Karbon Card is a business credit card and for India's corporate leaders, entrepreneurs, business owners and finance leaders. We now 1500+ corporates, startups and SMEs all across India.
Karbon Card is available to all Indian businesses. The card offers up to 10Cr limit*, 1-day card issuance, no personal guarantee and is free to use.
Karbon also offers premium banking features for finance teams, including 24/7/365 payout, employee card issuance, spending analytics and more.
2019/7 - Launched and became an instant hit among Bangalore founders
2021/8 - Graduated from Y-Combinator (YC S21') among the top growth picks
2021/9 - Closed a $12M pre-A round
Karbon Card is available to all Indian businesses. The card offers up to 10Cr limit*, 1-day card issuance, no personal guarantee and is free to use.
Karbon also offers premium banking features for finance teams, including 24/7/365 payout, employee card issuance, spending analytics and more.
2019/7 - Launched and became an instant hit among Bangalore founders
2021/8 - Graduated from Y-Combinator (YC S21') among the top growth picks
2021/9 - Closed a $12M pre-A round
Location: India, Karnataka, Bengaluru
Employees: 11-50
Phone: +91 82875 69687
Total raised: $27M
Founded date: 2019
Investors 11
| Date | Name | Website |
| 02.02.2022 | DG Daiwa V... | dg-daiwa-v... |
| - | The Desi V... | thedesivc.... |
| - | Emles Vent... | emlesventu... |
| 31.03.2022 | ACE & ... | aceandcomp... |
| 13.10.2021 | RAINFALL V... | rainfall.c... |
| 21.07.2021 | Y Combinat... | ycombinato... |
| 26.11.2022 | PV Seed Fu... | pv.vc |
| - | VentureSou... | venturesou... |
| - | Browder Ca... | browdercap... |
| 10.08.2025 | Amino Capi... | aminocapit... |
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Funding Rounds 2
| Date | Series | Amount | Investors |
| 10.02.2022 | Series A | $15M | - |
| 23.09.2021 | Series A | $12M | RAINFALL V... |
Mentions in press and media 31
| Date | Title | Description |
| 26.07.2024 | IRDAI grants insurance startup Covrzy broking license | The Insurance Regulatory and Development Authority of India (IRDAI) has allowed Bengaluru-based insurtech startup Covrzy to operate under a direct broking (general) license. Due to this, Covrzy is able to function in India as a direct insur... |
| 17.05.2022 | Karbon Card Raises INR 55 Cr Debt Finance From Northern Arc, UCIC & Oxyzo | This is Karbon Card’s first debt finance round. It has so far raised $32 Mn (about INR 240 Cr) since its inception in 2019 The startup raised $15 Mn in February 2022 in a Series A round led by Olive Tree Capital, Harmony and Avenir Growth C... |
| 17.05.2022 | Karbon Card raises ₹55 crore in debt financing round from Northern Arc, UCIC and Oxyzo | Corporate card provider and emerging neobank Karbon Card (Karbon) has raised ₹55 crore in a debt financing round from Northern Arc Capital, UC Inclusive Credit Private Limited (UCIC) and Oxyzo Financial Services., the company has announced.... |
| 17.05.2022 | Karbon Card Raises INR 55 Crore Debt Finance | - |
| 10.02.2022 | Bengaluru-based Karbon Card Raises USD 15 million In Its Series-A Funding Round | Karbon Card, that offers corporate cards to small businesses and startups, has raised $15 million in a Series A funding round, led by Olive Tree Capital, Harmony, and Avenir Growth Capital. Existing investors Ramp, Mercury, and Orios Ventur... |
| 09.02.2022 | Karbon Card raises $15 million in series-A round | Karbon Card raises $15 million in series-A round Premium Karbon Card has so far raised around $32 million. (Photo: Shutterstock) 2 min read . Updated: 09 Feb 2022, 03:06 PM IST Livemint Karbon Card will use the funds to step up product deve... |
| 09.02.2022 | Karbon Card raises $15 mn from Olive Tree, Harmony, Avenir and others | Karbon Card (Karbon), a leading fintech offering corporate cards, has raised yet another funding of $15 million in a Series A led by Olive Tree Capital, Harmony and AvenirGrowth Capital with a vision to become India’s firstNeobank designed ... |
| 09.02.2022 | Y-Combinator Backed Fintech Startup Karbon Card Raises $15M In Funding | Fintech startup Karbon Card has raised $15 million in a Series A round led by Olive Tree Capital, Harmony and Avenir Growth Capital. The funding round also saw participation from existing investors, including Ramp, Mercury, and Orios Ventur... |
| 09.02.2022 | YC-backed Karbon Card raises $15M in a Series A round led by Olive Tree Capital, others | Advertisment With this round of funding, Karbon Card will focus on foraying into the neobanking space, ramping up product development, and talent hiring for the growth of the company, the statement said. In 2021, Its gross transaction valu... |
| 09.02.2022 | Karbon Card raises $15 million in funding round led by Olive Tree, others | ETtech New Delhi: Fintech firm Karbon Card on Wednesday announced to have $15 million, about Rs 112 crore, in a funding round led by Olive Tree Capital. Harmony and AvenirGrowth Capital also participated in the funding round. Existing inves... |
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