Tech Company Financing Transactions

KarmaLife Funding Round

On 6/1/2023, KarmaLife announced $5.3 million in Seed investment from Artha India Ventures, private investors and LogX Venture Partners.

Transaction Overview

Company Name
KarmaLife
Announced On
6/1/2023
Transaction Type
Venture Equity
Amount
$5,339,000
Round
Seed
Investors

Artha India Ventures (Lead Investor)

private investors (Lead Investor) (Krishna Bhupal)

private investors (Amit Jain)

private investors (Balesh Sharma)

private investors (Shaji Devakar)

private investors (Vikram Kailas)

LogX Venture Partners

Net Graph Investments

Singularity Ventures

Proceeds Purpose
The company intends to use the funds to expand operations and its business reach.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
Urban vault 1497, Ground Floor 19th Main Road, Sector 4, HSR
Bangalore,Karnataka, 560102
IN
Phone
+91 9986642141
Website
www.karmalife.ai
Email Address
[email protected]
Overview
As the largest EWA player in India, we are the pioneers of an ecosystem that can impact millions of lives. Studies by BCG have suggested that in 2020-21, 77 lakh (7.7 million) workers will be engaged in the gig economy and this workforce is expected to expand to 20+ crore (200+ M) workers by 2029-30.
Profile
KarmaLife LinkedIn Company Profile
Social Media
KarmaLife Company Twitter Account
Company News
KarmaLife News
Facebook
KarmaLife on Facebook
YouTube
KarmaLife on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Rohit Rathi
  Rohit Rathi LinkedIn Profile  Rohit Rathi Twitter Account  Rohit Rathi News  Rohit Rathi on Facebook
Chief Technical Officer
Naveen Budda
  Naveen Budda LinkedIn Profile  Naveen Budda Twitter Account  Naveen Budda News  Naveen Budda on Facebook
Co-Founder
Badal Malick
  Badal Malick LinkedIn Profile  Badal Malick Twitter Account  Badal Malick News  Badal Malick on Facebook
VP - Operations
Pallavi Bollampally
  Pallavi Bollampally LinkedIn Profile  Pallavi Bollampally Twitter Account  Pallavi Bollampally News  Pallavi Bollampally on Facebook

 

 

Browse more venture capital transactions:

Prev: 6/1/2023: Red Flag Alert venture capital transaction
Next: 6/1/2023: 8Flow.ai venture capital transaction

 

Share this article

 

Where The Data Comes From

We do our best to record tech company VC transactions. VC investment data records on this site are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 

Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary

 

Copyright © 2001-2024. Gaebler Ventures. All rights reserved.