City-based SAP consulting company Kaar Technologies will be increasing its head count by 300 this year and also enter newer geographies like the US, Britain, China and others, said a top company official.

Former Chief Financial Officer (CFO) of IT major Infosys Ltd, V Balakrishnan today joined city-based digital consultancy firm Kaar Technologies as an Independent Director.

Former CFO of Infosys V Balakrishnan has joined the Board of SAP consultancy firm Kaar Technologies as Chairman – Audit Committee. The company, which is focusing on digital technology market, is looking at reaching a turnover of Rs 1000 crore by 2020.

Mumbai-based venture debt fund BlackSoil has invested Rs 35 crore in Orange, WebEngage, Habanero Foods, CASHe, and an undisclosed generic pharmaceutical company.

Chennai-based Kaar Technologies on Tuesday said it has raised Rs 30 crore (about USD 4 million) in acquisition financing facility from BlackSoil Capital to fuel its inorganic international expansion plans.

Kaar Technologies, a pure play SAP consultancy company, is planning to expand into the European markets.

Kaar Technologies, a pure-play SAP consultancy platform, has raised $4 million in a round led by BlockSoil Capital.

Chennai-based Kaar Technologies, a pure-play SAP consultancy company, on Tuesday said it has raised $4 million (around Rs 30 crore) from Mumbai-based alternative credit platform BlackSoil Capital.

Founded in 2005, Kaar Tech offers consultation, implementation, and support of SAP-based enterprise software solutions to enterprises across the world to improve their business processes.

Kaar Technologies India Private Limited, one of the leading consulting firm that offers SAP services to oil and gas, transport, education, trading, FMCG, healthcare, and media sectors held a placement drive at SIMATS Engineering (SSE) for the 2024 graduates.