NEW DELHI:Main funding agency A91 Companions has invested $30 million in digital transformation consulting firm KaarTech, it mentioned on Monday.
Based in 2006 and headquartered in Chennai, KaarTech specialises in SAP and S/4 HANA implementation.
Gautam Mago and Kaushik Anand from A91 Companions will be part of the board of KaarTech.
“The partnership with A91 will catapult KaarTech into an unprecedented period of enlargement, propelling us in direction of our aspiration of going public, regardless of our bootstrapped origins,” mentioned Maran Nagarajan, Founder and CEO, KaarTech.
He mentioned that the corporate aspires to be the associate of alternative for purchasers searching for digital transformation journeys in SAP, Cloud ecosystem buyer expertise, course of automation and knowledge analytics.
The partnership goals to gasoline KaarTech’s natural and inorganic progress throughout current markets within the Center East, the European Union and North America.
“We stay up for working intently with them in serving to them broaden their geographic presence in US and Europe and of their journey in direction of changing into a publicly-listed firm,” mentioned a A91 Companions spokesperson.
KaarTech specialises in IP and digital providers within the SAP ecosystem with deep experience in discrete manufacturing, skilled providers automation, course of manufacturing and shopper packaged items.
With a staff of over 2,000 staff, KaarTech mentioned it has doubled its income within the final 24 months.