[Funding alert] KaarTech Raises $30 Million From A91 Partners

A91 Partners, a renowned investment company with its headquarters in Mumbai, has invested $30M in KaarTech, a digital transformation consulting company that specialises in SAP and S/4 HANA implementation. The A91 Partners' Gautam Mago and Kaushik Anand will join the KaarTech Board of Directors.

With a focus on forging a significant presence in North America, this partnership aims to fuel KaarTech's organic and inorganic growth across its current markets in the Middle East, the European Union, and North America. It also ushers in a new chapter in its growth story.

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"The partnership with A91 will catapult KaarTech into an unprecedented era of expansion, propelling us towards our aspiration of going public, despite our humble bootstrapped origins. This association 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.

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KaarTech’s operations extend to 15+ global regions, having successfully executed over 2500 projects, several of them being for marquee customers like Aramco. With a strategic focus on ensuring customer excellence, KaarTech has won 23 Quality Awards and is poised to win many more.

"Over the last decade, they have established themselves as one of the leading partners for Digital Transformation and SAP Consulting Services. We look forward to working closely with them in helping them expand their geographic presence in US and Europe and in their journey towards becoming a publicly listed company," said Kaushik Anand of A91 Partners.

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About KaarTech

KaarTech, headquartered in Chennai, was started by a group of four college friends from Tamil Nadu. Founder & CEO, Maran Nagarajan, Co-founders & Directors, Ratnakumar N, Selvakumar M and George Guardian shared not just a thick friendship, but a passion and a vision to be the Leading provider of Digital Transformation Consulting services, driving digital transformation for organizations globally.  

About A91 Partners

Founded in 2018, A91 Partners is an investment firm investing across Consumer, Technology, Financial Services, and Healthcare sectors in India. A91 partners with entrepreneurs building enduring businesses for tomorrow’s India. Current investments include Digit General Insurance, Aye Finance, Sugar Cosmetics, Atomberg Technologies, Hector Beverages, Videoverse, Exotel, Happilo, Inshorts, La Renon, Shipsy, Healthkart, and GIVA. 

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