Uniqus Consultech Raises US$12.5M in Series A Funding
Uniqus Consultech, a Mumbai , Maharashtra and New Castle, DE-based provider of a tech-enabled global ESG and Accounting & Reporting Consulting platform, raised US$12.5M in Series A funding.
The round was led by Nexus Venture Partners, with participation from Sorin Investments.
The company intends to use the funds for investments in technology and scaling the business operations and teams in the US, India and the Middle East. Uniqus Consultech has also acquired SustainPlus, a firm that has been providing ESG consulting to leading companies in India, Europe, the Middle East, and the US since 2017. Anu Chaudhary, founder & CEO of SustainPlus, one of the foremost global ESG specialists based in India with over 20 years of experience, now joins the Uniqus leadership team as the Global Head of ESG.
“There is a large market need to enable enterprises in their journey of adopting leading ESG and financial accounting & reporting practices. Uniqus Consultech is addressing this opportunity by using technology to leverage top-notch global talent,” said Nexus Venture Partners’ Anup Gupta.
Uniqus seeks to improve consulting by integrating technology and using a cloud delivery model to serve clients across national boundaries.
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.
“Uniqus Consultech’s cutting-edge offerings are the culmination of work done by professionals with strong backgrounds and track records who have factored in what clients need holistically across the ESG and financial reporting domains,” said Sorin Investments’ Sanjay Nayar.
The company will initially focus on the US, India, and Middle East geographies, which represent a US$ 15 billion addressable market opportunity.
