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
-
Sectors
Business ServicesEnvironment
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Kaer Air Llp
- Date of Incorporation 04 Jan, 2017
- Jurisdiction Mumbai, Maharashtra, India
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$350 M (USD)
in 1 rounds
-
Latest Funding Round
$350 M (USD), Unspecified
Apr 17, 2025
-
Investors
Mitsui & Co.
& 1 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Kaer
Kaer offers a comprehensive portfolio of products and services, including Cooling as a Service. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides pay-as-you-use cooling for buildings to enhance sustainability.
Unlock access to complete
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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Unspecified — $350.0M
-
First Round
First Round
(17 Apr 2025)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2025 | Amount | Unspecified - Kaer | Valuation | Patrizia Immobilien , Mitsui |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Kaer
Kaer has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Mitsui & Co. and Patrizia Immobilien. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Real estate fund focused on residential and commercial properties
|
Founded Year | Domain | Location | |
|
Traditional conglomerate services are provided across multiple sectors by Mitsui.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Kaer
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Kaer
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Kaer Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Point-of-use water dispensers are manufactured and supplied by OneSource Water.
|
|
| domain | founded_year | HQ Location |
HVAC services including installation and maintenance are provided.
|
|
| domain | founded_year | HQ Location |
Local home heating oil and home comfort services are provided.
|
|
| domain | founded_year | HQ Location |
Offers comprehensive air conditioning services for efficient climate control solutions.
|
|
| domain | founded_year | HQ Location |
Accommodation services are provided by Bliss Inns in India.
|
|
| domain | founded_year | HQ Location |
Hydration and emergency response equipment is manufactured by Haws.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about Kaer
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 Mumbai, Maharashtra, India.
Who is the current CEO of Kaer?
Justin Taylor is the current CEO of Kaer.
Is Kaer a funded company?
Kaer is a funded company, having raised a total of $350M across 1 funding round to date. The company's 1st funding round was a Unspecified of $350M, raised on Apr 17, 2025.
What does Kaer do?
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.
Who are the top competitors of Kaer?
Kaer's top competitors include Petro, OneSource Water and Haws.
What products or services does Kaer offer?
Kaer offers Cooling as a Service.
Who are Kaer's investors?
Kaer has 2 investors. Key investors include Mitsui & Co., and Patrizia Immobilien.