Kaar Technologies - About the company
Kaar Technologies is a series B company based in Chennai (India), founded in 2005 by Maran Nagarajan, Ratnakumar Nagarajan, Selva Kumaran and Frans Damen. It operates as a Consulting firm specializing in digital transformation and SAP expertise. Kaar Technologies has raised $42.1M in funding from investors like Kaar Solutions India, Playbook Partners and A91 Partners, with a current valuation of $*****. The company has 146806 active competitors, including 1099 funded and 8412 that have exited. Its top competitors include companies like IBM, Mindtree and UST.
Company Details
Consulting firm specializing in digital transformation and SAP expertise. It design, deliver, and deploy intelligent, future-proof digital solutions that enhance customer, employee, and stakeholder experiences. It offerings includes cloud, analytics, IoT, blockchain, RPA, AI/ML, ERP, supply chain, HCM, procurement, and mobility solutions.
- Website
- www.kaartech.com
- Social
- Email ID
- *****@kaartech.com
- Registered Address
- NO.136, ARCOT ROAD, 8TH FLOOR SHYAMALA TOWERS, SALIGRAMAM, CHENNAI, Tamil Nadu, India, 600093
Key Metrics
Founded Year
2005
Location
Chennai, India
Stage
Series B
Total Funding
$42.1M in 7 rounds
Latest Funding Round
Post Money Valuation
$***** as on Aug 13, 2024
Investors
Ranked
53rd among 146806 active competitors
Annual Revenue
₹500 - ₹1,000 Cr as on Mar 31, 2025
Employee Count
1,606 as on Apr 30, 2025
Investment & Acquisitions
Similar Companies
Legal entities associated with Kaar Technologies
Kaar Technologies is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
KAAR TECHNOLOGIES INDIA PRIVATE LIMITED CIN: U72200TN2005PTC087065 , India, Active | Jul 27, 2005 | ₹500 - ₹1,000 Cr (As on Mar 31, 2025) | 1650 (As on Aug 01, 2025) | |
NORTHERN LITHO XVI LLC CIN: 6763122 , United States, Active | Mar 10, 2023 | - | 84 (As on Dec 31, 2022) | - |
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Kaar Technologies's funding and investors
Kaar Technologies has raised a total funding of $42.1M over 7 rounds. Its first funding round was on May 05, 2006. Its latest funding round was a Series B round on Mar 03, 2026 for $*****. 1 investor participated in its latest round. Kaar Technologies has 10 institutional investors and 77 angel investors.
Here is the list of recent funding rounds of Kaar Technologies:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 03, 2026 | 1416365 | Series B | 4266657 | 5125782 | 1569940 | 4656798 |
Jun 26, 2023 | 3256280 | Series A | 4262045 | 4093048 | 7348312 | 7105564 |
Oct 05, 2021 | 8666907 | Venture Debt | 8840816 | 8712601 | 2093400 |
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Kaar Technologies' founders and board of directors
Founder? Claim ProfileThe founders of Kaar Technologies are Maran Nagarajan, Ratnakumar Nagarajan, Selva Kumaran and Frans Damen. Maran Nagarajan is the CEO of Kaar Technologies.
Here are the details of Kaar Technologies' key team members:
- Maran Nagarajan: Co-Founder & CEO of Kaar Technologies and founder of 1 other company. They are also an angel investor in 1 startup and serve on the board of 1 company.Contact Info: 1 phone number
- Ratnakumar Nagarajan: Co-Founder & Head of Products & Director of Kaar Technologies and founder of 1 other company. They are also an angel investor in 1 startup and serve on the board of 1 company.Contact Info: 1 email address and 1 phone number
- Selva Kumaran: Co founder & Director of Kaar Technologies. They are also an angel investor in 1 startup and serve on the board of 1 company.Contact Info: 1 phone number
- Frans Damen: Co-Founder of Kaar Technologies.
