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. 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.
- Annual Revenue$283.41 M (USD)4as on Mar 31, 2019
- Net Profit$15.11 M (USD)26as on Mar 31, 2019
- EBITDA$62.6 M (USD)-15as on Mar 31, 2019
- Total Equity Funding$32.92M (USD)
in 1 rounds
- Latest Funding Round$32.92M (USD), Private Equity Round
Nov 2007
- InvestorsICICI Venture
& 1 more
- Employee Count13
Associated legal entities of Karvy
Karvy is associated with 21 registered companies on The Company Check. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Karvy Innotech Limited CIN U93000DL2012PLC242938 | Active | 28 Sep 2012 | New Delhi, Delhi | ₹57.7 Cr | 491 | 6 | View details |
| Karvy Digikonnect Limited CIN U84200DL1992PLC219215 | Active | 13 Jul 1992 | New Delhi, Delhi | ₹234 Cr | 1 | 3 | View details |
| Karvy Consultants Limited CIN U74140TG1981PLC003122 | Active | 23 Jul 1981 | Hyderabad, Telangana | ₹150 Cr | 3 | 3 | View details |
| Karvy Insights Limited CIN U73200TG2015PLC097698 | Active | 19 Feb 2015 | Hyderabad, Telangana | ₹31.7 Cr | 28 | 3 | View details |
| Karvy Next Limited CIN U72900TG2017PLC119880 | Active | 04 Oct 2017 | Hyderabad, Telangana | ₹80.4 Cr | 1 | 3 | View details |
| Karvy Insurance Repository Limited CIN U72900TG2011PLC077244 | Active | 03 Nov 2011 | Hyderabad, Telangana | ₹17.3 Cr | 13 | 6 | View details |
| Karvy Broking (Ifsc) Limited CIN U65999GJ2017PLC095665 | Active | 07 Feb 2017 | Gift, Gujarat, India | – | – | – | View details |
| Karvy Investor Services Limited CIN U67120TG1997PLC026253 | Active | 24 Jan 1997 | Hyderabad, Telangana, India | – | – | – | View details |
| Karvy Investment Advisory Serviceslimited CIN U67110TG2003PLC041680 | Active | 11 Sep 2003 | Hyderabad, Telangana, India | – | – | – | View details |
| Karvy Realty (India) Limited CIN U66010TG2003PLC041681 | Active | 11 Sep 2003 | Telangana, India | – | – | – | View details |
| Karvy Holdings Limited CIN U65993TG2011PLC077813 | Active | 05 Dec 2011 | Hyderabad, Telangana, India | – | – | – | View details |
| Karvy Global Services Limited CIN U65993TG2000PLC035437 | Active | 10 Oct 2000 | Banjara Hills, Hyd-34., Telangana, India | $130,000 | – | – | View details |
| Karvy Forex & Currencies Private Limited CIN U65910TG2008PTC120871 | Active | 05 Aug 2008 | Hyderabad, Telangana, India | – | – | – | View details |
| Karvy Infrastructure Resources Private Limited CIN U45400TG2009PTC062776 | Active | 13 Feb 2009 | Hyderabad, Telangana, India | – | – | – | View details |
| Karvy Realty & Services Limited CIN U45400TG2008PLC059067 | Active | 08 May 2008 | Hyderabad, Telangana, India | – | – | – | View details |
| Karvy Renewable Energy Projects Limited CIN U74999TG2016PLC110676 | Active | 04 Jul 2016 | Hyderabad, Telangana, India | – | – | – | View details |
| Karvy Analytics Limited CIN U74900TG2015PLC097851 | Active | 02 Mar 2015 | Hyderabad, Telangana, India | – | – | – | View details |
| Greenko Solar Power (Medak) Limited CIN U74900TG2015PLC097413 | Active | 28 Jan 2015 | Hyderabad, Telangana, India | $3.0M | – | – | View details |
| Karvy Forde Search Private Limited CIN U74140TG2001PTC036741 | Active | 17 May 2001 | Hyderabad, Telangana, India | – | – | – | View details |
| Karvy Comtrade Ltd CIN U51909TG2003PLC042096 | Active | 20 Nov 2003 | Banjara Hills, Hyderabad-34, Telangana, India | – | – | – | View details |
| Karvy Stock Broking Limited CIN U67120TG1995PLC019877 | Active | 30 Mar 1995 | Hyderabad, Telangana, India | $283.0M | – | – | View details |
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 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 $32.92M
- Total Rounds 1
