When was Kaer founded?

Kaer was founded in 1993 and raised its 1st funding round 32 years after it was founded.

Where is Kaer located?

Kaer is headquartered in Mumbai, India. It is registered at 17th Floor, Nirmal Building, Nariman Point, Mumbai City, MUMBAI, Maharashtra, India, 400021.

Which legal entities is Kaer associated with?

Kaer is associated with KAER AIR LLP.

How many employees does Kaer have?

As of Jul 31, 2026, the latest employee count at Kaer is 154.

Is Kaer a funded company?

Kaer is a funded company, having raised a total of $***** in its 1st and only funding round, a Series D round on Apr 17, 2025.

When was the latest funding round of Kaer?

Kaer's latest funding was a $***** Series D round on Apr 17, 2025, with participation from 2 investors. Its primary sector is Facility Management Services. In India, the Facility Management Services sector has seen $143M in funding in 2026 to date.

What is the annual revenue of Kaer?

Annual revenue of Kaer is between ₹10 Cr and ₹50 Cr as on Mar 31, 2025

Where does Kaer rank among its competitors?

Kaer ranks 2nd amongst 2093 active competitors, of which 2 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Kaer, which secured $350M in Apr, 2025.

Who are the top competitors of Kaer?

Kaer's top competitors include Enmac Systems, Pawanputraengineers and Ambient. Among them, Kaer secured the most recent funding round in April, 2025.

Kaer - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Provider of cooling-as-a-service for commercial and industrial buildings. It offers a pay-as-you-use model, eliminating capital expenditure for clients. The service includes all operational responsibilities, allowing clients to focus on their core business. This approach minimizes operational risks and promotes sustainability by utilizing clean energy sources. The service is applicable to various building types, including offices, shopping malls, and data centers.

Website: www.kaer.com/
Social
Phone Number: +91 **********
Registered Address: 17th Floor, Nirmal Building, Nariman Point, Mumbai City, MUMBAI, Maharashtra, India, 400021

Key Metrics

Founded Year

1993

Location

Mumbai, India

Stage

Series D

Total Funding

$350M in 1 round

Latest Funding Round

Series D, Apr 17, 2025, $*****

Investors

Mitsui & 2 more

Ranked

2^nd among 2093 active competitors

Annual Revenue

₹10 - ₹50 Cr as on Mar 31, 2025

Employee Count

154 as on Jul 31, 2026

Similar Companies

Enmac Systems & 2114 more

View Kaer's full profile

Kaer is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
KAER AIR LLP CIN: AAI-1775 , India, Active	Jan 04, 2017	₹10 - ₹50 Cr (As on Mar 31, 2025)	-

Kaer has raised a total funding of $350M over 1 round. Its latest funding round was a Series D round on Apr 17, 2025 for $*****. 2 investors participated in its latest round. Kaer has 3 institutional investors.

Here is the list of recent funding rounds of Kaer:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 17, 2025	2575850	Series D	8853674	9790532	9973057	9394873

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View details of Kaer's funding rounds and investors

Kaer's employee count trend

Kaer has 154 employees as of Jul 26. Here is Kaer's employee count trend over the years:

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Top competitors of Kaer include Enmac Systems, Pawanputraengineers and Ambient. Here is the list of Top 10 competitors of Kaer, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Enmac Systems 2010, Chennai (India), Unfunded	Provider of HVAC services	-	-	42/100
2nd	Kaer 1993, Mumbai (India), Series D	Provider of cooling-as-a-service for commercial and industrial buildings	$350M	Mitsui, Patrizia Immobilien & 1 others	40/100
3rd	Pawanputraengineers India, Unfunded	Provider of air conditioning and ventilation system design and maintenance	-	-	39/100
4th	Ambient 1986, Berkeley Heights (United States), Funding Raised	Provider of HVAC services	-	LBC Credit Partners	38/100
5th	Acumen Aircool 2024, Delhi (India), Unfunded	Provider of air conditioning and HVAC solutions, including installation, maintenance, and repair services	-	-	38/100
6th	Air Mech 2014, Bengaluru (India), Unfunded	Provider of HVAC solutions	-	-	38/100
7th	Fayette Air Conditioning & Sheet Metal 2000, Lake Havasu City (United States), Acquired	Provider of commercial air conditioning repair & installation services	-	-	36/100
8th	Brookaire Company 1974, East Rutherford (United States), Unfunded	Provider of HVAC products manufacturing,distributing, and maintenance services	-	-	36/100
9th	EnSol 2011, Ahmedabad (India), Unfunded	Provider of HVAC services	-	-	33/100
10th	Triteh 2014, Zagreb (Croatia), Unfunded	Provider of HVAC system installation, maintenance, and distribution services	-	-	31/100