November 14, 2024
A91 Partners invest growth equity in KaarTech, a global Digital Transformation consultancy firm.
Leading Digital Transformation Consulting business KaarTech obtains $30 million in capital from A91 Partners and appoints additional board members to promote worldwide expansion, particularly in North America, with a focus on SAP and S/4 HANA implementation.
KaarTech, a Digital Transformation Consulting company, specializing in SAP and S/4 HANA implementation has raised $30M from A91 Partners, a leading investment firm, headquartered in Mumbai. Gautam Mago and Kaushik Anand from A91 Partners will be joining the Board of KaarTech. This partnership aims to fuel KaarTech’s organic and inorganic growth across existing markets in the Middle East, the European Union, and North America and marks the beginning of a new chapter in its growth journey, with a particular emphasis on establishing a strong presence in North America.
Founded in 2006, KaarTech is a high-growth company that 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, KaarTech has doubled its revenue in the last 24 months.
Veda Corporate Advisors (“Veda”) acted as the exclusive financial advisor to the Company and its promoters.
About KaarTech
KaarTech is the world’s best Digital Transformation Consulting Organization with 18+ years of experience. We’re a rapidly growing unicorn specializing in IP & Digital Services, Edge & Beyond Edge Solutions. KaarTech’s operations extend across the world, to 15+ global locations, having successfully executed over 3200+ projects, with a pool of 3500+ employees. With a strategic focus on ensuring customer excellence, KaarTech has won 22+ SAP Quality Awards and 25+ Business Awards globally.With a rich legacy of handling 75+ S/4HANA Digital Transformation assignments globally, KaarTech leads the charge in the digital transformation wave, offering innovative solutions to enterprises. With its established flagship intellectual property—KTern.AI, the AI-First Approach—KaarTech is dedicated to reshaping the future of businesses, driving accelerated and intelligent SAP S/4HANA transformations.