About Kaer
Kaer is a company based in Mumbai (India) founded in 1993. Kaer has raised $350 million across 1 funding round from investors including Mitsui & Co and Patrizia Immobilien. Kaer offers products and services including Cooling as a Service. Kaer operates in a competitive market with competitors including OneSource Water, Ambient, Petro, Climaveneta and Bliss Inns, among others.
- Headquarter Mumbai, India
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Sectors
Business ServicesEnvironment
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Kaer Air Llp
- Date of Incorporation 04 Jan, 2017
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$350 M (USD)
in 1 rounds
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Latest Funding Round
$350 M (USD), Unspecified
Apr 17, 2025
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Investors
Mitsui & Co.
& 1 more
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Employee Count
Not available
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Products & Services of Kaer
Kaer offers a comprehensive portfolio of products and services, including Cooling as a Service.
Provides pay-as-you-use cooling for buildings to enhance sustainability.
People of Kaer
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Funding Insights of Kaer
Kaer has successfully raised a total of $350M through 1 strategic funding round. The most recent funding activity was a Unspecified round of $350 million completed in April 2025. 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 Kaer
Kaer has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Mitsui & Co and Patrizia Immobilien.
| Investor | Description | Founded Year | Domain | Location |
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Real estate fund focused on residential and commercial properties
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Traditional conglomerate services are provided across multiple sectors by Mitsui.
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Investor details for Kaer
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Investments & Acquisitions by Kaer
Investment portfolio details for Kaer
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Financial Statements - Kaer
Detailed financials for Kaer
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Kaer Comparisons
Peer comparison for Kaer
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Competitors of Kaer
Kaer 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 OneSource Water, Ambient, Petro, Climaveneta and Bliss Inns, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Point-of-use water dispensers are manufactured and supplied by OneSource Water.
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HVAC services including installation and maintenance are provided.
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Local home heating oil and home comfort services are provided.
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Offers comprehensive air conditioning services for efficient climate control solutions.
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Accommodation services are provided by Bliss Inns in India.
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Hydration and emergency response equipment is manufactured by Haws.
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Detailed competitors of Kaer
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Latest news on Kaer
Complete news archive for Kaer
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Frequently Asked Questions about Kaer
Kaer was founded in 1993 and raised its 1st funding round 32 years after it was founded.
Kaer is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Justin Taylor is the current CEO of Kaer.
Kaer is a funded company, having raised a total of $350M across 1 funding round to date.
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.
Kaer's top competitors include Petro, OneSource Water and Haws.
Kaer offers Cooling as a Service.
Kaer has 2 investors. Key investors include Mitsui & Co, and Patrizia Immobilien.