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Published May 08, 2024

KaarTech: Spearheading Innovation With Uncompromising Financial Governance And Compliance, Eyes IPO In Near Future

Striving for an IPO, KaarTech places utmost importance on financial governance and compliance, equipping enterprises with innovative solutions. And very recently, they have received a credit rating boost from CARE Ratings Ltd. underscoring the firm’s robust financial health and market reputation.

KaarTech, a global leader in technology solutions, proudly announces its enhanced credit rating from CARE Ratings Ltd., underscoring its mission to revolutionize industries through innovation while upholding the highest standards of financial governance and compliance. With aspirations of an Initial Public Offering (IPO) on the horizon, KaarTech remains dedicated to driving value for stakeholders and delivering groundbreaking solutions that shape the digital future.

At the core of KaarTech’s ethos lies a relentless pursuit of innovation, aimed at addressing the evolving needs of businesses in a rapidly changing landscape. By leveraging cutting-edge technologies and fostering a culture of creativity and collaboration, KaarTech empowers organizations to achieve unprecedented levels of efficiency, agility, and growth.

“Our mission at KaarTech is to empower businesses to thrive in a digital world by delivering transformative technology solutions that drive innovation and growth,” stated Maran, CEO of KaarTech. “Central to our vision is a steadfast commitment to the highest levels of financial governance and compliance, ensuring transparency, integrity, and trust in all our operations.”

KaarTech’s recent credit rating upgrade from CARE Ratings Ltd. to a CARE A- with a stable outlook, validates the company’s strong financial position and market standing. This recognition further solidifies KaarTech’s reputation as a reliable partner for clients, investors, and regulatory authorities alike.

“As we set our sights on the next phase of our journey with a potential IPO on the horizon, maintaining the highest standards of financial governance and compliance remains paramount,” emphasized Chandrasekaran, CFO of KaarTech. “We are committed to upholding transparency, accountability, and ethical conduct in all our endeavours, ensuring the continued success and sustainability of our business.”

With a steadfast focus on innovation, financial governance, and compliance, KaarTech is poised to embark on an exciting new chapter in its journey, driven by a shared commitment to excellence and integrity.

For further information about KaarTech and its mission, please visit our website at www.kaartech.com.

About KaarTech

We’re a global leader in technology solutions, empowering businesses to thrive in a digital world through innovation, expertise, and customer excellence. Our mission is to drive transformation and deliver value, enabling organizations to harness the power of technology to achieve their business goals and stay ahead in a rapidly evolving marketplace.

With operations spanning 25+ global locations and headquarters in Chennai, KaarTech has successfully executed over 3200+ projects for 350+ global customers, supported by a talented pool of 3500+ employees. Our strategic focus on ensuring customer excellence has earned us 22+ SAP Quality Awards and 25+ Business Awards globally. Additionally, we have been recognized as a Great Place To Work organization for three consecutive years.

With a robust track record of executing over 75 S/4HANA Digital Transformation projects worldwide, we are at the forefront of the digital transformation wave, powered by our IP, KTern.AI. This tool enables global enterprises to achieve accelerated and intelligent SAP S/4HANA transformations through its Gen AI approach. On the whole, we’re committed to transforming enterprises and securing their success in this digital era.

For more details visit: www.kaartech.com

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