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KARBAN raises seed round led by All In Capital, Titan Capital and Rainmatter

EntrackrEntrackr · 1y ago
KARBAN raises seed round led by All In Capital, Titan Capital and Rainmatter
Medial

Karban Envirotech, a startup that manufactures energy-efficient electronic appliances, has raised Rs 8.93 crore ($1.07 million) in a seed round led by Titan Capital, Rainmatter and All In Capital. Other investors who participated in the round include Urban Company, JK Family Office and angel investors including Kunal Shah, Anupam Mittal, Bharat Jaisinghiani, Atul Gupta, Abhishek Goyal, Sumer Sethi, Natasha Malpani Oswal, Sarang Iyengar and Karan Jindal. KARBAN will use the funds to fuel its growth, strengthen its team, support innovation and new product development, the company said in a press release. Founded in December 2021 by Karan Bansal and Tanya Goyal, Karban has designed and manufactured a bladeless ceiling fan with in-built air purifier and lights. Its unique design helps reduce electricity consumption, and provide multi-utility of air-flow, air-purification, and lighting for homes, offices, hotels, restaurants, among others. The smart consumer appliances market targeted by Karban in India is pegged at Rs 50,000 crore. It competes with new age companies like Atomberg and established firms such as Havells, Crompton, and Superfan.

Related News

Sports-tech startup StepOut raises $1.5 Mn led by Rainmatter

EntrackrEntrackr · 19d ago
Sports-tech startup StepOut raises $1.5 Mn led by Rainmatter
Medial

Bengaluru-based sports-tech startup StepOut has raised $1.5 million in a Pre-Series A funding round led by Rainmatter by Zerodha. The round also saw participation from SucSEED Innovation Fund and Misfits Capital. Rainmatter had earlier led the company’s seed round in late 2024. The proceeds will be used to expand international operations, deepen investments in AI and computer vision, and scale product capabilities. StepOut also plans to expand beyond football into amateur sports and other disciplines over time. Founded by Jeet Karmakar and Sayak Ghosh, StepOut is an AI-powered football performance and intelligence platform focused on player development, match analysis, and scouting. The platform is used across youth, semi-professional, and professional football. Since its last funding round, StepOut claims to have analysed over 25,000 matches, tracked over 150,000 players, and reported 3x year-on-year revenue growth with a 90% customer renewal rate. The startup currently serves 120 clubs, academies, and federations across 23 countries. StepOut’s platform offers tools such as AI-driven match analysis, automated highlights, performance dashboards, live match analytics, and advanced football metrics including xG, xA, PPDA, and player impact scores. It has been deployed across tournaments like the Dream Sports Championship and elite domestic competitions. The startup works with clubs and federations including AFC Ajax, Rayo Vallecano, Bengaluru FC, Hong Kong FC, and the All India Football Federation, and is running pilots with global clubs such as Real Madrid, Chelsea, Fulham, and Espanyol.

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