SME Times is powered by   
Search News
Just in:   • Committed to nurture next-gen innovation in 6G technology: Jyotiraditya Scindia  • Europe facing earlier, stronger heatwaves: Climate scientist  • India and Namibia sign two MOUs in fields of health and entrepreneurship  • PM Modi arrives in Delhi after concluding 'productive and successful' 5-nation tour  • ASEAN to keep on consensus, inclusivity: Malaysian official 
Last updated: 04 Feb, 2015  

kaar.thumb.jpg Kaar Technologies to add headcount

kaar.tech.jpg
   Top Stories
» Committed to nurture next-gen innovation in 6G technology: Jyotiraditya Scindia
» Piyush Goyal holds talks with Malaysian minister on review of ASEAN trade pact
» India and OPEC have a unique and symbiotic relationship: Hardeep Puri
» SIP inflows hit all-time high in June, total AUM for equity MF at Rs 74.41 lakh crore
» India set to explore over 2.5 lakh sq kms area in one of largest offshore energy efforts
SME Times News Bureau | 04 Feb, 2015
 City-based SAP consulting company Kaar Technologies will be increasing its head count by 300 this year and also enter newer geographies like the US, Britain, China and others, said a top company official.

"We will be adding head count by 300 people this year taking the total to over 800 employees. We are planning to enter newer markets like the US, Britain, China, Netherlands, Australia and others," Maran N., chairman and vision holder told media Tuesday.

He said the company may also revive its earlier plans to developing its own product that are relative to SAP and would be offered under the "software as service" model.

Currently Kaar Technologies is focussed in the Middle East market with its delivery centre located here.

"We may look at the Indian market in couple of year's time," Maran added.

Queried about the company's earlier plans of looking for private equity (PE) funds, Maran said that plan was shelved.

"We may look for PE funds next year once we enter the new markets," he said.

He said the company's order book position stands at around Rs.230 crore.

Kaar Technologies is expected to close the current year with Rs.130 crore revenue.
 
Print the Page Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
84.35
82.60
UK Pound
106.35
102.90
Euro
92.50
89.35
Japanese Yen 55.05 53.40
As on 12 Oct, 2024
  Daily Poll
Do you think Indian businesses will be negatively affected by Trump's America First Policy?
 Yes
 No
 Can't Say
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter