KaarTech Targets 30% Growth, Enhanced Profitability After $11 Million Series B Funding
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KaarTech Targets 30% Growth, Profitability Boost After $11M Series B Funding
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CNBC TV18•20-03-2026, 22:08
KaarTech Targets 30% Growth, Profitability Boost After $11M Series B Funding
•AI-led enterprise transformation firm KaarTech secured $11 million in Series B funding, led by Playbook Partners.
•CEO Maran Nagarajan announced a strategic shift towards an "enterprise operating system" and AI-led offerings, aiming for 30% growth with increased emphasis on profitability.
•The company's 45% compounded growth over six years is attributed to strong digital transformation demand in the SAP ecosystem and expansion into North America and Europe.
•New capital will fund acquisitions in data engineering and analytics, projected to add $20–30 million in revenue within six months.
•Playbook Partners' Vikas Choudhury highlighted the investment as a response to the trillion-dollar global opportunity presented by the AI-led migration.
