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Karbon Card

Bengaluru, Karnataka Founded 2019 karboncard.com ↗
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: Business Model Canvas

The nine-block Business Model Canvas, filled in only where a public source states it — empty blocks mean we haven't found a citable fact yet, not that the answer is zero.

Value Propositions

No fixed deposit or guarantee needed

Cards can be used within 24 hours of issuance and require no fixed deposits and guarantees, addressing that banks ask for fixed deposits, guarantee and all kinds of documents.

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Financing up to Rs 5 crore

Allows entrepreneurs to obtain financing of up to Rs 5 crore with no fixed deposits or personal guarantees.

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Fast, low-cost cross-border payments

Settlement to beneficiaries' account in 4-8 hours, with lowest transaction charges across India and markup starting at 0.1%.

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Customer Segments

Funded startups

Corporate cards to Indian startups with funding of at least INR 25 Lakh.

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Startups and SMBs

Corporate cards and expense management solutions to over 2,000 startups and SMBs.

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Exporters and importers

Serves exporters (collect USD payments from global clients), importers (overseas purchases and payments), freelancers, D2C ecommerce, and Amazon/Walmart resellers via its cross-border payments product.

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Customer Relationships

No cited public information yet.

Channels

Direct digital sign-up

Hassle-free digital sign-up process via the company's own website/app, with a personalised dashboard.

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Key Activities

No cited public information yet.

Key Resources

No cited public information yet.

Key Partnerships

Northern Arc Capital

Lender in Karbon Card's Rs 55 Cr debt financing round.

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Oxyzo Financial Services

The lending arm of OfBusiness and is backed by SoftBank; lender in the debt round.

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UC Inclusive Credit (UCIC)

An impact-focussed Non-Banking Financial Company registered with the Reserve Bank of India (RBI); lender in the debt round.

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IDFC First Bank

Karbon states it works only with PACB-licensed players and regulated banks; IDFC First Bank is displayed as a banking partner on its site.

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Revenue Streams

Cross-border payment markup

Charges a markup starting at 0.1% on foreign payment collection/remittance, positioned as lower fees than traditional banks.

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Cost Structure

No cited public information yet.

FAQs on Karbon Card

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