Kaar Technologies secures $30 million from A91 Partners
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Key Takeaways
⇨ KaarTech, an international digital transformation consultancy specializing in SAP and S/4 HANA solutions, has secured a $30M investment from Mumbai-based investment firm, A91 Partners.
⇨ The partnership is set to accelerate the company's expansion and pave the way towards its goal of becoming a publicly traded entity while strengthening the company's ability to enhance its geographic coverage and diversify its service offerings.
⇨ The company aims to become a preferred partner for customers seeking digital transformation within the SAP, cloud ecosystem customer experience, process automation, and data analytics.
KaarTech, an international digital transformation consultancy specializing in SAP and S/4 HANA solutions, has secured a $30M investment from Mumbai-based investment firm, A91 Partners. The partnership is designed to drive both the organic and inorganic expansion of KaarTech within its current markets, including the Middle East, the European Union, and North America. There is a distinctive emphasis on bolstering KaarTech’s presence in the North American market.
Established in 2006, KaarTech has seen significant growth as a company focusing on IP and Digital Services within the SAP ecosystem. Their areas of expertise are discrete manufacturing, professional services automation, process manufacturing, and consumer packaged goods.
The partnership is set to accelerate the company’s expansion and pave the way towards its goal of becoming a publicly traded entity while strengthening the company’s ability to enhance its geographic coverage and diversify its service offerings. According to Mr. Maran Nagarajan, CEO of KaarTech, the company aims to become a preferred partner for customers seeking digital transformation within the SAP, cloud ecosystem customer experience, process automation, and data analytics, combined with KaarTech’s core expertise in logistics, supply chain, financial, and human capital management.
KaarTech, operates across more than 15 international regions and the company’s impressive project portfolio encompasses over 2,500 successfully completed projects, a number of which involved high-profile clients like Aramco. The strategic vision of KaarTech is customer-centric, as evidenced by their receipt of 23 Quality Awards, and the company shows strong potential for future accolades.
KaarTech is driving industry-wide transformations with cutting-edge technologies and have engineered innovative solutions designed to automate operations. Some of their innovations are:
KEBS: A comprehensive enterprise-level Software as a Service (SaaS) is designed to consolidate all business processes. It offers an integrated suite of business applications that orchestrates end-to-end operations smoothly, transforming disparate workflows into a unified software system.
KTern: A proprietary product of KaarTech, developed on the foundation of over 16 years of exclusive SAP expertise and modern technologies, it aims to assist global corporations in automating, governing, and enhancing the success rate of their SAP digital transformation endeavors.
KUPEX offers a solution to the complex partner management processes by providing highly efficient alternatives suited for the digital age. It facilitates the effective management of clients and partners through customizable processes. Its ability to integrate with SAP S/4HANA enhances its effectiveness as a multitenant SaaS application.
Plant Maintenance Predictive Analytics (PMPA) is a solution for analyzing, planning, predicting, and simulating plant data in real-time to maximize machine performance at minimal costs. It operates by extracting live data from the SAP S/4HANA system and presenting it in the form of graphs, charts, and tables via SAP Analytics Cloud Story and Analytical Application.
Corporate Planning Solution (CPS) supports businesses in developing strategic plans, managing workforce, planning salary expenses, and overseeing day-to-day tasks essential to business operations. The solution pulls and projects live data from SAP S/4HANA and SAP SuccessFactors systems, facilitating adjustments concerning workforce management.