Kovai.co has announced that its flagship knowledge management platform, Document360, has exceeded $10 million in annual recurring revenue (ARR), reinforcing the company’s position as a leading bootstrapped SaaS provider.
The milestone marks the second product from Kovai – after BizTalk360 – to surpass $10 million ARR globally without external funding.
Kovai.co Sets Ambitious Growth Target for Document360
Document360 is the second product from Kovai to cross the $10 million ARR threshold, and the company has outlined plans to scale the platform to $25 million ARR by 2028.
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This growth strategy is supported by a proposed ₹220 crore investment in the Coimbatore Development Centre over the next three years, aimed at accelerating engineering, deep-tech capabilities, and AI-driven innovation.
With total revenue surpassing $20 million, Kovai is strengthening its commitment to its Tier 2 hometown of Coimbatore. The investment will bolster product development, enhance AI capabilities, and expand global operations.
Kovai.co Deepens Roots in Coimbatore with ₹220 Crore Expansion
Saravana Kumar, Founder & CEO of Kovai.co, described the achievement as a pivotal moment for the company and the regional tech ecosystem. He emphasized that Document360 is emerging as a mission-critical knowledge automation platform as enterprises increasingly adopt AI to streamline content management and search workflows.
The investment is expected to fuel annual growth of 40–45% for Document360, with Coimbatore positioned as the main hub for engineering, AI development, and talent expansion.
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Kovai.co’s Document360 Expands Global Customer Base
Launched in 2019, Document360 has become one of the leading platforms in the global knowledge base market, directly competing with major international providers.
The platform now serves over 1,500 customers globally, including VMware, NHS, Ticketmaster, Payoneer, Virgin Red, and Comcast, across industries such as IT, SaaS, healthcare, and manufacturing.
Document360 offers structured knowledge management, intelligent search, and AI-driven automation features that support global teams in delivering instant, accurate information.
Turbo360 to Become Next $10M ARR Product
Looking ahead, Kovai.co is also accelerating efforts to scale Turbo360 – its cloud management and Azure cost optimization solution – as it aims to build its third $10 million ARR product. Turbo360, formerly known as Serverless360, provides infrastructure monitoring and critical cost-saving insights for enterprises managing complex Azure environments.