Kaar Technologies' Board of Directors
Kaar Technologies's board has 7 active members. Maran Nagarajan, Ratnakumar Nagarajan, Selva Kumaran, Gautam Mago, Kaushik anand Kalyana Krishnan, Franciscus Damen and Gaurdian George are part of team.Here is the list of Kaar Technologies' board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 20y 2m | |
Team | - | Current | 1y 8m | |
Team | - | Current | 3y 4m | |
Team | - | Current | 16y 2m | |
Investor | - | Current | 3y 0m | |
Investor | - | Current | 3y 0m | |
vvwawmq | Investor | ydsjeix | Current | 7y 9m |
View details of Kaar Technologies's Founder profiles and Board Members
Kaar Technologies' employee count trend
Kaar Technologies has 1,606 employees as of Apr 25. The total employee count is 20.0% more than what it was in Apr 24. Here is Kaar Technologies's employee count trend over the years:
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Kaar Technologies's Competitors and alternates
Top competitors of Kaar Technologies include IBM, Mindtree and UST. Here is the list of Top 10 competitors of Kaar Technologies, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | IBM 1911, Armonk (United States), Public | Provider of hybrid cloud, artificial intelligence, and IT consulting services | - | 81/100 | |
2nd | Consulting and implementations company | $23.9M | 78/100 | ||
3rd | UST 1999, Aliso Viejo (United States), Late Stage | Provider of data analytics, cloud modernization, management strategy, and digital transformation services | $250M | 76/100 | |
4th | Provider of consulting, data analytics, and IT services | - | 75/100 | ||
5th |  Deloitte 1845, London (United Kingdom), Series B | Provider of audit, consulting, financial advisory, risk management, and tax services | $21.4M | 75/100 | |
6th | Provider of IT consulting, technology, and outsourcing services | - | 75/100 | ||
7th | Hewlett Packard Enterprise 2015, Houston (United States), Public | Provider of edge-to-cloud solutions, products, and services for enterprise organizations | - | 73/100 | |
8th | Virtusa 1996, Westborough (United States), Acquired | IT services company | $45.2M | 73/100 | |
9th |  Datamatics 1975, Mumbai (India), Public | Provider of digital technologies, business process management, analytics, and automation services | $3M | 73/100 | |
10th | Provider of diversified application development, IT consulting, and digital transformation services | - | 73/100 | ||
53rd | Kaar Technologies 2005, Chennai (India), Series B | Consulting firm specializing in digital transformation and SAP expertise | $42.1M | 66/100 |
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Kaar Technologies's Latest cap tables and shareholding
Founders (largest shareholder) own 49.51%, Funds own 35.96%, Enterprises own 0.00% and Angels own 1.75%. The net worth of Kaar Technologies's founders is INR 361Cr as of Aug 13, 2024.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 49.51% | 361Cr | 7624640 | 6836231 | 4628305 | 8408279 |
3586660 | 3595674 | 3586056 | 3733779 | 4469378 | 6468146 | |
2236751 | 9852019 | 8886138 | 6367194 | 4605456 | 4527510 | |
3681823 | 6541604 | 2349183 | 5998575 | 8103699 | 5761132 | |
69 | 93 | 67 | 17 | 92 | 14 | |
Fund | 35.96% | 262Cr | 1578081 | 4047917 | 3779231 | 2323150 |
1524012 | 6614284 | 8936438 | 2734877 | 8377848 | 4403272 | |
Enterprise | - | 0 | 0 | 0 | 0 | 0 |
Angel | 1.75% | 12.7Cr | 2 | 5 | 1 | 6 |
Other People | 9.76% | 71.1Cr | 8334935 | 4200704 | 2290084 | 5248154 |
ESOP Pool | 1.78% | 12.9Cr | 8 | 2 | 5 | 7 |
Other Investors | 1.25% | 9.14Cr | 3 | 4 | 8 | 5 |
Total | 100.00% | 729Cr | 6900580 | 6127306 | 2372766 | 4923704 |
To unlock detailed Cap Table of Kaar Technologies Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of Kaar Technologies's Shareholding
Kaar Technologies's Investments and acquisitions
Kaar Technologies has made 6 investments in companies including BatteryPool and TurboHire. Kaar Technologies has also acquired 2 companies including Dunn Solutions and Dunn Solutions.Here is the list of investments & acquisitions:Filter this list
Filter this listDate of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Sep 25, 2023 | Acquisition | 1988 | Chicago (United States) | |
Apr 29, 2023 | Investments | 2018 | Pune (India) | |
Aug 20, 2022 | Investments | 2019 | Hyderabad (India) |
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Reports related to Kaar Technologies
Here is the latest report on Kaar Technologies's geography:
News related to Kaar Technologies
Filter this listMedia has covered Kaar Technologies for a total of 9 events in the last 1 year, 3 of them have been about company updates.
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KaarTech raises Rs 100 Cr from Playbook PartnersStartupNews•Mar 03, 2026•Playbook Partners, Kaar Technologies, A91 Partners
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KaarTech Named Among India's Top 50 Best Workplaces in IT & IT-BPMThe Tribune•Feb 05, 2026•Kaar Technologies
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KaarTech Strengthens Its CTRM Capabilities Through Strategic Association with SAPOCOMKaar Technologies•Dec 31, 2025•Kaar Technologies, Sapocomglobal
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KaarTech recognized as India’s Top 50 Best IT and IT-BPM Workplaces for 2025 by Great Place To Work® IndiaKaar Technologies•Dec 09, 2025•Kaar Technologies
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KaarTech Recognized as “India’s Greatest Brands 2025” at AsiaOne Global ForumKaar Technologies•Sep 29, 2025•Kaar Technologies
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KaarTech Achieves AWS SAP Competency Specialization along with Advanced Tier Partnership!Kaar Technologies•Sep 03, 2025•Kaar Technologies, Amazon Web Services
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KaarTech earns fourth straight "Great Place to Work" certification, highlighting its inclusive workplace.Asian News International•Mar 28, 2025•Kaar Technologies
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