Nexus Venture Partners Leads $12.5 Mn Series A Round For Uniqus Consultech

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Uniqus Consultech, a tech-backed global platform founded by former KPMG and EY executives, announced on Thursday that it has raised $12.5 million (roughly Rs 96 crore) in a Series A funding round led by Nexus Venture Partners, with participation from Sorin Investments and other angel investors.

Following the fundraise, Uniqus announced the acquisition of SustainPlus, a firm that provides ESG consulting to companies in India, Europe, West Asia, and the United States.

The new funds will be used to invest in technology and scale business operations and teams in the United States, India, and West Asia.

Jamil Khatri, former global head of accounting advisory services and member of KPMG’s India Leadership Team, and Sandip Khetan, former head of financial accounting advisory services at EY India, co-founded Uniqus.

Uniqus leadership team as the Global Head of ESG.Jamil Khatri, Co-Founder & CEO of Uniqus, said “Sustainability and Trust aretwo of the most vital business imperatives today. Uniqus will enable enterprisesto create and scale best-in-class ESG and finance functions as the two keypillars of governance and stakeholder value; and our model addresses theseneeds by integrating consulting, technology, and on-ground implementation.”

The startup, which provides ESG and accounting and reporting consulting services, aims to transform consulting by deeply integrating technology and serving clients across national borders via a cloud delivery model. It will initially concentrate on the geographies of the United States, India, and West Asia, which represent a $15 billion addressable market opportunity.

Nexus Venture Partners has been collaborating with entrepreneurs who are launching product-first businesses. It has made over 75 investments in startups focusing on consumer retail, business services, healthcare, education, and enterprise technology.

Nexus led an $8 million investment round in Doola, a US-based fintech player, last month. The venture capital firm invested $10 million in the fintech startup Jify in August.



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