KARM BABA Ventures Raises ₹1 Crore at a ₹33 Crore Valuation to Accelerate Technology-Led Business Growth

KARM BABA Ventures Pvt. Ltd., the company behind the technology-driven B2B marketplace KARM BABA, has raised ₹1 crore in strategic funding from anchor investors at a post-money valuation of ₹33 crore. The round marks a defining milestone for the company as it scales its SaaS ecosystem, AI-powered business solutions, media capabilities and international trade operations.

Founded in July 2025 by entrepreneur Maanav Dahuja, KARM BABA is building an integrated digital ecosystem in which manufacturers, suppliers, buyers, exporters and service providers can discover opportunities, form trusted partnerships and grow across domestic and international markets.

In its first year of operations, the platform has enabled more than ₹6.30 crore in Gross Merchandise Value (GMV) for its clients and delivered 25X business growth since July 2025, a reflection of rising adoption across multiple industries.

Technology at the Core

At the centre of the Group's expansion is its fast-growing technology vertical, which develops next-generation digital solutions built around GPT-based systems. A flagship initiative within this roadmap is the MANAV Mission, aligned with the national vision for AI-led innovation and digital transformation championed by Prime Minister Narendra Modi.

The mission applies artificial intelligence to improve operational efficiency, support digital transformation and help businesses adopt intelligent systems at scale. Through this division, the Group is building digital infrastructure that allows organisations to automate core processes, raise performance and compete more effectively in a demanding global environment.

Built on Real Business Experience

Unlike many technology startups conceived in boardrooms, KARM BABA was built on years of hands-on commercial experience.

Maanav Dahuja's entrepreneurial journey began at the grassroots, door-to-door sales, rice exports, textiles and automotive trade. Working directly with kirana stores, retailers, distributors and business owners gave him first-hand exposure to customer behaviour, market dynamics and the day-to-day constraints faced by small and medium enterprises.

That experience shaped an execution-first approach to building companies, and it surfaced a recurring problem: businesses with strong products and services still struggled to find verified buyers, suppliers, manufacturers, exporters and strategic partners.

Closing that gap became the founding premise of KARM BABA, a platform designed to simplify business discovery, networking and cross-border commerce through technology that solves real problems rather than adding complexity.

Expansion Across Multiple Industries

KARM Group today serves clients across a diversified set of sectors:

• Textiles
• Automotive
• FMCG
• Steel
• Jewellery
• Media
• Real Estate

The Group continues to broaden its capabilities by combining digital technology, artificial intelligence, media, international trade and business networking, with initiatives such as the Karm Karo Podcast forming part of its media presence, to create long-term enterprise value.

Strategic Collaboration with Expressway Landbase

As part of its move into new verticals, KARM BABA Ventures Pvt. Ltd. has entered into a strategic marketing and business development agreement with Expressway Landbase Pvt. Ltd., a leading North India-based real estate company.

Under the collaboration, KARM will deploy its technology platform, digital marketing expertise, media network and business ecosystem to promote premium residential, commercial and investment-grade real estate projects. The partnership reflects the company's wider strategy of extending its growth ecosystem across sectors to create additional value for businesses and consumers alike.

Leadership Strengthened for the Next Phase

Following the funding round, Yogesh Mehta has been elevated to Co-Founder & Chief Technology Officer. He will lead the company's technology strategy, overseeing product innovation, AI integration, SaaS development, cloud infrastructure, automation and the continued evolution of the KARM BABA platform.

Garima Mittal has been appointed Director, Sales & Marketing, and will drive revenue growth, client acquisition and brand expansion across the Group's verticals.

Founder Speaks

Commenting on the milestone, Maanav Dahuja, Founder & CEO, KARM BABA Ventures Pvt. Ltd., said:

“When I started KARM BABA in July 2025, I had no office, no team and no guaranteed clients. What I had was a conviction that India's next generation of businesses deserves a trade and growth partner who actually shows up, does the work and builds something real.”

“A year on, I can say it plainly: we are building something real for customers who genuinely want to make a difference in their markets. But this is not a twelve-month story. It is the result of more than eight years of work. I have done door-to-door sales. I have sold rice bags and carpets to kirana stores, not simply to make ends meet, but to understand how customers actually think and what drives their decisions.”

“From a garage in Panipat, we have grown into a multi-country operation. We are looking for partners who believe that trade, technology and storytelling can be built into something that outlasts all of us. If that sounds like you, we would be honoured to have the conversation.”

Looking Ahead

With operations and clients spanning India, Kenya, the UAE, Saudi Arabia, Singapore, Turkey, Iraq and Canada, KARM BABA continues to widen its international footprint through cross-border trade initiatives and strategic collaborations.

The fresh capital will fund the expansion of engineering and product teams, accelerate AI-powered SaaS development, strengthen the Group's media ecosystem, deepen international trade partnerships and introduce new solutions that simplify business growth.

As India consolidates its position as a global manufacturing, technology and export hub, KARM BABA aims to play a meaningful role by building one of the country's most trusted business ecosystems, connecting enterprises through technology, commerce, innovation and international collaboration.

From modest entrepreneurial beginnings to a venture-backed technology company, KARM BABA's journey reflects a commitment to execution, resilience and long-term value creation. With new capital, an expanded leadership team and a growing partnership base, the company is well positioned to shape the future of technology-enabled B2B commerce in India and beyond.

About KARM BABA Ventures Pvt. Ltd.

KARM BABA Ventures Pvt. Ltd. is a DPIIT-recognised technology and trade company headquartered in Gurugram, India. Through its B2B marketplace, SaaS and AI products, marketing services and media vertical, the Group helps enterprises discover verified partners, expand into new markets and grow across borders.