivabhai Solanki, Karishma Vishal Solanki, Vishal Deepak Solanki.