Uniqus Consultech Secures $20 Million in Series C Funding for AI-Powered Consulting Solutions

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Uniqus Consultech, a tech-enabled global consulting firm, has raised $20 million in Series C funding to expand its AI-powered tools and global presence. The funding round, led by existing investors, will fuel the company's growth in tech-driven consulting services.

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Uniqus Consultech Raises $20 Million in Series C Funding

Uniqus Consultech, a rapidly growing global professional services firm, has successfully secured $20 million in Series C funding, doubling its valuation to $250 million just a year after its $100 million Series B round 1. The funding round was led by existing investors Nexus Venture Partners and Sorin Investments, demonstrating strong confidence in the company's vision and potential for long-term success 2.

Expansion Plans and AI-Powered Solutions

The fresh capital will be utilized to fuel Uniqus Consultech's ambitious growth plans, including:

  1. Global expansion: The company aims to enter new markets such as Qatar, Kuwait, Oman, ASEAN, and Canada 1.
  2. Service diversification: Uniqus plans to launch complementary services and enter new areas like valuation and diligence 1.
  3. AI-powered tools: A significant portion of the investment will be directed towards research and development, with a focus on AI-driven solutions to address complex reporting and risk management challenges faced by clients 3.

Jamil Khatri, Co-founder & CEO of Uniqus Consulting, emphasized the company's commitment to leveraging AI, stating, "The big push now is using AI to break into more traditional service areas" 1.

Uniqus' Rapid Growth and Market Position

Since its launch two years ago, Uniqus has experienced remarkable growth:

  • Established offices in 11 cities across India, the US, and the Middle East 3.
  • Employs over 550 professionals, including 60 partners and directors 1.
  • Serves more than 250 clients across various markets 1.

The company has also developed several tech assets, including:

  • UniQuest: A platform for search, summarization, and analysis of regulatory filings 3.
  • Risk UniVerse: A proprietary platform for streamlining internal controls and SOX compliance 3.
  • Reporting UniVerse: A comprehensive solution for financial reporting and data management 3.
  • ESG UniVerse: An advanced tool for environmental, social, and governance (ESG) metrics 3.

Investor Confidence and Market Opportunity

Anup Gupta, Managing Director of Nexus Venture Partners, expressed strong support for Uniqus, stating, "Uniqus represents the future of consulting. While traditional consulting firms struggle to adapt to changing market needs, Uniqus takes a fundamentally different approach that delivers superior results" 1.

Sanjay Nayar of Sorin Investments added, "Uniqus continues to execute remarkably well as it builds a differentiated, global consulting company. The company has anticipated and capitalized on the growing need for tech-enabled consulting services, positioning itself well ahead of competitors" 2.

With an estimated $100 billion+ addressable market, Uniqus is well-positioned to capitalize on the increasing demand for modern consulting solutions that blend deep domain expertise with cutting-edge technology and access to a global talent pool 3.

Company Background and Leadership

Uniqus Consultech was co-founded in 2022 by Jamil Khatri, former KPMG audit head, and Sandip Khetan, former EY Financial Accounting Advisory Services (FAAS) chief 1. The company offers consulting services in various segments, including accounting & reporting, finance operations, governance, risk, ESG, and technology 2.

As Uniqus Consultech continues to disrupt traditional consulting models with its tech-driven approach, the latest funding round positions the company for further innovation and expansion in the rapidly evolving professional services landscape.

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