Chennai-based Kaar Technologies raises $30 mn led by A91 Partners

Kaar Technologies, a Business-to-business (B2B) software consultancy firm, raised around $30 million in its recent funding round led by A91 Partners, according to moneycontrol report.

Gautam Mago and Kaushik Anand, partners at A91 Partners, will join the Board of KaarTech, the company said on July 3.

“This association with A91 will bolster our ability to expand geographically and augment our services portfolio in-organically. In doing so, we aspire to be the partner of choice for customers looking for Digital Transformation journeys in SAP, Cloud ecosystem customer experience, Process Automation and Data Analytics blended with KaarTech’s core competence in Logistics, Supply Chain, Financial and Human Capital Management, ” KaarTech co-founder and CEO Maran Nagarajan said.

Chennai-headquartered KaarTech plans to utilise the funds towards organic and inorganic growth across existing markets in the Middle East, the European Union and for a foray into the North American market.

Founded in 2006 by Nagarajan, Ratnakumar N, Selvakumar M and George Guardian, KaarTech is a software consultancy firm that specialises in Intellectual Property & digital services in the SAP (System,Application and Products) ecosystem with expertise in discrete manufacturing, professional services automation, process manufacturing and consumer packaged goods.

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