About Karvy
Karvy is a company based in Hyderabad (India) founded in 1981.. Karvy has raised $32.92 million across 1 funding round from investors including ICICI Venture and BPEA EQT. The company has 13 employees as of October 31, 2024. Karvy operates in a competitive market with competitors including Fidelity Investments, UTI Mutual Fund, Bank of America, S&P Global and Goldman Sachs, among others.
- Headquarter Hyderabad, India
- Employees 13 as on 31 Oct, 2024
- Stage Minicorn
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
$283.41 M (USD)4as on Mar 31, 2019
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Net Profit
$15.11 M (USD)26as on Mar 31, 2019
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EBITDA
$62.6 M (USD)-15as on Mar 31, 2019
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Total Equity Funding
$32.92 M (USD)
in 1 rounds
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Latest Funding Round
$32.92 M (USD), Private Equity Round
Nov 16, 2007
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Investors
ICICI Venture
& 1 more
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Employee Count
13
as on Oct 31, 2024
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Funding Insights of Karvy
Karvy has successfully raised a total of $32.92M through 1 strategic funding round. The most recent funding activity was a Private Equity Round round of $32.92 million completed in November 2007. 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 1
- Last Round Private Equity Round — $32.9M
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First Round
First Round
(16 Nov 2007)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2007 | Amount | Private Equity Round - Karvy | Valuation | ICICI Venture |
| 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 Karvy
Karvy has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include ICICI Venture and BPEA EQT. 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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Alternative asset management and investment services in India.
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Founded Year | Domain | Location | |
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Private equity and real estate investment firm
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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
|
Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
|
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 Karvy
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Karvy
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Karvy Comparisons
Competitors of Karvy
Karvy 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 Fidelity Investments, UTI Mutual Fund, Bank of America, S&P Global and Goldman Sachs, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of brokerage accounts, retirement planning, wealth management, and trading platforms
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| domain | founded_year | HQ Location |
Mutual funds, portfolio management, and retirement planning services are offered.
|
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| domain | founded_year | HQ Location |
Commercial banking and asset management services are offered worldwide.
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| domain | founded_year | HQ Location |
Platform offering business intelligence solutions that combine data and actionable analytics for clients
|
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| domain | founded_year | HQ Location |
Investment banking services are delivered across multiple financial sectors.
|
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| domain | founded_year | HQ Location |
Software suites for banks and financial institutions are provided.
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| 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 Karvy
Frequently Asked Questions about Karvy
When was Karvy founded?
Karvy was founded in 1981 and raised its 1st funding round 26 years after it was founded.
Where is Karvy located?
Karvy is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Is Karvy a funded company?
Karvy is a funded company, having raised a total of $32.92M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $32.92M, raised on Nov 16, 2007.
How many employees does Karvy have?
As of Oct 31, 2024, the latest employee count at Karvy is 13.
What is the annual revenue of Karvy?
Annual revenue of Karvy is $283.41M as on Mar 31, 2019.
What does Karvy do?
Karvy was founded in 1981 in Hyderabad, India, as a financial services provider. Operations are centered on wealth management, stock broking, and depository services within the financial sector. The firm handles mutual fund distribution, corporate advisory, and investment solutions for clients across India. Headquarters remain in Hyderabad, with a network supporting regional activities in finance and asset management.
Who are the top competitors of Karvy?
Karvy's top competitors include Fidelity Investments, UTI Mutual Fund and Goldman Sachs.
Who are Karvy's investors?
Karvy has 2 investors. Key investors include ICICI Venture, and BPEA EQT.
What is Karvy's valuation?
The valuation of Karvy is $239.56M as of Nov 2007.