A91 Partners, a venture capital firm, has invested $30 million in KaarTech. KaarTech specializes in digital transformation and consulting. The investment is intended to help KaarTech expand its presence. The company aims to establish a strong foothold in North America, the Middle East, and the European Union.
KaarTech, headquartered in Chennai, India, was founded in 2006. The company focuses on SAP and S/4 HANA implementation, providing consultation, implementation, and support for SAP-based enterprise software solutions to various industries, including manufacturing, retail, and healthcare. With a proven track record, KaarTech has served over 100 clients.
A91 Partners’ investment signifies their confidence in KaarTech’s business model and growth potential. The funds will be utilized to accelerate the company’s expansion into new markets, develop innovative products and services, and attract top talent to join the team.
Here are some additional details about the investment:
- The investment was led by Gautam Mago and Kaushik Anand from A91 Partners.
- As part of the deal, Gautam Mago and Kaushik Anand will join the board of KaarTech.
- KaarTech plans to use the funds to accelerate its growth, develop new products and services, and attract top talent.
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