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Karbon Card

Bengaluru, Karnataka Founded 2019 karboncard.com ↗

Corporate card and spend-management fintech for Indian startups and SMBs — offers corporate credit/prepaid cards issued without fixed deposits or personal guarantees, expense management, vendor payments, and cross-border/forex remittance products.

Pei-fu Hsieh · Co-founder Amit Jangir · Co-founder Kartik Jain · Co-founder Sunil Kumar · Co-founder & Head of Operations Bo Li · Co-founder
$35.55 MnTotal funding (tracked)
4Funding rounds
17 May 2022Last round
137Team size (sourced)

Karbon Card: Funding Rounds

Date Round Amount Investors Source
17 May 2022 Debt ₹55 Cr Northern Arc Capital Oxyzo Financial Services UC Inclusive Credit source
9 Feb 2022 Series A $15 Mn Avenir Growth Capital Harmony Olive Tree Capital Mercury Orios Venture Partners Ramp source
23 Sep 2021 Pre-Series A $12 Mn Ramp Rainfall Ventures Roka Works Y Combinator source
9 Mar 2020 Seed $2 Mn Amrish Rau Jitendra Gupta Kunal Shah source

News on Karbon Card

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FAQs on Karbon Card

Who founded Karbon Card?

Karbon Card was founded by Pei-fu Hsieh, Amit Jangir, Kartik Jain, Sunil Kumar, Bo Li in 2019.

How much funding has Karbon Card raised?

Karbon Card has raised $35.55 Mn across 4 tracked funding round(s), most recently on 2022-05-17. Figures are compiled from cited public sources.

Who are the investors in Karbon Card?

Investors in Karbon Card include Northern Arc Capital, Oxyzo Financial Services, UC Inclusive Credit, Avenir Growth Capital, Harmony, Olive Tree Capital, Mercury, Orios Venture Partners.

What does Karbon Card do?

Corporate card and spend-management fintech for Indian startups and SMBs — offers corporate credit/prepaid cards issued without fixed deposits or personal guarantees, expense management, vendor payments, and cross-border/forex remittance products.

Where is Karbon Card headquartered?

Karbon Card is headquartered in Bengaluru, Karnataka, India.

What is Karbon Card's business model?

Karbon Card's core value proposition centers on No fixed deposit or guarantee needed, Financing up to Rs 5 crore, Fast, low-cost cross-border payments.

How does Karbon Card make money?

Karbon Card's cited revenue streams include Cross-border payment markup.

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the “source” links beside each entry. Profile sources: inc42.com · Last verified 15 Jul 2026. · Report a correction