Uniqus Consultech Reels In $10 Million

<p><strong>SAN JOSE<&sol;strong> &&num;8212&semi; Uniqus Consultech&comma; a tech-enabled global platform that offers ESG and Accounting &amp&semi; Reporting Consulting&comma; has raised &dollar;10 million in Series B funding&period; The round was led by Nexus Ventures with participation from Sorin Investments&period;<&sol;p>&NewLine;<p>&nbsp&semi;<&sol;p>&NewLine;<p>In just over a year of launch&comma; Uniqus has offices in eight cities across the US&comma; India&comma; and the Middle East with over 350 professionals led by 40 Partners and Directors&comma; serving more than 150 clients&period; During this period&comma; Uniqus has also launched an AI Assistant for financial reporting and ESG&comma; and a tech platform for ESG data management and reporting&period;<&sol;p>&NewLine;<p>With its unique combination of an integrated global delivery model&comma; tech-enabled consulting&comma; and an attractive equity incentive plan&semi; Uniqus has been able to attract both high-quality talent and marquee clients globally&period;<&sol;p>&NewLine;<p>This latest infusion of capital will be used for the next phase of Uniqus’ growth&comma; which will be fuelled by scaling-up of existing solutions&comma; launch of adjacent service offerings and geographical markets&comma; and continued investments in technology&period;<&sol;p>&NewLine;<p>Nexus Venture Partners is an India-US venture fund started by successful entrepreneurs&comma; with a focus on enterprise technology and Digital India spaces&period; Sorin Investments is an early-stage tech fund founded by private equity veteran&comma; Sanjay Nayar&period;<&sol;p>&NewLine;<p><b>Jamil Khatri&comma; Co-Founder &amp&semi; CEO of Uniqus<&sol;b>&comma; said&comma; &OpenCurlyDoubleQuote;We are heartened to see a very positive response to the Uniqus value proposition from clients&comma; talent and the wider ecosystem&comma; which has enabled us to scale up in a short period of time&period; Our clients have been encouraging us to explore adjacent solutions and high-quality talent has been approaching us with new capabilities&period; The current round of funding will enable us to expand our solutions portfolio&comma; explore new markets&comma; and further accelerate our growth plans&period;”<&sol;p>&NewLine;<p><b>Anup Gupta <&sol;b>from<b> Nexus Ventures&comma; <&sol;b>said&comma; &&num;8220&semi;The company&&num;8217&semi;s unique cloud delivery model coupled with proprietary technology is a game-changer for clients&period; Uniqus leverages both technology and people to deliver a holistic and compelling value proposition for clients&period; We are delighted to see a new global tech-enabled consulting company take shape&period;”<&sol;p>&NewLine;<p><b>Sorin Investments’ Sanjay Nayar&comma; <&sol;b>said&comma; &&num;8220&semi;We are excited to partner with Uniqus in their journey to redefine the consulting landscape&period; The company’s chosen markets of India&comma; US and the Middle East all offer significant opportunities either due to their growth potential or their absolute size&period; The Uniqus team has continued to demonstrate their ability to execute to seize the significant opportunities before them&period;”<&sol;p>&NewLine;

Editor

Intel Names New Foundry Leader

SANTA CLARA — Intel Corporation has appointed Seok-Hee Lee [photo above] as executive vice president…

1 day

Parafin Launches Spend Business Credit Card

SAN FRANCISCO -- Parafin, a financial infrastructure company that provides platforms with embedded financial products…

1 day

Hang Ten Reels In $32 Million

PALO ALTO -- Hang Ten Systems, an enterprise AI services company, has raised $32 million…

1 day

Doordash Offers Auto Parts Delivery

DoorDash is racing into the auto parts category. Millions of customers nationwide can now shop…

1 day

Microsoft Breaks Ground on Data Center in Alviso

SAN JOSE – HITT Contracting announced the groundbreaking of Microsoft’s new Alviso datacenter campus in San…

2 days

Convey Lands $38 Million Series A

SAN FRANCISCO — Convey, an enterprise AI platform that enables non-technical operators to build and manage…

2 days