KaarTech raises $11M in Series B round led by Playbook Partners

KaarTech Secures $11M Series B to Drive Global AI-Led Enterprise Transformation

What is the news?

KaarTech, a premier digital transformation consulting firm founded by a group of four friends Maran Nagarajan, Ratnakumar N, Selvakumaran M, and Guardian George has successfully raised $11 million (₹100 crore) in a Series B funding round. Led by Vikas Choudhury’s Playbook Partners, the round also saw continued support from A91 Partners. This investment arrives at a pivotal moment as KaarTech prepares for a future IPO, transitioning into a provider of outcome-led enterprise operating systems where AI, data, and cloud platforms converge.

Why is it interesting?

The company has established itself as a formidable “Global Indian Alpha,” specializing in SAP-led transformations for massive global conglomerates, including Saudi Aramco and Mitsubishi Electric. Notably, KaarTech’s financial trajectory has been impressive, recording a 56% year-on-year revenue growth to reach ₹718 crore in FY25. With a workforce of over 3,000 professionals, the firm is now doubling down on its “agentic AI” capabilities through its proprietary KTern.AI platform.

The fresh capital is earmarked for strategic acquisitions in data engineering and analytics, alongside a concentrated push to expand its market share in North America and Europe. By maintaining a 100% international revenue stream while building deep technical expertise in India, KaarTech exemplifies the vision of India as a global knowledge and innovation hub, solving complex enterprise challenges on a worldwide scale.

Read more: KaarTech raises $11M in Series B round led by Playbook Partners