KarmaLife funding, investors and company details

KarmaLife is an emerging Banking and Finance - FinTech startup from Bengaluru, working in the space of fintech platform providing Earned Wage Access (EWA) and credit solutions. Founded by Rohit Kumar Rathi, Naveen Kumar Budda, Badal Malick.

Company: OnionLife Private Limited
Sector: Banking and Finance - FinTech
Location: Bengaluru
Founders: Rohit Kumar Rathi, Naveen Kumar Budda, Badal Malick
Total funding raised: ₹44 Cr

Company overview

KarmaLife is a fintech startup focused on improving financial access for blue-collar gig workers and micro-businesses. It enables users to directly pay for essential expenses while helping them smooth day-to-day consumption and manage cash-flow gaps. By partnering with digital platforms where gig workers earn their income, KarmaLife offers real-time, payroll-linked credit, allowing users to access funds when they need them without relying on traditional loans.

Funding rounds

Latest round (Pre Series A): ₹44.00 Cr. ($ 5.36 Mn), 2023-06-01. Investors: Krishna Bhupal’s family office, Artha Venture Fund, Balesh Sharma, Amit Jain, Vikram Kailas, Shaji Kumar Devakar, Net Graph Investments, Singularity Ventures, LogX Venture Partners