About Karza
Karza is a Financial Services company based in Mumbai (India) founded in 2015 by Alok Kumar, and was acquired by Perfios in February 2022. AI-powered financial data analysis and decision support are provided. It operates in the Financial Services and Technology sectors. Karza has raised $1.18 million across 4 funding rounds from investors including Perfios, Artha India Ventures and Shringar Films. The company has 898 employees. Karza was last valued at $5.44 million in June 2019. Its chief executive, as recorded, is Sabyasachi Goswami. Its website karza.in draws about 98 thousand monthly visits. Its Indian entity Perfios Software Solutions Private Limited reported revenue of ₹683 Cr. Karza offers products and services including Document Analysers, Bank Statement Analyser, ITR Analyser, KYC/KYB, and Liveness Detection. Its focus areas include FinTech, Banking Tech, RegTech and Onboarding KYC and AML.
Company details
Founded in 2015 and based in Mumbai, India, Karza operates in the fintech sector with AI-driven tools for real-time financial data analysis. Insights are generated to aid decision-making processes for banks and insurers. Services encompass document analysis, KYC and KYB compliance, fraud detection, risk assessment, and digital onboarding. Additional capabilities include support for digital lending, customer acquisition, underwriting, claims automation, and background verification for employees and vendors.
- Headquarters Mumbai, India
- Employees 898
- Founders Alok Kumar
- Stage Acquired
- SectorsFinancial ServicesTechnology
- Website category Finance · Investing
- Website karza.in
- Social LinkedIn Facebook Instagram YouTube
- Acquired by Perfios (Feb 2022)
- Legal Name Perfios Software Solutions Pvt. Ltd.
- Date of Incorporation 29 May, 2008
- Jurisdiction Mumbai, Maharashtra, India
Associated legal entities of Karza
Karza is associated with 2 registered companies on The Company Check; the primary company is Perfios Software Solutions Private Limited. 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 |
|---|---|---|---|---|---|---|---|
| Perfios Software Solutions Private Limited CIN U72200MH2008PTC404503 | Active | 29 May 2008 | Mumbai, Maharashtra | ₹683 Cr | 898 | 13 | View details |
| Karza Technologies Private Limited CIN U74120MH2015PTC265316 | Amalgamated | 08 Jun 2015 | Mumbai, Maharashtra | ₹169 Cr | 290 | 4 | View details |
Products & Services of Karza
Karza offers a comprehensive portfolio of products and services, including Document Analysers, Bank Statement Analyser, ITR Analyser, KYC/KYB, and Liveness Detection.
Digitizes documents for automated credit underwriting processes.
Analyzes bank statements to accelerate credit decisions.
Processes ITR data for accurate financial assessments.
Handles customer verification with API integrations.
Verifies user presence to prevent identity fraud.
Apps and channels of Karza
its YouTube channel Perfios has 1.42K subscribers and 30 videos.
Videos from Karza
The most watched videos on Karza's YouTube channel, Perfios (1.42K subscribers). Click a video to play it here.
More on Perfios.
Funding Insights of Karza
Karza has successfully raised a total of $1.18M across 4 strategic funding rounds. 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 $1.18M
- Total Rounds 4
- First Round $74,754
(Oct 2016)
- Investors Count 32
All 4 funding rounds of Karza 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 2020 | Grant | – | – | ||
| Jun 2019 | $717,130 | Seed | $5.44M | Singapore Angel Network | |
| Jul 2017 | $385,174 | Seed | $1.36M | Rupi V Chinoy, Artha India Ventures | |
| Oct 2016 | $74,754 | Angel Round | $••••• | Harish Hansubhai |
| Date | Valuation | Stage |
|---|---|---|
| Jun 2019 | $5.44M | •••••••• |
| Jul 2017 | $1.36M | •••••••• |
Last known valuation $5.44M (Jun 2019). 33 investors in total: 12 institutional and 21 angel.
