Funding · Commerce & Consumer Brands
KARM BABA Ventures raises funding for global expansion
By Startup Enthusiast ·
- Date
- Company
- KARM BABA Ventures
- What it does
- B2B marketplace for global trade
- Kind
- Funding
- Amount
- ₹1 crore
- Stage
- seed
- Based in
- Gurugram
- Founded
- 2025
What they do
KARM BABA Ventures runs a tech marketplace connecting producers, vendors, and traders across sectors like automotive and textiles
What happened
The startup secured ₹1 crore from anchor investors and sold a 3% stake to overseas high-net-worth individuals
Why it matters
Started in July 2025, the firm has grown 25-fold and conducts business across eight countries including India, Canada, and the UAE
The details
- KARM BABA Ventures raised ₹1 crore from anchor investors at a valuation of ₹33 crore.
- The business also offloaded a 3% equity share to foreign wealthy backers at a $1 million valuation.
- Proceeds will support the hiring of talent across engineering and product teams.
- The startup intends to build out AI-driven SaaS tools and expand its media footprint.
- Leadership aims to strengthen its tech infrastructure alongside international commerce alliances.
- The company is recruiting personnel across operations, technology, marketing, and creative services.
The bigger picture
- The venture was started in July 2025 out of a garage located in Panipat.
- The enterprise has multiplied its business 25X since opening its doors.
About the business
- The firm runs a digital venue that connects makers, distributors, purchasers, and service providers.
- It caters to diverse industries such as textiles, automotive, FMCG, steel, jewellery, media, and real estate.
- Its cross-border activities span eight nations, including India, Canada, Kenya, Saudi Arabia, Singapore, Turkey, Iraq, and the UAE.
- The team manages dedicated commercial offices situated in Dubai.
- Its software branch builds GPT-based systems and artificial intelligence tools for commercial users.
- The firm leads an initiative named MANAV Mission, structured around the national artificial intelligence agenda.
- It produces content for audiences through its proprietary Karm Karo Podcast.
- The enterprise maintains a promotional tie-up with Expressway Landbase to market real estate.
What happens next
- Recruit engineers and product specialists to enhance internal capability.
- Create new software tools driven by artificial intelligence.
- Broaden physical reach and digital systems across domestic and foreign territories.
- Add team members across commercial operations, marketing, and creative fields.
The deal
- Type
- funding
Investors
- Anchor investors (lead) — Key backers who step in early to secure a funding round.
- Overseas high-net-worth individuals (buyer) — Affluent private backers based outside the country.
Founders
- Maanav Dahuja, Founder & CEO
- Yogesh Mehta, Co-Founder & CTO
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