
Maran Nagarajan, Founder & CEO of KaarTech
Chennai-headquartered AI-led enterprise transformation firm KaarTech has raised $11 million in a Collection B funding spherical led by Playbook Partners.
The contemporary capital infusion shall be directed towards strategic acquisitions in Information Engineering and Analytics, additional strengthening KaarTech’s platform. The funding will speed up the deployment of its Agentic AI capabilities throughout enterprise applications, improve world supply scale, and strengthen go-to-market efforts for outcome-based, AI-led transformation companies.
KaarTech says it has delivered a ~45 per cent income CAGR over the previous 5 years, and has crossed ₹1,000+Cr in income. This development has been pushed by its proprietary platform, KTern.AI, which embeds governance and final result assurance into large-scale enterprise transformations.
Based in 2005 in Chennai, KaarTech specialises in Enterprise Working System (EOS) modernisation throughout enterprise purposes, knowledge, cloud, and AI. The corporate earlier raised round $30 million from A91 Partners in 2023, in its first fairness fundraise. With 3,000+ professionals throughout 15+ world areas, the corporate has delivered over 3,300 initiatives for main enterprises worldwide, together with Aramco.
Commenting on the fundraise, Maran Nagarajan, Founder & CEO of KaarTech, says, “This elevate marks a defining chapter in KaarTech’s journey in the direction of an IPO. This displays the belief positioned in us by our staff, prospects, companions, and stakeholders, and the self-discipline with which we’ve got executed our technique. As we’re driving a transparent shift in the direction of an outcome-led Enterprise Working System, the place AI, knowledge, and enterprise platforms come collectively to ship measurable enterprise influence, this partnership with Playbook Partners permits us to additional speed up our development globally. Our precedence stays constructing a resilient, institution-grade enterprise designed for sustained, long-term influence.”
Vikas Choudhury, Managing Accomplice, Playbook Partners, stated, “At Playbook Partners, we again founders constructing enduring establishments with robust execution self-discipline. KaarTech stands out for its deep area experience, AI-driven transformation, and powerful shopper relationships. As a very world participant with operations spanning the USA, Europe, and the Center East, KaarTech has demonstrated exemplary worth creation over the previous couple of years.”
KaarTech and present investor A91 had been suggested by Veda Company Advisors.
Revealed on March 9, 2026
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