Khaleej Times

Uniqus Consultech raises $10 million in series B funding

The funding comes on the heels of rapid growth and launch of new solutions

- Staff Report

Uniqus Consultech, a tech-enabled global platform that offers ESG and Accounting & Reporting Consulting, announced that it has raised $10 million in Series B funding. The round was led by Nexus Ventures with participat­ion from Sorin Investment­s.

In just over a year of launch, Uniqus has scaled up significan­tly with offices in eight cities across the US, India, and the Middle East with over 350 high-performing profession­als led by 40 partners and directors, serving more than 150 clients. During this period, Uniqus has also launched an AI Assistant for financial reporting and ESG, and a tech platform for ESG data management and reporting.

With its unique combinatio­n of an integrated global delivery model, tech-enabled consulting, and an attractive equity incentive plan; Uniqus has been able to attract both high-quality talent and marquee clients globally.

This latest infusion of capital will be used for the next phase of Uniqus’ growth, which will be fuelled by scaling-up of existing solutions, launch of adjacent service offerings and geographic­al markets, and continued investment­s in technology.

Nexus Venture Partners is an India-us venture fund started by successful entreprene­urs, with a focus on enterprise technology and Digital India spaces. Sorin Investment­s is an early-stage tech fund founded by private equity veteran, Sanjay Nayar.

Jamil Khatri, co-founder and CEO of Uniqus, said: “We are heartened to see a very positive response to the Uniqus value propositio­n from clients, talent and the wider ecosystem, which has enabled us to scale up in a short period of time. Our clients have been encouragin­g us to explore adjacent solutions and high-quality talent has been approachin­g us with new capabiliti­es. The current round of funding will enable us to expand our solutions portfolio, explore new markets, and further accelerate our growth plans.”

Dinesh Jangid, regional managing partner, Middle East, Uniqus, said: “We have built significan­t momentum in the Middle East working with prestigiou­s clients and building the Uniqus brand. Clients are seeing a real difference in our result oriented, agile, and technology-led approach. Robust economic growth, accelerati­ng M&A activity and the transition towards a low carbon economy have also helped us is build a sizeable business in the region in a short period of time. We are committed to providing cutting-edge solutions to our clients in this region.”

An up gupta from nexus ventures said: “The company’s unique cloud delivery model coupled with proprietar­y technology is a game-changer for clients. Uniqus leverages both technology and people to deliver a holistic and compelling value propositio­n for clients. We are delighted to see a new global tech-enabled consulting company take shape.”

Sharing his views on the investment, Sorin Investment­s’ Sanjay Nayar said: “We are excited to partner with Uniqus in their journey to redefine the consulting landscape. The company’s chosen markets of India, US and the Middle East all offer significan­t opportunit­ies either due to their growth potential or their absolute size. The Uniqus team has continued to demonstrat­e their ability to execute to seize the significan­t opportunit­ies before them.”

The Series B funding marks a significan­t milestone in Uniqus’ journey, affirming investor confidence in its vision, team, and potential for long-term success.

For more informatio­n, please visit: www.uniqus.com

Our clients have been encouragin­g us to explore adjacent solutions and highqualit­y talent has been approachin­g us with new capabiliti­es. The current round of funding will enable us to expand our solutions portfolio, explore new markets, and further accelerate our growth plans.” Jamil Khatri, Co-founder and CEO of Uniqus

Produced by KT Engage, the branded content unit of Khaleej Times

 ?? ??
 ?? ??

Newspapers in English

Newspapers from United Arab Emirates