- Last Round Private Equity Round — $32.92M
- First Round $32.92M
(Nov 2007)
- Investors Count 2
All 1 funding rounds of Karvy 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 |
|---|---|---|---|---|---|
| Nov 2007 | $32.92M | Private Equity Round | $239.56M | ICICI Venture |
| Date | Valuation | Stage |
|---|---|---|
| Nov 2007 | $239.56M | •••••••• |
Last known valuation $239.56M (Nov 2007). 2 investors in total: 2 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Alternative asset management and investment services in India. | 1988 | iciciventure.com | Mumbai, India | |
Private equity and real estate investment firm | 1997 | bpeasia.com | Beijing, China |
Investor details for Karvy
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Karvy
The boards of the 6 registered companies of Karvy currently have 16 directors; the longest-serving is Comandur Parthasarathy, appointed in 1981. 83 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Comandur Parthasarathy DIN 00079232 | Director | 23 Jul 1981 | 45 yrs 2 mo | Karvy Consultants Limited |
| Siva Ramakrishna Mulpuri DIN 00021606 | Director | 23 Nov 1981 | 44 yrs 10 mo | Karvy Consultants Limited |
| Mahesh Vijayagopal DIN 00800219 | Director | 30 Nov 2011 | 14 yrs 10 mo | Karvy Insurance Repository Limited, Karvy Next Limited, Karvy Insights Limited, Karvy Digikonnect Limited |
| Adhiraj Parthasarathy DIN 01507771 | Director | 19 Feb 2015 | 11 yrs 7 mo | Karvy Insights Limited |
| Gopal Kandadai DIN 00306607 | Director | 20 Mar 2015 | 11 yrs 6 mo | Karvy Insurance Repository Limited |
| Nowroze Jamshed Vazifdar DIN 01240467 | Director | 26 Aug 2015 | 11 yrs 1 mo | Karvy Insurance Repository Limited |
| Ranjit Somnath Chib DIN 07329676 | Director | 01 Dec 2015 | 10 yrs 10 mo | Karvy Insights Limited |
| Ravi Venkatraman DIN 02738479 | Managing Director | 15 Jun 2018 | 8 yrs 3 mo | Karvy Innotech Limited |
| Murali Krishna Chakka DIN 07731022 | Director | 24 Jul 2020 | 6 yrs 2 mo | Karvy Insurance Repository Limited |
| Bharat Naidu Bobbili DIN 06392666 | Additional Director | 03 Sep 2020 | 6 yrs 1 mo | Karvy Consultants Limited |
| Sridhar Gudimella DIN 01008056 | Additional Director | 13 Dec 2021 | 4 yrs 9 mo | Karvy Next Limited, Karvy Digikonnect Limited |
| Phanindra Kumar Alapati DIN 07744863 | Director | 07 Feb 2022 | 4 yrs 8 mo | Karvy Insurance Repository Limited |
| Srinivas Penmetsa Varma DIN 07731030 | Director | 07 Feb 2022 | 4 yrs 8 mo | Karvy Insurance Repository Limited, Karvy Next Limited, Karvy Digikonnect Limited |
| Preetam Kumar Gupta DIN 09706265 | Director | 18 Aug 2022 | 4 yrs 1 mo | Karvy Innotech Limited |
| Katta Sundeep Reddy DIN 06458901 | Additional Director | 01 Dec 2025 | 10 mo | Karvy Innotech Limited |
| Pavani Gajarla DIN 11407172 | Additional Director | 12 Jan 2026 | 8 mo | Karvy Innotech Limited |
Financials of Karvy
Figures of Karvy Insurance Repository Limited, the primary company behind Karvy, for FY 2021. Revenue was ₹17.34 Cr (+8% year on year). Net profit was ₹4.36 Cr (25% margin). EBITDA was ₹4.50 Cr (26% margin). Revenue has grown at a compounded annual rate of +18% over three years and +24% over five years.
- ₹17.34 CrRevenue · FY 2021 · +8% YoY
- ₹4.36 CrNet profit · 25% margin
- ₹4.50 CrEBITDA · 26% margin
- ₹42.00 CrPaid-up capital
- 13Employees (provident fund records)
- +18%Revenue CAGR, 3 years
- +24%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Karvy Insurance Repository Limited are on its company page.
Detailed financial statements for Karvy
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Karvy
3 dated milestones of Karvy across 26 years, from founding to its latest funding, stage changes and deals.
