Uniqus Consultech, a tech-enabled global consulting firm, has secured $20 million in a Series C funding round led by Nexus Venture Partners, with participation from Sorin Investments. This investment aims to accelerate Uniqus’s growth, expand its service offerings, and enhance its technological capabilities.
Company Overview
Founded by consulting veterans Jamil Khatri and Sandip Khetan, Uniqus specializes in Environmental, Social, and Governance (ESG) and Accounting & Reporting consulting. Since its inception in December 2022, the company has expanded its operations across eight cities in the US, India, and the Middle East, employing over 350 professionals. Uniqus serves more than 150 clients, including notable companies like Bloom Energy, GAP, UST, and TaskUs. (indianstartupnews.com)
Strategic Use of Funding
The newly acquired capital will be utilized to scale existing solutions, introduce adjacent service offerings, and invest in technology. CEO Jamil Khatri emphasized the company’s commitment to leveraging technology to enhance service delivery and client outcomes. Uniqus has recently introduced an AI Assistant for financial reporting and ESG, along with a tech platform for ESG data management. (indianstartupnews.com)
Investor Confidence
Anup Gupta of Nexus Venture Partners highlighted Uniqus’s unique cloud delivery model and proprietary technology as game-changers for clients. Sanjay Nayar of Sorin Investments noted the significant opportunities in Uniqus’s chosen markets of India, the US, and the Middle East, praising the team’s execution capabilities. (economictimes.indiatimes.com)
Market Context
The ESG consulting sector is experiencing substantial growth, driven by increased focus on sustainability and governance among investors, regulators, and corporations. Uniqus’s tech-enabled approach positions it well to capitalize on this trend. (economictimes.indiatimes.com)
Future Outlook
With the strong demand in their operating markets, Uniqus has revised its revenue targets upwards. The company now aims to achieve $100 million in revenue by 2026, a year earlier than previously anticipated, and is eyeing $150 million by 2027. Uniqus also expects to close the current calendar year with revenues of about $30 million, maintaining its staffing levels at 1,200 professionals as initially guided. (indianstartupnews.com)
Uniqus Consultech’s recent funding round underscores the growing importance of tech-enabled consulting solutions in the ESG and financial reporting sectors. As the company continues to innovate and expand, it is poised to play a significant role in shaping the future of consulting services.
