Founded in 2005, Kaar Technologies began by implementing SAP enterprise software and has since evolved into a global SAP-focused digital transformation partner. The company operates in more than 15 countries, serves large energy, manufacturing and infrastructure clients—especially in the Middle East—and employs over 3,500 people. Management reports that the firm has surpassed an annual recurring revenue run-rate of ₹1,000 crore, achieving roughly 44% CAGR over the past five years. For FY25 it generated ₹718 crore in operating income, a 57% increase year-on-year, and returned to profitability with ₹7.6 crore in net income; H1 FY26 revenue reached ₹441 crore (+43% YoY) with about ₹13 crore in profit. KaarTech intends to channel new capital into bolstering its artificial intelligence, data and industry-specific innovation capabilities. The company also plans strategic acquisitions to deepen its data engineering and analytics expertise, enabling richer AI-powered insights for enterprise customers. Its strategy has produced a 4× rise in enterprise value since its Series A, reflecting robust customer and stakeholder confidence.

Total raised

$41M

Funding rounds

2

Latest round

Series B

Latest activity

Mar 2026