Kaar Technologies

Chennai, India Founded: 2005 • Age: 21 yrs Minicorn
Digital transformation and SAP consulting services are specialized in.

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. 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 1,606
  • Founders Frans Damen, Ratnakumar Nagarajan, Gaurdian George, Selva Kumaran, Maran Nagarajan
  • Stage Minicorn
  • Sectors
    Business Services
    Technology
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website kaartech.com
  • Social LinkedIn X Facebook
  • Legal Name Kaar Technologies India Private Limited
  • Date of Incorporation 27 Jul, 2005
Key Metrics
  • Annual Revenue
    ₹726 Cr

    FY 2025 · +57% YoY

  • Net Profit
    ₹7.74 Cr

    FY 2025 · 1% margin

  • EBITDA
    ₹51.59 Cr

    FY 2025 · 7% margin

  • Total Equity Funding
    $42.09M (USD)

    in 7 rounds

  • Latest Funding Round
    $11M (USD), Series B

    Mar 2026

  • Investors
    BlackSoil

    & 82 more

  • Employee Count
    1,606
  • Investments & Acquisitions

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.

  • Total Funding $42.09M
  • Total Rounds 7
  • Last Round Series B β€” $11M
  • First Round $108,996

    (May 2006)

  • Investors Count 83

All 7 funding rounds of Kaar Technologies with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2026$11MSeries B––
Jun 2023$30MSeries A–A91 Partners
–
Oct 2021$4MDebt – Venture––
Oct 2020$684,176Angel Round$11.64MShahinsha Abdul Basheer
May 2017–Debt – Venture––
–
Mar 2014$297,345Seed$12.82MKaar Solutions India
May 2006$108,996Seed–Kaar Solutions India
Valuation history
DateValuationStage
Oct 2020$11.64Mβ€’β€’β€’β€’β€’β€’β€’β€’
Mar 2014$12.82Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $11.64M (Oct 2020). 83 investors in total: 6 institutional and 77 angel.

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.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Investment partnerships and support for founders in software, financial services, and consumer sectors.
2018a91partners.comMumbai, India
-
–playbook.in-
Private debt is provided to growth-stage companies by BlackSoil.
2010blacksoil.co.inMumbai, India
ERP services are provided by Kaar Solutions India to clients.
–kaarsolutions.tcc.modeChennai, India
-
–veteranmarketing.tcc.mode-
Fasteners, tapes, measuring, grinding, and drilling tools are manufactured.
–nemad.comSchiedam, Netherlands

Mahesh Kanna

-
–unknown_d27856611f1b42b8a-

Gokul N

-
–unknown_2c74a502fb32447ab-

Mukesh Mani S

-
–unknown_79382a69cf8844359-

Srinivasan Radhakrishnan

-
–unknown_62460058313f4121a-
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Investor details for Kaar Technologies

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Board of directors of Kaar Technologies India Private Limited (Kaar Technologies)

Kaar Technologies India Private Limited is the primary company behind Kaar Technologies. The board of Kaar Technologies India Private Limited currently have 7 directors; the longest-serving is Nagarajan Maran, appointed in 2005. 3 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Nagarajan Maran
DIN 00130872
Managing Director27 Jul 200521 yrs 2 moKaar Technologies India Private Limited
Nagarajan Ratnakumar
DIN 01256584
Director14 Feb 200719 yrs 7 moKaar Technologies India Private Limited
Gaurdian George
DIN 03063024
Director24 May 201016 yrs 4 moKaar Technologies India Private Limited
Selvakumaran Manickam
DIN 03281082
Director15 Oct 201015 yrs 11 moKaar Technologies India Private Limited
Venkatraman Balakrishnan
DIN 02825465
Director16 Oct 201510 yrs 11 moKaar Technologies India Private Limited
Kaushik Anand Kalyana Krishnan
DIN 07719742
Nominee Director26 Jun 20233 yrs 3 moKaar Technologies India Private Limited
Vikas Badriprasad Choudhury
DIN 00267030
Director26 Feb 20267 moKaar Technologies India Private Limited

People of Kaar Technologies

96 people are tracked at Kaar Technologies (32 in leadership, 3 in board & advisors, 61 in team); the tracked headcount is 1,606.

NameRoleGroup
Frans Damen
Co-FounderLeadership
Co-Founder & DirectorLeadership
Co-Founder & DirectorLeadership
Selva Kumaran
Co-Founder & DirectorLeadership
Co-Founder & CEOLeadership
Gokul Natarajan
Vice PresidentLeadership
Ashish Rao
Head PMOLeadership
Gagan Nair
Regional Sales Head - ENR And Mid Market Eastern ProvinceLeadership
Mark M.
Head Of Net New Name Sales (new Logos)Leadership
Nathan Gee
Head Of AMS Sales & Operations - Uk&i And EuropeLeadership
Dominic Irudayaraj
Head - Ceo's Office (india & Us) And Adminsitrator - Kaar ArakattalaiLeadership
Sathish Eri Seshadri
Head Of Sales Operations - KEBSLeadership
Chithehar Chinnachamy
Business Unit Head - Aviation, Utilities, Telecom & Entertainment - MENALeadership
Rory Clarke
Head Of Solutions - EuropeLeadership
Colin Hennis
Vice President And Head Of UK & I Business UnitLeadership
Rajesh Deivasigamani
Program DirectorLeadership
Chandrasekaran Venugopal
Chief Financial Officer (cfo)Leadership
William Dunn
Strategic Business Unit Head, Dunn SolutionsLeadership
Girish Murali
Head Of Data Engineering & Science - DigiverzLeadership
Jose Hernandez
Chief AI OfficerLeadership

76 more people are available in the full profile.

