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Kaar Tech Secures $30 Million in Funding Led by A91 Partners to Accelerate SAP Digital Transformation Services

Kaar Tech Secures $30 Million in Funding Led by A91 Partners to Accelerate SAP Digital Transformation Services

July 4, 2023

Chennai, Tamil Nadu, India - Kaar Tech, the World's Best Pure-Play SAP Digital Transformation Consulting and Services Partner, is pleased to announce the successful completion of its latest funding round, raising an impressive $30 million. The investment was led by A91 Partners, a prominent venture capital firm with a strong track record of supporting innovative companies in the technology sector.

Kaar Tech has established itself as a leading player in the Information Technology & Services industry, providing specialized SAP consulting and services. With a team of over 1000 highly skilled SAP consultants and 5000+ man-years of SAP expertise, the company has successfully completed over 2000 projects, catering to more than 350 customers across North America, Europe, the Middle East, and APAC.

The recent funding will fuel Kaar Tech's continued growth and expansion, enabling the company to enhance its offerings and better serve its global clientele. The investment will be utilized to further develop KTern.AI, Kaar Tech's proprietary solution that drives accelerated SAP digital transformation, resulting in up to 33% reduction in the total cost of ownership (TCO). Additionally, the funding will support the company's vision to value approach, which guides enterprises from solution discovery to go-live and post-go-live optimization, leveraging the expertise of their 1000+ SAP consultants.

"We are happy to have secured this significant funding from A91 Partners," said Maran Nagarajan, Founder of Kaar Tech. "This investment will enable us to expand our capabilities, enhance our technological solutions, and continue delivering exceptional value to our clients worldwide. We are committed to driving SAP digital transformation and empowering enterprises to achieve their business objectives."

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