Investors in Karza
Karza has secured backing from 33 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Perfios, Artha India Ventures and Shringar Films.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Promotion of innovation and digital services in Maharashtra. | 2017 | msins.in | Mumbai, India | |
Multiple sectors receive investments from the venture capital fund. | shanayachinoytrust.tcc.mode | |||
Venture capital firm investing in early-stage startups | fashutannatrust.tcc.mode | |||
Angel network focused on India, Singapore, and U.S based companies | sgan.sg | Singapore, Singapore | ||
Early-stage companies and SMEs are invested in by Eaglewings Ventures. | eaglewings.vc | Mumbai, India | ||
Investment in renewable energy and startups in India. | 2012 | artha.ventures | Mumbai, India | |
| harvesptrust.tcc.mode | ||||
| firozgartrust.tcc.mode | ||||
Manufacturer of apparels for men, women, and children | 1978 | texportgarments.com | Mumbai, India | |
Provides diversified financial services tailored for small and medium enterprises. | 2017 | dibs.life | India |
Investor details for Karza
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 Perfios Software Solutions Private Limited (Karza)
Perfios Software Solutions Private Limited is the primary company behind Karza. The boards of the 2 registered companies of Karza currently have 13 directors; the longest-serving is Debasish Chakraborty, appointed in 2008. 13 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Debasish Chakraborty DIN 02131142 | Director | 29 May 2008 | 18 yrs 4 mo | Perfios Software Solutions Private Limited |
| Velamur Rangachari Govindarajan DIN 00012771 | Whole-time director | 29 May 2008 | 18 yrs 4 mo | Perfios Software Solutions Private Limited |
| Gaurav Vijairaj Samdaria DIN 06797334 | Director | 08 Jun 2015 | 11 yrs 4 mo | Karza Technologies Private Limited |
| Omkar Milind Shirhatti DIN 07122491 | Director | 08 Jun 2015 | 11 yrs 4 mo | Karza Technologies Private Limited |
| Alok Kumar DIN 07710689 | Director | 25 Jan 2017 | 9 yrs 9 mo | Karza Technologies Private Limited |
| Vishal Vijay Gupta DIN 01913013 | Director | 22 Dec 2017 | 8 yrs 10 mo | Perfios Software Solutions Private Limited |
| Ram Narayanan Colathur DIN 00211906 | Director | 31 Jan 2020 | 6 yrs 8 mo | Perfios Software Solutions Private Limited |
| Rama Subramaniam Gandhi DIN 03341633 | Director | 31 Jan 2020 | 6 yrs 8 mo | Perfios Software Solutions Private Limited |
| Sabyasachi Goswami DIN 09694365 | Director | 10 Aug 2022 | 4 yrs 2 mo | Karza Technologies Private Limited |
| Varun Telaprolu DIN 09154314 | Director | 07 Feb 2024 | 2 yrs 8 mo | Perfios Software Solutions Private Limited |
| Darius Dhunjishaw Vakil DIN 07483613 | Director | 28 Mar 2024 | 2 yrs 7 mo | Perfios Software Solutions Private Limited |
| Nishant Sharma DIN 03117012 | Director | 03 Jun 2024 | 2 yrs 4 mo | Perfios Software Solutions Private Limited |
| Nitin Chugh DIN 01884659 | Managing Director | 16 Jun 2026 | 4 mo | Perfios Software Solutions Private Limited |
People of Karza
8 people are tracked at Karza (4 in leadership, 4 in team); the tracked headcount is 898.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CTO | Leadership | |
| CEO | Leadership | |
Chaitanya Shahare | Head Of Products | Leadership |
Ankit Jalan | Vice President, Sales & Marketing | Leadership |
Udit Ghelani | Product Operations Engineer | Team |
Ajay Jadhav | Product Manager | Team |
Raghu Kartha | Product Manager | Team |
Aakash S. | Strategic Alliance And Partnership | Team |
Complete people profiles for Karza
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Karza
Figures of Perfios Software Solutions Private Limited, the primary company behind Karza, for FY 2025. Revenue was ₹683 Cr (+20% year on year). Net profit was ₹108 Cr (16% margin). EBITDA was ₹164 Cr (24% margin). Revenue has grown at a compounded annual rate of +72% over three years and +55% over five years.
- ₹683 CrRevenue · FY 2025 · +20% YoY
- ₹108 CrNet profit · 16% margin
- ₹164 CrEBITDA · 24% margin
- ₹6.36 CrPaid-up capital
- 898Employees (provident fund records)
- +72%Revenue CAGR, 3 years
- +55%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Perfios Software Solutions Private Limited are on its company page.
Detailed financial statements for Karza
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 Karza
5 dated milestones of Karza across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Karza is founded.
- Funding First funding round of $75K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Grant,.
- Exit Acquired by Perfios.
Web traffic of Karza
The website of Karza (karza.in) receives about 98.3K visits a month and ranks #287,277 among all websites worldwide, #3,062 in Investing.
- Monthly visits98.3K
▼ 6.7% vs previous month
- Unique visitors59.1K
per month
- Global rank#287,277
among all websites
- Category rank#3,062
Finance · Investing
- Bounce rate39%
- Pages per visit4.1
- Average visit3 min 16 sec
- DevicesDesktop 38% · Mobile 62%
Websites whose visitors overlap most with Karza. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| perfios.ai | 100% | 39.6K | #892,311 | View details | |
| icicibank.com | 97% | 22.8M | #1,388 | View details | |
| perfios.com | 65% | 1.4M | #44,157 | View details | |
chatgpt.com | chatgpt.com | 32% | #6 | – | |
gst.gov.in | gst.gov.in | 31% | #636 | – |
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Related news about Karza
Complete news archive for Karza
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Frequently Asked Questions about Karza
Karza was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Karza is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Sabyasachi Goswami is the CEO of Karza, as recorded in our data.
Karza is a funded company, having raised a total of $1.18M across 4 funding rounds to date. The company's 1st funding round was a Angel Round of $74.75K, raised on Oct 2016.
Karza has 898 employees.
The primary company behind Karza, Perfios Software Solutions Private Limited, reported revenue of ₹683 Cr for FY 2025, up 20% year on year.
Founded in 2015 and based in Mumbai, India, Karza operates in the fintech sector with AI-driven tools for real-time financial data analysis. Insights are generated to aid decision-making processes for banks and insurers. Services encompass document analysis, KYC and KYB compliance, fraud detection, risk assessment, and digital onboarding. Additional capabilities include support for digital lending, customer acquisition, underwriting, claims automation, and background verification for employees and vendors.
Karza offers Document Analysers, Bank Statement Analyser, ITR Analyser, KYC/KYB, and Liveness Detection.
Karza has 33 investors. Key investors include Perfios, Artha India Ventures, Shringar Films, Maharashtra State Innovation Society, and Dreamweaver Investments and Business solutions.
The valuation of Karza is $5.44M as of Jun 2019.
Karza is associated with 2 legal entities: Perfios Software Solutions Private Limited, Karza Technologies Private Limited.
Yes. Karza was acquired by Perfios in February 2022.