Digital transformation consulting company KaarTech, specializing in SAP and S/4 HANA implementation, has raised $30 million in a funding round led by Mumbai-based A91 Partners.
As part of the development, Gautam Mago and Kaushik Anand from A91 Partners will be joining the Board of KaarTech.
The startup said it would use the raised capital to fuel its organic and inorganic growth across existing markets in the Middle East, the European Union, and North America.
Founded in 2006 by Maran Nagarajan, Ratnakumar N, Selvakumar M, and George Guardian, KaarTech said it specializes in IP & Digital Services in the SAP ecosystem with deep expertise in discrete manufacturing, professional services automation, process manufacturing, and consumer packaged goods.
With a team of over 2000 employees, The startup claims to have doubled its revenue in the last 24 months.
Commenting on the fundraising, Maran Nagarajan, said, "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."
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