Ex-KPMG Partner startup Uniqus Consultech raised ₹171 Cr

• Uniqus raised INR 171 Cr (~$20M) in Series C, taking total funding to ~$61M; valuation has doubled with each round, now at $250M (₹2,087.5 crore)
• In just three years, Uniqus Consultech has gone from an ambitious startup to a fast-growing global consulting player.

Founded by Big 4 leaders

In September 2022, Jamil Khatri (ex-KPMG) and Sandip Khetan (ex-EY) founded Uniqus, specializing in:

• ESG Consulting
• Accounting Consulting for global and domestic markets.

Unlike the Big 4 firms, Uniqus focuses exclusively on consulting, with no audit services involved.

Who invested in Uniqus and money raised

While most consultancies follow a traditional partnership model, Uniqus operates as a company.

This structure allows them to raise capital and, as a result, they have established an Employee Stock Ownership Plan (ESOP) pool… and they did just that!

• Dec 2022 Series A: Raised $12.5M from Nexus Venture Partners and Sorin Investments (Valuation of $50M)
• April 2024 Series B: Secured $10M from the same investors (Valuation of $100M in the second round)
• April 2024 Series C: Secured INR 171 Cr (~$20 Mn) led by Nexus Venture Partners and Sorin Investments (Valuation of $250 Million, once again double it valuation)

With this round, Uniqus has now raised ~INR 547.6 Cr…that $61.4 Mn!

Let us look at some numbers…

Clients Served: 250+

Team Size: 550+ professionals (including 60+ Partners & Directors)

Uniqus’ Growth Plans: Jamil Khatri, Co-founder of Uniqus Consultech, told CNBC-TV18:

• 2024: Revenue tripled, expecting $50 million in revenue by the end of the year (third year of operation). (India FY24 Revenue: INR 17 Cr (~$2.5 Mn) Net Profit: INR 35 lakh)

• 2026: Aiming for $100 million in revenue.

• 2027: Targeting $150 million.

As mentioned to CNBCTV18, Uniqus Consultech’s revenue breakdown:

• 40% of revenue comes from the US

• 40% from the Middle East

• The remaining 20% is generated in India

Services offered by Uniqus

Accounting & Reporting Consulting

This practice assists clients in the following:

• Accounting
• Financial reporting
• Capital markets
• Merger transactions reporting
• Regulatory reporting
• Internal control, and automation

They assist companies throughout their IPO journey, ensuring they meet the required internal controls mandated by the Abu Dhabi government, Sarbanes Oxley, India IFC, and other relevant regulations.

ESG and Climate Change Consulting

Uniqus’ second business is dedicated to ESG practice, offering extensive experience and expertise to help clients with all aspects of ESG requirements.

This includes developing:

• ESG strategies
• Setting climate action targets
• Adhering to global and Indian reporting standards
• Utilizing technology
• Providing implementation support

Just like in accounting, there are various reporting frameworks in the world of ESG, such as Global Reporting Initiative (GRI), SAS, and Business Responsibility and Sustainability Reporting (BRSR).

Tech Consulting

• Digitization & Automation
• Data and Analytics
• Technology and Cyber Risk
• AI & ML

Where’s the money going?

Global Expansion: Already active in India, the US, and the Middle East, Uniqus is now eyeing Qatar, Oman, Kuwait, ASEAN countries, and Canada.

Doubling Down on AI: Uniqus is betting big on GenAI and building proprietary platforms, including:

• UniQuest – a GenAI search engine for regulatory data
• Risk UniVerse – simplifies SOX compliance and internal controls
• Reporting UniVerse – streamlines financial reporting
• ESG UniVerse – handles ESG metrics and reporting
• And soon, the flagship: Uniqus AI, a full-stack consulting engine blending GenAI with human expertise

Yes, they are name-dropping AI quite a bit!

New Verticals: The firm is also entering

• Valuation
• Due Diligence services — aiming to become a full-service consulting player.

Jamil Khatri, Co-founder & CEO says, “We are building Uniqus AI, a next-gen platform that combines deep domain expertise with powerful GenAI models.”

He adds that the funding will help them scale globally and revolutionize the consulting model.

Why investors are bullish on Uniqus

According to Anup Gupta of Nexus Venture Partners, “Uniqus represents the future of consulting. Its AI-first, cloud-native model challenges the legacy consulting frameworks and delivers real, measurable value.”

Sanjay Nayar of Sorin Investments added, “Uniqus continues to execute remarkably well and consistently leads the tech-enabled consulting space.”

Building for the Future: Tech + Partnerships

To stay ahead in the AI curve:

• Uniqus is collaborating with Cranium AI to offer solutions focused on AI risk management — a growing concern for large enterprises managing tech-related compliance.

Wrapping up…

Uniqus is moving fast—with capital, global ambitions, and an AI-first approach.

The model is bold, the numbers are big.

But growth comes with expectations.

With a $250M valuation, global expansion plans, and a goal of $100M+ revenue by 2026, the next few years will test whether Uniqus can truly deliver on its promise—and redefine what a modern consulting firm looks like.