Karza - About the company
Karza is an acquired company based in Mumbai (India), founded in 2015 by Gaurav Samdaria and Omkar Shirhatti. It operates as an AI powered financial data analysis and decision support software. Karza has raised $1.18M in funding from Singapore Angel Network and Artha India Ventures, with last known valuation of $*****. The company has 156 active competitors, including 44 funded and 15 that have exited. Its top competitors include companies like Idfy, M2P Fintech and Jumio.
Company Details
AI powered financial data analysis and decision support software. It allows users to analyze the financial data in real time. The analysis provides insights to support teams in the decision making process. It offers tools for document analysis, KYC and KYB compliance, fraud detection, risk assessment, and digital onboarding. It enables banks and insurers to read, authenticate, score and optimize KYC documents in real time. It facilitates digital lending, customer acquisition, underwriting, claims automation, and employee and vendor background verification.
- Website
- karza.in
- Registered Address
- 3rd Floor, ABR Emerald, Plot No.D 8, Street No.16, MIDC, Andheri East, Mumbai, Chakala Midc, Mumbai, Mumbai, Maharashtra, India, 400093
Key Metrics
Founded Year
2015
Location
Mumbai, India
Stage
Acquired
Total Funding
$1.18M in 4 rounds
Latest Funding Round
Last Known Valuation
$***** as on Feb 25, 2022
Investors
Ranked
35th among 156 active competitors
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2023
Employee Count
1,241 as on May 31, 2025
Exit Details
Acquired by Perfios (Feb 25, 2022)
Legal entities associated with Karza
Karza is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
PERFIOS SOFTWARE SOLUTIONS PRIVATE LIMITED CIN: U72200MH2008PTC404503 , India, Active | May 29, 2008 | ₹500 - ₹1,000 Cr (As on Mar 31, 2025) | 1040 (As on Apr 01, 2026) | |
KARZA TECHNOLOGIES PRIVATE LIMITED CIN: U74120MH2015PTC265316 , India, Amalgamated | Jun 08, 2015 | ₹100 - ₹500 Cr (As on Mar 31, 2023) | 184 (As on Aug 01, 2025) |
Karza's acquisition details
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Karza's funding and investors
Karza has raised a total funding of $1.18M over 4 rounds. Its first funding round was on Oct 31, 2016. Its latest funding round was a Grant (prize money) round on Aug 18, 2020 for $*****. 1 investor participated in its latest round. Karza has 13 institutional investors and 26 angel investors.
Here is the list of recent funding rounds of Karza:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 18, 2020 | 2932339 | Grant (prize money) | 8238872 | 3070075 | 4321587 | 4502954 |
Jun 20, 2019 | 4205813 | Seed | 5414956 | 6027456 | 6971276 | |
Jul 06, 2017 | 1684373 | Seed | 6271241 | 5716532 |
Access funding benchmarks and valuations. Sign up today!View details of Karza's funding rounds and investors
Karza's founders and board of directors
Founder? Claim ProfileThe founders of Karza are Gaurav Samdaria and Omkar Shirhatti.
Here are the details of Karza's key team members:
- Gaurav Samdaria: Former Co-Founder of Karza. They are also an angel investor in 3 startups and serve on the board of 1 company.Contact Info: 1 email address
- Omkar Shirhatti: Former Co-Founder of Karza. They serve on the board of 1 company.Contact Info: 1 email address
- Sabyasachi Goswami: CEO of Karza. Contact Info: 1 email address
Karza's Board of Directors
Karza's board has 10 active members. Alok Kumar, Gaurav Samdaria, Omkar Shirhatti and Debasish Chakraborty are part of team and Vishal Gupta, VR Govindarajan, Nishant Sharma, Darius Dhunjishaw Vakil, Rama Subramaniam Gandhi and Ram Narayanan Colathur are independent board members.Here is the list of Karza's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 9y 5m | |
Team | - | Current | 11y 1m | |
Team | - | Current | 11y 1m | |
Team | - | Current | 7y 3m | |
Independent board member | - | Current | 8y 5m | |
gqipqkr | Independent board member | - | Current | 3y 7m |
lhifrry | Independent board member | - | Current | 3y 6m |
qjxugnb | Independent board member | - | Current | 7y 3m |
ckxuofl | Independent board member | - | Current | 9y 1m |
wydftyk | Independent board member | - | Past | 6y 9m |
View details of Karza's Founder profiles and Board Members
Karza's employee count trend
Karza has 1,241 employees as of May 25. The total employee count is 1.0% lower than what it was in May 24. Here is Karza's employee count trend over the years:
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Karza's Competitors and alternates
Top competitors of Karza include Idfy, M2P Fintech and Jumio. Here is the list of Top 10 competitors of Karza, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of a platform for identity verification and risk management | $62.7M | 75/100 | ||
2nd | M2P Fintech 2014, Chennai (India), Series D | Provider of APIs enabling banking, lending, and payment financial services | $188M | 74/100 | |
3rd |  Jumio 2010, Sunnyvale (United States), Acquired | Provider of AI-powered identity verification solutions | $196M | 73/100 | |
4th | NICE Actimize 1999, Hoboken (United States), Acquired | Provider of AI-driven anti-money laundering and fraud detection solutions | $24M | 70/100 | |
5th |  Cashfree Payments 2015, Bengaluru (India), Series C | Provider of payment gateway and payouts, and identity verification services | $100M | 69/100 | |
6th | Provider of digital solutions for KYC, document management, and digital signatures | $11.9M | 69/100 | ||
7th |  HyperVerge 2014, Bengaluru (India), Seed | Provider of end-to-end KYC software and identity verification solutions | $1M | 68/100 | |
8th | Provider of APIs and platforms for data, KYC, and payments | $18.5M | 67/100 | ||
9th | Provider of behavioral biometrics cybersecurity solutions | $253M | 66/100 | ||
10th | Signzy Technologies 2015, Bengaluru (India), Series B | Provider of identity verification and compliance platform with various API stacks | $38.7M | 66/100 | |
35th | AI powered financial data analysis and decision support software | $1.18M | 48/100 |
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Karza's Investments and acquisitions
Karza has made no investments or acquisitions yet.
Reports related to Karza
Here is the latest report on Karza's sector:
News related to Karza
•
Teachers' Venture Gowth invest USD 80 mln in PerfiosThe Paypers•Mar 14, 2024•Ontario Teachers' Pension Plan, Perfios, Bessemer Venture Partners, Warburg Pincus and 2 others
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Aditya Birla Sun Life Insurance launches policy issuance service on whatsappLivemint•Oct 26, 2022•ABSLI, Gupshup, WhatsApp, Karza and 1 other
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Karza and Gupshup collaborate to expand insurers' reach into underpenetrated Indian marketsDiligent Media Corporation•Jun 17, 2022•Karza, Gupshup
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Karza Technologies launches KScan, a Never Seen Before Due Diligence PlatformAsian News International•Dec 15, 2021•Karza
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