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Financials of Kaar Technologies

Figures of Kaar Technologies India Private Limited, the primary company behind Kaar Technologies, for FY 2025. Revenue was ₹726 Cr (+57% year on year). Net profit was ₹7.74 Cr (1% margin). EBITDA was ₹51.59 Cr (7% margin). Revenue has grown at a compounded annual rate of +46% over three years and +36% over five years.

  • ₹726 CrRevenue · FY 2025 · +57% YoY
  • ₹7.74 CrNet profit · 1% margin
  • ₹51.59 CrEBITDA · 7% margin
  • ₹77.2 LakhPaid-up capital
  • 1,650Employees (provident fund records)
  • +46%Revenue CAGR, 3 years
  • +36%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Kaar Technologies India Private Limited are on its company page.

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Detailed financial statements 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.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Business solutions and services are provided to support organizational operations.
dunnsolutions.com–1988Sep 2023β€’β€’β€’β€’
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Timeline of Kaar Technologies

5 dated milestones of Kaar Technologies across 21 years, from founding to its latest funding, stage changes and deals.

  1. Founded Kaar Technologies is founded.
  2. Funding First funding round of $109K.
  3. Milestone Reaches Minicorn status.
  4. Acquisition Acquires Dunn Solutions.
  5. Funding Latest funding round, Series B, of $11.0M.

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.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
ust.com.tw1998Taiwan––
High-quality office furniture is provided by UST for various needs.
nttdata.com1967Koto, Japan–4
Application development, cloud, cybersecurity, and business intelligence services are provided.
reply.com1996Turin, Italy$24.33M–
AI, cloud, and blockchain services are provided globally.
globant.com2003Buenos Aires, Argentina$30M564
IT and digital transformation services are delivered to various industries.
ionos.com1988Chesterbrook, United States$19.5M134
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
genpact.com1997New York, United States–129,140
Provider of end-to-end business process outsourcing services
accenture.com1989Dublin, Ireland–29
IT and management consultancy services are provided globally.
persistent.com1990Pune, India$18.8M20,909
IT consulting, data analytics, and digital transformation services are provided.
boozallen.com1914Mclean, United States$2.64M34,200
Analytics, cybersecurity, and digital transformation services are provided.
epam.com1993Newtown Square, United States$50M–
Provider of software development, data analytics, and other IT suite services
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Detailed competitors of Kaar Technologies

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Web traffic of Kaar Technologies

The website of Kaar Technologies (kaartech.com) receives about 19.7K visits a month.

  • Monthly visits
    19.7K

    ▲ 32% vs previous month

Similar websites

Websites whose visitors overlap most with Kaar Technologies. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
bestsap.com
bestsap.com
100%
–––
sap-adm.blogspot.com
sap-adm.blogspot.com
100%
–––
proxit.ch
proxit.ch
100%
–––
quixy.com
96%
96.5K#397,340View details
kissflow.com
96%
502.7K#79,733View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Latest news on Kaar Technologies

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Similar companies to Kaar Technologies

10 companies that operate in the same segment as Kaar Technologies (Digital Transformation & Automation Services), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
IT outsourcing services are delivered across multiple business lines.
2011Bengaluru, Karnataka, IndiaUSD 64.83 MUSD 246.74 M5,260
Analytics and digital solutions for healthcare and banking are provided.
1999New York, New York, United StatesUSD 10 MUSD 2.09 B59,500
Provider of data analytics, cloud modernization, management strategy, and digital transformation services
1998Aliso Viejo, California, United StatesUSD 250 MUSD 59.61 M1,905
Artificial intelligence and analytics solutions are provided for enterprise transformation.
2000New York, New York, United StatesUSD 685 MUSD 270.83 M4,620
Analytics, cybersecurity, and digital transformation services are provided.
1914Mclean, Virginia, United StatesUSD 2.64 MUSD 11.22 B35,800
Enterprise AI models are developed and tuned for business integration.
2022Palo Alto, California, United StatesUSD 1.53 B–35
Provider of end-to-end business process outsourcing services
1997New York, New York, United States–USD 5.08 B140,000
IT consulting, data analytics, and digital transformation services are provided.
1990Pune, Maharashtra, IndiaUSD 19.8 MUSD 1.57 B24,590
Provider of digital signature certificates, PKI, and e-signature solutions
2008Bengaluru, Karnataka, IndiaUSD 26.23 MUSD 74.82 M851
Application development, cloud, cybersecurity, and business intelligence services are provided.
1967Koto, Tokyo, Japan–USD 31.05 B197,780
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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. The company's 1st funding round was a Seed of $109K, raised on May 2006.

Kaar Technologies has 1,606 employees.

The primary company behind Kaar Technologies, Kaar Technologies India Private Limited, reported revenue of β‚Ή726 Cr for FY 2025, up 57% year on year.

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.

Kaar Technologies operates through Kaar Technologies India Private Limited.

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