Mumbai: Uniqus Consultech Inc, a tech-enabled platform that provides ESG, and accounting and reporting consulting, on Thursday, introduced the launch of its operations by elevating $12.5 million in Sequence A funding for a minority stake sale.
Nexus Enterprise Companions, a number one Silicon Valley-India VC agency with a number of category-creating investments in digital India and the worldwide expertise sector comparable to Delhivery, Postman, Zepto, Turtlemint and others, led the funding spherical.
Uniqus is co-founded by consulting business veterans Jamil Khatri, former world head of accounting advisory companies and member of the India management crew of KPMG, and Sandip Khetan, former head of economic accounting advisory companies of EY India.
Uniqus, a press release mentioned, seeks to rework consulting by deeply integrating expertise and utilizing a cloud supply mannequin to serve purchasers throughout nationwide boundaries. The corporate will remove auditor independence conflicts by not offering any audit companies and has created a pretty fairness inventory possibility pool to allow high-quality expertise to take part in its worth creation.
Uniqus will initially deal with the US, India, and the Center East geographies, which characterize a $15 billion addressable market alternative, it mentioned.
It mentioned that the funding additionally marks the primary funding for Sorin Investments, an early-stage tech fund based by personal fairness veteran Sanjay Nayar, former chairman of KKR India. Distinguished world enterprise and consulting leaders together with Pirojsha Godrej, Anant Goenka, Apoorva Patni, Keki Mistry, Ranu Vohra, Dhanpal Jhaveri, Vijay Malhotra, Bala Swaminathan, and Sridar Iyengar additionally participated within the spherical.
The funding will primarily be used for investments in expertise and scaling the enterprise operations and groups within the US, India and the Center East.
Jamil Khatri, co-founder and chief govt of Uniqus, mentioned that sustainability and belief are two of essentially the most important enterprise imperatives as we speak.
“Uniqus will allow enterprises to create and scale best-in-class ESG and finance features as the 2 key pillars of governance and stakeholder worth; and our mannequin addresses these wants by integrating consulting, expertise, and on-ground implementation,” mentioned Khatri.
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