Karbon - About the company
Karbon is a series A company based in Bengaluru (India), founded in 2019 by Pei Fu Hsieh, Kartik Jain, Jianwei Jack Chen, Pei-Fu Hsieh, Bo Li and Amit Jangir. It operates as a Provider of international payment and corporate expense management solutions. Karbon has raised $30.2M in funding from investors like Harmony, Orios Venture Partners and Olive Tree Capital. The company has 83 active competitors, including 25 funded and 12 that have exited. Its top competitors include companies like Remitly, Zaggle and Wise.
Company Details
Provider of international payment and corporate expense management solutions. It offers services for sending and receiving international business payments, facilitating cross-border transactions. A prepaid corporate card is also provided for expense management, including real-time tracking and reporting features. The platform caters to various business types, assisting with compliance requirements and streamlining financial processes. It aims to simplify international payments and improve financial control for businesses.
- Website
- www.karboncard.com/
- Social
- Email ID
- *****@karboncard.com
- Phone Number
- +91 **********
- Registered Address
- H. No: 11-6-56, Survey No: 257 & 258/1 Opp: IDPL Railway Siding Road,Moosapet, Kukatpally, Hyderabad, hyderabad, Telangana, India, 500037
Key Metrics
Founded Year
2019
Location
Bengaluru, India
Stage
Series A
Total Funding
$30.2M in 6 rounds
Latest Funding Round
Ranked
9th among 83 active competitors
Annual Revenue
₹55.9Cr as on Mar 31, 2025
Employee Count
142 as on May 31, 2025
Legal entities associated with Karbon
Karbon is associated with 4 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
INTERROPAC PRIVATE LIMITED CIN: U74999KA2018PTC133447 , India, Active | Oct 05, 2018 | $691K (As on Mar 31, 2025) | 69 (As on Aug 01, 2025) | |
KARBON UNITED PTE. LTD CIN: 201912096G , Singapore, Active | Dec 31, 2018 | $1.19M (As on Mar 31, 2024) | 25 (As on Dec 31, 2021) | |
LIVQUIK TECHNOLOGY (INDIA) PRIVATE LIMITED CIN: U74999TN2012PTC165988 , India, Active | Jul 04, 2012 | $6.61M (As on Mar 31, 2025) | 80 (As on Aug 01, 2025) | |
MEDPLUS HEALTH SERVICES LIMITED CIN: L85110TG2006PLC051845 , India, Active | Nov 30, 2006 | $732M (As on Mar 31, 2025) | 1445 (As on Aug 01, 2025) |
Sign up to download Karbon's company profile
Karbon's funding and investors
Karbon has raised a total funding of $30.2M over 6 rounds. Its first funding round was on Jun 2019. Its latest funding round was a Conventional Debt round on May 17, 2022 for $*****. 3 investors participated in its latest round. Karbon has 39 institutional investors and 5 angel investors.
Here is the list of recent funding rounds of Karbon:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 17, 2022 | 8092900 | Conventional Debt | 5679441 | 6990387 | 2747350 | 7205317 |
Feb 09, 2022 | 1524862 | Series A | 2264953 | 1477320 | 6606034 | |
Aug 30, 2021 | 7997050 | Seed | 9999161 | 2209720 | 4880601 |
Access funding benchmarks and valuations. Sign up today!View details of Karbon's funding rounds and investors
Karbon's founders and board of directors
Founder? Claim ProfileThe founders of Karbon are Pei Fu Hsieh, Kartik Jain, Jianwei Jack Chen, Pei-Fu Hsieh, Bo Li and Amit Jangir. Pei-Fu Hsieh and Pei Fu Hsieh are the CEOs of Karbon.
Here are the details of Karbon's key team members:
- Pei Fu Hsieh: Co-Founder & CEO of Karbon. They serve on the board of 1 company.Contact Info: 1 email address
- Kartik Jain: Co-Founder of Karbon.
- Jianwei Jack Chen: Co-Founder & CTO of Karbon. Contact Info: 1 email address
- Pei-Fu Hsieh: Co-Founder and CEO of Karbon.
- Bo Li: Co-Founder - Head of Forex Product of Karbon.
Karbon's Board of Directors
Karbon's board has 3 active members. Pei Fu Hsieh is part of team and Andrew Thomas and Nichola Eliovits are independent board members.Here is the list of Karbon's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 6y 11m | |
Independent board member | - | Current | 6y 11m | |
eprzfuv | Independent board member | - | Current | 2y 4m |
View details of Karbon's Founder profiles and Board Members
Karbon's employee count trend
Karbon has 142 employees as of May 25. The total employee count is 14.0% lower than what it was in May 24. Here is Karbon's employee count trend over the years:
Uncover Karbon's growth story! Sign up today!
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
Karbon's Competitors and alternates
Top competitors of Karbon include Remitly, Zaggle and Wise. Here is the list of Top 10 competitors of Karbon, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Remitly 2011, Seattle (United States), Public | Provider of international money transfer services with multiple delivery options | $436M | 84/100 | |
2nd | Platform designed to streamline business spends, payments, and rewards through automated and innovative workflows | $13.7M | 84/100 | ||
3rd | Wise 2011, Shoreditch (United Kingdom), Public | Provider of multi-currency accounts, international money transfers, and card services | $1.03B | 83/100 | |
4th | MoneyGram 1940, Dallas (United States), Acquired | Provider of global money transfer and payment services for individuals | - | 75/100 | |
5th | Jeeves 2019, New York City (United States), Series C | Digital company offering payment and corporate financial cards | $380M | 72/100 | |
6th | Digital platform enabling businesses to receive payments from overseas businesses | $20M | 68/100 | ||
7th | Provider of cross-border payment solutions for businesses, platforms, and freelancers | $32.8M | 67/100 | ||
8th | Western Union 1851, Denver (United States), Acquired | Provider of international money transfer and currency exchange services | - | 67/100 | |
9th | Provider of international payment and corporate expense management solutions | $30.2M | 65/100 | ||
10th |  PingPong 2015, New York City (United States), Series C | Online platform providing cross-border business payment solutions | $124M | 64/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on Karbon's competitors? Click here to see the top ones
Karbon's Investments and acquisitions
Karbon has made no investments or acquisitions yet.
Reports related to Karbon
Here is the latest report on Karbon's sector:
News related to Karbon
Media has covered Karbon for 1 event in last 1 year, It was about company updates.
•
Karbon Business Launches Multicurrency Virtual Accounts & Payment LinksGlobal Fintech Series•Sep 05, 2025•Karbon
•
•
This fintech firm is making salary payments easier for other start-upsBusiness Today•Apr 07, 2022•Karbon
•
•
•
Karbon raises $12 mn in pre-Series A funding roundLivemint•Sep 24, 2021•Karbon, Ramp, Rainfall Ventures, Roka Works and 1 other
•
Karbon card raises USD 1.2 Million in pre-series A roundvcbay.news•May 20, 2021•Orios Venture Partners, Karbon, MyAsiaVc
•
Karbon Card said to raise $1m in its seed stageFintech•Apr 24, 2020•Karbon, Orios Venture Partners, Whiteboard Capital
•
•
Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Are you a Founder ?
FAQs about Karbon
Explore our recently published companies
- Altrisk - 1997 founded, Unfunded company
- Snoozer - Una based, 1995 founded, Public company
- Seatingsymposium - Unfunded company
- FTA HSRP Solutions - Gandhinagar based, 2012 founded, Unfunded company
- Vibrant TMT - Ahmedabad based, 2012 founded, Unfunded company
- Primetoolings.com - 2025 founded, Unfunded company
