KaarTech has secured $11 million in funding from Playbook Partners, valuing the company at Rs 2,000 crore. The funds will be used to expand its business in North America and Europe, including talent acquisition and strategic acquisitions to strengthen its product offerings.
The company, which provides an enterprise operating system and cloud migration services to large global clients, reported a return to profitability in FY25. This funding round is seen as a significant step toward a future initial public offering (IPO).
Main topics: KaarTech's funding round, its business expansion plans, its services in cloud migration and AI-readiness, its financial performance, and its strategic move toward an IPO.