When was Karuvi founded?

Karuvi was founded in 2022 and raised its 1st funding round 2 years after it was founded.

Where is Karuvi located?

Karuvi is headquartered in Chennai, India. It is registered at Old No. 173/2, New No.361 Avvai Shanmugam Salai, Gopalapuram, Chennai, Chennai, Tamil Nadu, India, 600086.

Who is the current CEO of Karuvi?

Sridhar Vembu of Karuvi. They have also founded 3 companies.

Is Karuvi a funded company?

Karuvi is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Jun 01, 2024.

When was the latest funding round of Karuvi?

Karuvi's latest funding was a $***** Seed round on Jun 01, 2024, with participation from 1 investor. Its primary sector is Construction Equipment and Machinery. In India, the Construction Equipment and Machinery sector has seen $129M in funding in 2026 to date.

What is the annual revenue of Karuvi?

Annual revenue of Karuvi is less than ₹10 Cr as on Mar 31, 2025

Where does Karuvi rank among its competitors?

Karuvi ranks 39th amongst 190 active competitors, of which 2 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Karuvi, which secured an undisclosed amount in Jun, 2024.

Who are the top competitors of Karuvi?

Karuvi's top competitors include Stanley Black & Decker, Ingersoll Rand and ESAB. Among them, Karuvi secured the most recent funding round in June, 2024.

Karuvi - 2026 Company Profile, Team, Funding, Competitors & Financials

Karuvi is a seed company based in Chennai (India), founded in 2022 by Sridhar Vembu and Tony Thomas. It operates as a Provider of power tools designed, engineered, and manufactured focusing on performance and precision. Karuvi has raised an undisclosed amount in funding. The company has 190 active competitors, including 2 funded and 27 that have exited. Its top competitors include companies like Stanley Black & Decker, Ingersoll Rand and ESAB.

Company Details

Karuvi is a power tools company that focuses on performance and precision in their products. They offer a range of power tools, hand tools, and accessories engineered and manufactured in India.

Website: www.karuvitech.com/
Social
Email ID: *****@karuvitech.com
Part Of
Registered Address: Old No. 173/2, New No.361 Avvai Shanmugam Salai, Gopalapuram, Chennai, Chennai, Tamil Nadu, India, 600086

Key Metrics

Founded Year

2022

Location

Chennai, India

Stage

Seed

Latest Funding Round

Seed, Jun 01, 2024, $*****

Investors

Zoho

Ranked

39^th among 190 active competitors

Annual Revenue

0 - ₹10 Cr as on Mar 31, 2025

Similar Companies

Stanley Black & Decker & 188 more

View Karuvi's full profile

Karuvi is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
KARUVI POWER TOOLS SYSTEMS PRIVATE LIMITED CIN: U29299TN2022PTC150142 , India, Active	Feb 22, 2022	0 - ₹10 Cr (As on Mar 31, 2025)	49 (As on Aug 01, 2025)

Karuvi has raised funding over 1 round. Its latest funding round was a Seed round on Jun 01, 2024 for $*****. 1 investor participated in its latest round. Karuvi has 1 institutional investor.

Here is the list of recent funding rounds of Karuvi:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 01, 2024	4281966	Seed	9423300	7442337	6119427	1341733

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View details of Karuvi's funding rounds and investors

The founders of Karuvi are Sridhar Vembu and Tony Thomas. Sridhar Vembu is the CEO of Karuvi.

Here are the details of Karuvi's key team members:

Sridhar Vembu: Co-Founder & CEO of Karuvi and founder of 3 other companies, Zoho reports, adventnet.com and Zoho. They serve on the board of 1 company.
Contact Info: 1 email address
Tony Thomas: Co-Founder of Karuvi and founder of 2 other companies, Zoho Mail and Zoho.

View details of Karuvi's Founder profiles and Board Members

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Top competitors of Karuvi include Stanley Black & Decker, Ingersoll Rand and ESAB. Here is the list of Top 10 competitors of Karuvi, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Stanley Black & Decker 1843, Baltimore (United States), Public	Manufacturer of industrial tools and household hardware	-	Hudson Pacific Capital, Innoventure Partners ... & 2 others	64/100
2nd	Ingersoll Rand 1872, Wilmington (United States), Unfunded	Provider of industrial equipment and solutions, specializing in air compressors, power tools, and fluid handling systems	-	-	59/100
3rd	ESAB 1904, Mississauga (Canada), Public	Manufacturer of welding equipments	-	Gov.cz	59/100
4th	Hilti 1941, Plano (United States), Funding Raised	Provider of power tools, fasteners and software services for construction industry	-	Europa	59/100
5th	Festool 1999, Germany, Unfunded	Manufacturer of high-performance power tools and accessories	-	-	57/100
6th	Apex Tool Group 2010, Baltimore (United States), Acquired	Manufacturer of hand and power tools	-	VantEdge Partners, GNST Capital	56/100
7th	Atlas Copco 1873, Hertfordshire (United Kingdom), Funding Raised	Provider of compressors, vacuum solutions, air treatment, and construction equipments	-	Europa, Investor & 3 others	56/100
8th	DEWALT 1924, Towson (United States), Unfunded	Provider of construction drills, grinders, and multiple tools	-	-	55/100
9th	Milwaukee Tool 1924, Brookfield (United States), Public	Online e-distributor of industrial tools	-	-	55/100
10th	Robert Bosch Tool 1886, Mount Prospect (United States), Unfunded	Manufacturer of professional power tools	-	-	53/100
39th	Karuvi 2022, Chennai (India), Seed	Provider of power tools designed, engineered, and manufactured focusing on performance and precision	-	Zoho	22/100