Karbon Card raises $15 Mn in Series A round
Fintech startup Karbon Card (Karbon) has raised $15 million in a Series A led by Olive Tree Capital, Harmony and Avenir Growth Capital. Existing investors Ramp, Mercury and Orios Venture Partners also participated in the current round. The startup had raised $12 million in pre-Series A round in September last year. With the current round, the total funding raised by Karbon stands at around $32 million. The startup, which counts Y Combinator as it’s early backer, will use funds to step up product development, hiring plans and operations as it transitions into India’s first corporate Neobank this year. Continue reading Karbon Card raises $15 Mn in Series A round at Entrackr.
Fintech startup Karbon Card (Karbon) has raised $15 million in a Series A led by Olive Tree Capital, Harmony and Avenir Growth Capital. Existing investors Ramp, Mercury and Orios Venture Partners also participated in the current round.
The startup had raised $12 million in pre-Series A round in September last year. With the current round, the total funding raised by Karbon stands at around $32 million.
The startup, which counts Y Combinator as it’s early backer, will use funds to step up product development, hiring plans and operations as it transitions into India’s first corporate Neobank this year.
