In one of the largest SaaS deals in 2023, JSA advised A91 Partners on its investment of USD 30 million in Kaar Technologies (KaarTech), a multinational technology consulting firm which specializes in digital transformation and SAP implementation.
Headquartered in Chennai, India, KaarTech has subsidiaries and affiliates across the world – in Europe, the Middle East, North America and Southeast Asia. A91 Partners’ investment will bolster KaarTech’s global expansion and is a step in KaarTech’s plans to become a publicly traded company.
Deal Value: USD 30 million
Our Transaction Team Comprised Lead Partner – Probir Roy Chowdhury, Partner – Yajas Setlur, Associate – Moushami Nayak, Nikhil George, and Unnati Deva.
Probir specializes in Corporate Commercial, Venture/Private Equity and Information Technology/FinTech. He has been involved in corporate transactions focused on the high technology industry including cross border Mergers & Acquisitions.
Yajas is a member of JSA’s technology, media, and telecommunications (TMT) practice. In this capacity, he advises clients extensively on various aspects of Indian information technology, data privacy and e-commerce laws.