About Kaar Technologies
Kaar Technologies is a company based in Chennai (India) founded in 2005 by Frans Damen, Ratnakumar Nagarajan, Gaurdian George, Selva Kumaran, and Maran Nagarajan. Kaar Technologies has raised $42.09 million across 7 funding rounds from investors including BlackSoil, A91 Partners and Mahesh Kanna. The company has 1,606 employees as of April 30, 2025. Kaar Technologies has completed 1 acquisition, including Dunn Solutions. Kaar Technologies operates in a competitive market with competitors including UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others.
- Headquarter Chennai, India
- Employees 1606 as on 30 Apr, 2025
- Founders Frans Damen, Ratnakumar Nagarajan, Gaurdian George, Selva Kumaran, Maran Nagarajan
- Stage Minicorn
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Sectors
Business ServicesTechnology
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Email
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Phone
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Website
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Social
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Annual Revenue
$55.73 M (USD)27as on Mar 31, 2024
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Net Profit
-$8.09 M (USD)-489as on Mar 31, 2024
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EBITDA
-$4.31 M (USD)-184as on Mar 31, 2024
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Total Equity Funding
$42.09 M (USD)
in 7 rounds
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Latest Funding Round
$11 M (USD), Series B
Mar 03, 2026
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Investors
BlackSoil
& 82 more
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Employee Count
1606
as on Apr 30, 2025
- Investments & Acquisitions
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People of Kaar Technologies
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Funding Insights of Kaar Technologies
Kaar Technologies has successfully raised a total of $42.09M across 7 strategic funding rounds. The most recent funding activity was a Series B round of $11 million completed in March 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Kaar Technologies
Kaar Technologies has secured backing from 83 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include BlackSoil, A91 Partners and Mahesh Kanna.
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Private debt is provided to growth-stage companies by BlackSoil.
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Investor details for Kaar Technologies
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Investments & Acquisitions by Kaar Technologies
Kaar Technologies has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Dunn Solutions.
Investment portfolio details for Kaar Technologies
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Complete acquisition details for Kaar Technologies
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Financial Statements - Kaar Technologies
Detailed financials for Kaar Technologies
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Kaar Technologies Comparisons
Peer comparison for Kaar Technologies
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Competitors of Kaar Technologies
Kaar Technologies operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others.
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High-quality office furniture is provided by UST for various needs.
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Application development, cloud, cybersecurity, and business intelligence services are provided.
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Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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Provider of end-to-end business process outsourcing services
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Detailed competitors of Kaar Technologies
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Latest news on Kaar Technologies
Complete news archive for Kaar Technologies
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Frequently Asked Questions about Kaar Technologies
Kaar Technologies was founded in 2005 and raised its 1st funding round 1 year after it was founded.
Kaar Technologies is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Maran Nagarajan is the current CEO of Kaar Technologies. They have also founded this company.
Kaar Technologies is a funded company, having raised a total of $42.09M across 7 funding rounds to date.
As of Apr 30, 2025, the latest employee count at Kaar Technologies is 1,606.
Annual revenue of Kaar Technologies is $55.73M as on Mar 31, 2024.
Kaar Technologies was founded in 2005 in Chennai, India, as a consulting firm focused on digital transformation and SAP systems. Services are delivered across cloud, analytics, IoT, blockchain, RPA, AIML, ERP, supply chain, HCM, procurement, and mobility domains. Solutions are designed and deployed to support operational enhancements for clients globally, with leadership provided by co-founders including Maran Nagarajan as CEO.
Kaar Technologies's top competitors include 1&1 IONOS, Booz Allen Hamilton and Genpact.
Kaar Technologies has made 1 acquisition, including Dunn Solutions.
Kaar Technologies has 83 investors. Key investors include BlackSoil, A91 Partners, Mahesh Kanna, Gokul N, and Mukesh Mani S.
The valuation of Kaar Technologies is $11.64M as of Oct 2020.