Uniqus Consultech, a global platform that provides ESG and accounting and reporting consulting, has launched its operations and bagged $12.5m in a Series A.
The round was led by Nexus Venture Partners and also saw participation from fellow investor Sorin Investments.
Uniqus aims to transform consulting by integrating technology and using a cloud delivery model to serve clients across national boundaries.
The company stated that it will eliminate auditor independence conflicts by not providing any audit services and has created an attractive equity stock option pool to enable high-quality talent to participate in its value creation.
Uniqus will initially focus on the US, India, and Middle East geographies, which represent a $15bn addressable market opportunity.
Uniqus’ ESG practice has deep experience and skills to assist clients with their end-to-end ESG needs, including the overall ESG strategy, climate action goals, global & Indian reporting frameworks, technology, and implementation support.
The company’s accounting & reporting practice comprises leaders and professionals with proven expertise in all areas of the finance function and is designed to assist clients across their accounting, financial reporting, capital markets and merger transactions reporting, regulatory reporting, internal control, and automation requirements.
According to Uniqus, the funding will primarily be used for investments in technology and scaling the business operations and teams in the US, India and the Middle East.
Uniqus CEO and co-founder Jamil Kahtri said, “Sustainability and Trust are two of the most vital business imperatives today. Uniqus will enable enterprises to create and scale best-in-class ESG and finance functions as the two key pillars of governance and stakeholder value; and our model addresses these needs by integrating consulting, technology, and on-ground implementation.”
“We thank our investors for their faith in us. Together, we’ll create the consultancy of tomorrow.”
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