Uniqus Consultech, a rapidly growing tech-enabled global consulting firm, has raised USD 20 million (~INR 170.86 crore) in Series C funding round led by Nexus Venture Partners, with participation from Sorin Investments, both of whom are existing backers. The funding marks a significant milestone for the company as it sets its sights on ambitious global expansion, deeper AI integration, and an expanded suite of consulting services.
Uniqus Consultech was founded in 2022 by industry veterans Jamil Khatri (ex-KPMG) and Sandip Khetan (ex-EY), Uniqus Consultech has emerged as a formidable player in the modern consulting space, specializing in accounting & reporting, financial operations, ESG, governance, risk, and technology consulting. The latest capital infusion brings Uniqus’ total funding to USD 61.4 million (~INR 547.61 crore) and reportedly doubles its valuation to USD 250 million (~INR 2,135.80 crore), up from USD 100 million (~INR 854.32 crore) in its previous funding round concluded over a year ago.
Use of the Fundraise
Uniqus Consultech Series C funding will primarily be channeled into three strategic areas:
- Global Expansion: Uniqus Consultech is preparing to deepen its footprint in existing markets across India, the US, and the Middle East, while entering new territories including Qatar, Kuwait, Oman, ASEAN countries, and Canada.
- AI-Led R&D and Platform Innovation: A considerable portion of the funds will go toward accelerating research and development around its proprietary platforms powered by generative AI (GenAI). These include:
- UniQuest: A GenAI search and analysis engine for regulatory data.
- Risk UniVerse: A platform for SOX compliance and internal control management.
- Reporting UniVerse: Designed for streamlined financial reporting and data governance.
- ESG UniVerse: A robust tool for ESG data management and environmental compliance.
- New Service Lines: The firm plans to expand into valuation and due diligence services, positioning itself as a full-service, future-ready consulting powerhouse.
“Our latest round of funding positions us to expand our capabilities and geographical presence as we tap into a USD 100 billion+ addressable market,” said Jamil Khatri, Co-founder & CEO. “We are building Uniqus AI, a next-gen platform that combines deep domain expertise with powerful GenAI models to revolutionize the consulting landscape.”
Differentiated Model Driving Investor Confidence
Investor confidence in Uniqus stems from its AI-first, cloud-native delivery model, which challenges traditional consulting paradigms. According to Anup Gupta, Managing Director at Nexus Venture Partners, “Uniqus represents the future of consulting. Its differentiated approach creates real, measurable value for clients.”
Sanjay Nayar, Founder of Sorin Investments, echoed the sentiment, noting that “Uniqus continues to execute remarkably well, consistently staying ahead in the tech-enabled consulting space.”
Remarkable Growth Trajectory
Uniqus Consultech is just 3 years old and has grown fast. We are present in 11 cities and serve over 250 clients with a team of more than 550 professionals including 60+ Partners and Directors.
In India, Uniqus reported FY24 revenue of INR 17 crore (~USD 2.5 million) with a net profit of INR 35 lakh and is looking to reach USD 100 million (~INR 854.23 crore) global revenue by 2026 from an estimated USD 86.6 million (~INR 739.77 crore) currently.
Strategic Partnerships to Enhance Capabilities
In addition to the company’s internal R&D, It has formed strategic partnerships to strengthen technology stack including a partnership with Cranium AI to offer AI risk management solutions as enterprises are looking to mitigate technological risks.
A New Chapter
Uniqus Consultech stands at the cusp of redefining how consulting services are delivered, leveraging cutting-edge AI, deep industry expertise, and a borderless operational model. As legacy firms grapple with digital transformation, Uniqus is setting a new benchmark for what modern consulting should look like.
After Uniqus Consultech Series C funding, the firm is well-positioned to not only scale its operations but also to lead the transformation of consulting into a tech-driven, agile, and globally integrated industry. For more details related to IPO GMP, SEBI IPO Approval, and Live Subscription stay tuned to IPO Central.