Karumadi lies about 3 kms east of Ambalapuzha which is 14 km from Alappuzha (Alleppey). The village is famous for its black granite figure of the Buddha from the 9th or 10th century known as 'Karumadi Kuttan' (literally meaning the 'Boy from Karumadi'). It is believed that Buddhism existed prominently in Kerala in the 9th and 10th century and the statue remains as a memoir of those days. There are many traditions connected to this idol and it attracts many archeologists and travelers to Karumadi every year. Dalai Lama called on this place during his visit to Kerala in 1965.