Mumbai-based Uniqus Consultech Inc, a tech-enabled global platform that offers environmental, social, and corporate governance (ESG), accounting and reporting consultation, raised $12.5 million in a Series A funding round. This capital infusion was led by Nexus Venture Partners, Sorin Investments and other marquee angel investors. 

The funding will primarily be used for investments in technology and scaling the business operations and teams in the US, India and the Middle East. The company plans to explore $15 billion market opportunities in the future. 

Founded by Jamil Khatri and Sandip Kheta, the start-up aims to transform consulting by deeply integrating technology and using a cloud delivery model to serve clients across national boundaries. 

“Sustainability and trust are two of the most vital business imperatives today. Uniqus will enable enterprises to create and scale best-in-class ESG and finance functions as the two key pillars of governance and stakeholder value; and our model addresses these needs by integrating consulting, technology, and on-ground implementation,” Jamil Khatri, CEO and co-founder of Uniqus, said. 

Addressing their decision to invest in Uniqus, Anup Gupta from the Nexus Venture Partners said,  "There is a large market need to enable enterprises in their journey of adopting leading ESG and financial accounting & reporting practices. Uniqus is addressing this opportunity by using technology to leverage top-notch global talent."

Sharing his views on the investment, Sorin Investments’ Sanjay Nayar said, “Uniqus’ 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.”