India: Karbon raises $12m pre-Series A from US fintech unicorn Ramp, others

India: Karbon raises $12m pre-Series A from US fintech unicorn Ramp, others

Photo by bruce mars from Pexels

Corporate card fintech, Karbon Card has raised $12 million (or roughly 88.8 crore) as a part of its pre-Series A funding round from US-based fintech unicorn Ramp, Rainfall Ventures, Roka Works, Y Combinator, and other global investors.

Karbon plans to use the funds to step up its product development, hiring plans and operations. It expects to double its headcount to 60 over the next six months.

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