Chennai-based digital transformation consulting firm KaarTech has secured $11 million (around ₹100 crore) in a fresh funding round led by Playbook Partners. The round also saw participation from existing investor A91 Partners, which had earlier invested in the company. The new funding reflects growing investor interest in enterprise technology firms that support businesses in modernising their digital infrastructure.
The latest investment is expected to help KaarTech strengthen its global presence and expand its capabilities in enterprise digital transformation solutions.
Funding to Drive Expansion and Innovation
KaarTech plans to use the newly raised capital to accelerate its expansion across international markets, especially in North America and Europe. The company also intends to strengthen its workforce, enhance technology capabilities, and explore strategic acquisitions that could complement its existing service offerings.
The funding round values the company at approximately ₹2,100 crore (around $231 million) on a post-money basis. This valuation reflects the company’s consistent growth and increasing demand for digital transformation services across industries.
Focus on Enterprise Technology Solutions
Founded in 2006 by Maran Nagarajan, Ratnakumar N, Selvakumaran M, and Guardian George, KaarTech specialises in SAP-led digital transformation services for large enterprises. The company supports organisations in upgrading legacy systems and implementing modern cloud-based platforms.
KaarTech’s service portfolio includes SAP consulting, cloud transformation, data analytics, artificial intelligence, automation, and managed services. Through these solutions, the firm helps businesses improve operational efficiency and adopt advanced digital technologies.
The company mainly serves global clients across sectors such as aviation, energy, and government, with strong operations in regions like the Middle East, North America, and Europe.
With strong financial growth and increasing global demand for enterprise digital transformation, KaarTech aims to continue scaling its services and strengthen its position as a key technology partner for businesses worldwide.