KaarTech has secured $11 million (around Rs 100 crore) in fresh funding led by Playbook Partners, while Easebuzz is in talks to raise about Rs 200-300 crore.
Playbook Partners backs KaarTech
KaarTech, a digital transformation consulting company, has secured $11 million (around Rs 100 crore) in fresh funding led by Playbook Partners, per media reports.
The round also saw participation from A91 Partners, which invested in the Chennai-based startup in 2023.
Established in 2006, KaarTech offers digital transformation services based on SAP technology to businesses. Its services include cloud migration, data management platforms, artificial intelligence (AI), automation, analytics, and managed IT support.
The funds raised will help KaarTech expand its presence in global markets such as North America and Europe. The company also plans to ramp up recruitment in these regions and look for acquisition opportunities to improve and expand its product offerings.
Easebuzz in talks to raise funding
Easebuzz is in talks to raise about Rs 200-300 crore to expand its technology infrastructure and strengthen its position in India’s rapidly growing digital payments ecosystem.
The proposed funding could peg the valuation of the company at over $250 million, stated media reports, citing sources.
Headquartered in Pune, Easebuzz offers businesses a range of payment solutions, including payment gateways, subscription management, invoice payments, and payout systems. The firm caters to small and medium enterprises (SMEs), educational institutions, and digital-first companies.
