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Funding · Commerce & Consumer Brands

KARM BABA Ventures raises funding for global expansion

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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
Sector
Commerce & Consumer Brands

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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