- Founded Karvy is founded.
- Funding First funding round of $32.9M.
- Milestone Reaches Minicorn status.
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.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| fidelity.com | 1946 | Boston, United States | $517.99M | 24,000 | Provider of brokerage accounts, retirement planning, wealth management, and trading platforms | |
| utimf.com | 2001 | Mumbai, India | $142.4M | 1,468 | Mutual funds, portfolio management, and retirement planning services are offered. | |
| bankofamerica.com | 1904 | Charlotte, United States | – | 208,000 | Commercial banking and asset management services are offered worldwide. | |
| spglobal.com | 1917 | New York, United States | $8M | 5,000 | Platform offering business intelligence solutions that combine data and actionable analytics for clients | |
| goldmansachs.com | 1869 | New York, United States | – | 333 | Investment banking services are delivered across multiple financial sectors. | |
| fisglobal.com | 1968 | Jacksonville, United States | – | 22,604 | Software suites for banks and financial institutions are provided. | |
| statestreet.com | 1792 | Boston, United States | – | 46,000 | Financial services are provided to asset managers worldwide. | |
| 360.one | 2008 | Mumbai, India | – | 65 | Asset and wealth management software is provided for businesses. | |
| avendus.com | 1999 | Mumbai, India | $178.14M | 215 | Corporate advisory and investment services are provided to clients. |
Detailed competitors of Karvy
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of Karvy
The website of Karvy (karvy.com) receives about 7.5K visits a month.
- Monthly visits7.5K
▼ 34.2% vs previous month
Websites whose visitors overlap most with Karvy. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| karvymfs.com | 100% | – | – | View details | |
| karvycomputershare.com | 100% | – | – | View details | |
| sharekhan.com | 100% | 1.4M | #24,380 | View details | |
| karvyonline.com | 99% | 7.7K | #3,112,670 | View details | |
| capitalmarket.com | 93% | 81.2K | #358,709 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 23 similar websites and full traffic analytics for Karvy
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Latest news on Karvy
Complete news archive for Karvy
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
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- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Karvy
10 companies that operate in the same segment as Karvy (Asset Management), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of brokerage accounts, retirement planning, wealth management, and trading platforms | 1946 | Boston, Massachusetts, United States | USD 517.99 M | – | – | |
Provides mutual funds management and financial advisory services. | 1987 | Mumbai, Maharashtra, India | – | – | – | |
Global banking, investment, and wealth management services are offered worldwide. | 1974 | London, England, United Kingdom | – | USD 6.37 B | 7,550 | |
Insurance, banking, and wealth management services are provided worldwide. | 1816 | Paris, France | – | USD 128.35 B | 100,040 | |
Diversified investment management services are offered across multiple asset classes. | 2001 | Rio De Janeiro, Rio De Janeiro, Brazil | USD 273 M | – | – | |
Mutual funds, portfolio management, and retirement planning services are offered. | 2001 | Mumbai, Maharashtra, India | USD 142.4 M | USD 180.76 M | 1,840 | |
Investment banking services are delivered across multiple financial sectors. | 1869 | New York, New York, United States | – | USD 126.21 B | 46,500 | |
Universal banking and financial advisory services are provided globally. | 1865 | London, England, United Kingdom | – | USD 141.4 B | 211,000 | |
Insurance and asset management services are offered in multiple regions. | 1696 | London, England, United Kingdom | – | USD 78.79 B | 29,090 | |
Online platform for stock trading, mutual funds, and investment tools. | 1994 | Mumbai, Maharashtra, India | – | – | – |
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Frequently Asked Questions about Karvy
Karvy was founded in 1981 and raised its 1st funding round 26 years after it was founded.
Karvy is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
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 2007.
Karvy has 13 employees.
Annual revenue of Karvy is $283.41M as on Mar 31, 2019.
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.
Karvy's top competitors include Fidelity Investments, UTI Mutual Fund and Goldman Sachs.
Karvy has 2 investors. Key investors include ICICI Venture, and BPEA EQT.
The valuation of Karvy is $239.56M as of Nov 2007.
Karvy is associated with 6 legal entities: Karvy Insurance Repository Limited, Karvy Next Limited, Karvy Insights Limited and others.
The legal entities of Karvy currently have 18 directors, including Phanindra Kumar Alapati, Nowroze Jamshed Vazifdar, Mahesh Vijayagopal and others.