Karbon Card raises USD 2 mn from angel investors

Mumbai, Mar 9 () Karbon Card, which is into gift cards for startups, has raised USD 2 million in seed funding from angel investors from India and China, including Kunal Shah of Cred, Amrish Rau ex-PayU and Jitendra Gupta of Jupiter among others.

The Bengaluru-based company plans to use the funds for product development, operations and market expansion.

Aimed at providing a financial platform for entrepreneurs, the start-up offers corporate cards packed with tools and rewards for new age startups. The interest-free corporate credit card includes rewards specific to startups and expense management software among others.

The Karbon Card features include reward programme, expense management software, auxiliary features and travel concierge. BEN MKJ