About Company



Two visionaries, Dr. Shivaling Mahant Shetti and Mr. Mark Harward came together to establish KarMic with the following founding principles:

  • Enable members of KarMic to continually grow their knowledge and thereby increase the value of our services and solutions.

  • Demonstrate Corporate Social Responsibility to benefit society at local, state, national and global levels. KarMic has contributed to the training and development of more than 1000 fresh Engineers.

Founded in 1999, Realising the need of global expertise KarMic pioneered the concept of developing human capital by training and creating a pool of technicians, engineers and innovators when peers were just focused on product or solution development only. KarMic is proud of its industry-experienced professionals, many with engineering degrees in the key technology disciplines of Bachelor of Engineering, Master of Science, Master of Technology.

Today KarMic is proud to maintain an environment of technology excellence and innovation supported by strong management.

Our Founders

Late Dr. Shivaling S Mahant-Shetti

Chief Promoter of KarMic group and who is known as the father of analog in India. Dr. Shetti started Linear Design Centre in Texas Instruments India in Bangalore, the first commercial design group in India. The group is considered a premier design group within TI and within India.

B.Tech from – IIT Mumbai
MS and Doctorate from -BROWN UNIVERSITY U.S.A
16 years in research laboratories of Texas Instruments, Dallas, US

Mark Harward

Co-founder of KarMIc design Pvt Ltd, worked at Texas Instruments Inc in the R&D Group's VLSI Design Labs and managing new product development in the Semiconductor Group's Application Specific Products business. He has been a serial entrepreneur, founding TestChip Technologies in 1994, which focused on automating the development of test chips used in silicon technology development, serving as its President and CEO until 2002. He was the founder, CEO, and CTO of Syndiant, a start-up focused on small pixel, high-resolution micro-display technology from 2004 until 2013.

Our Leadership

Rathnakar Bhat

CEO, Director

Rathnakar has more than 18 years of experience In the Industry and has been part of Karmic since 2005. He has lead teams to multiple tapeouts as a custom layout lead and has successfully managed teams across verticals proving his Leadership Skills. He has been instrumental in the business growth of Karmic by building various teams and acquiring new business and continue to contribute by engaging with customers and working towards a solution.

Gajanan Shanbhag

CFO, Director

Gajanan has more than 19 years of experience In the Industry and has been part of Karmic since 2004.Demonstrated expertise in Analog and mixed signal IC verification. Extensively worked on products which include PMICs, USB, Battery charger, Isolated Gate drivers ( 20+ product ). Involved in the development of Full chip verification environments for AMS design. Worked on Full chip verification using constrained random verification and coverage driven verification methods. Currently managing the Finance team along with his expertise skills in AMS verification

Dilipa Mogaveera

COO, Director

Dilipa has more than 17 years of experience In the Industry and has been part of Karmic since 2005 He has wide experience in the field of Analog Mixed Signal and memory Layout Design and has the experience of leading teams . Currently playing the role of Chief operating officer along with his expertise in Analog Layout.

Gururaj Bankapur

CTO, Director

Gururaj has more than 17 years of experience In the Industry and has been part of Karmic since 2006. He has wide experience in the field of Analog Mixed Signal and RF Layout Design. Has worked on Power Management blocks like DC-DC Converter, LDO and Data Converters - ADC and DAC. Worked with clients on PICO projectors which has the World's Smallest and Highest Image Resolution. Has design exposure on modules like Amplifier, LDO and Current Steering DAC. Currently heading the Training and placement team along with his expertise in Layout


Our goal is to be the key solution provider for our esteemed customers and also ensuring the social responsibility leading by example. We strongly focus on creating awareness about semiconductor industry among fresh students, build talent and thus contribute in setting up a better Ecosystem". We always believe in "Together we can and together we will"