Uniqus Consultech raises $20 mn in Series C funding
Summary
It aims to scale up rapidly, roll out complementary services, and expand into new markets around the world.A significant portion of the investment will also go into research and development, with a strong focus on AI-powered tools designed to tackle the complex reporting and risk management needs of its clients. Were also eyeing new marketsQatar, Kuwait, Oman, ASEAN, and Canadaas part of our Since its launch two years ago, Uniqus has grown at a brisk pacesetting up offices in 11 cities across India, the US, and the Middle East. (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel , a rapidly expanding global professional services firm, has secured $20 million in Uniqus Consultech , a rapidly expanding global professional services firm, has secured $20 million in Series C funding at a valuation of $250 million from existing investors Nexus Venture Partners and Sorin Investments ET reported last week that several fundssuch as Bessemer, Accel, Lightspeed, Peak XV, WestBridge, and Norwestwere also in the fray, along with existing investors, to invest in the company.The company completed a Series B round in March 2024 at a valuation of $100 million.The firm will use the funds to fuel its ambitious growth plans. It aims to scale up rapidly, roll out complementary services, and expand into new markets around the world.A significant portion of the investment will also go into research and development, with a strong focus on AI-powered tools designed to tackle the complex reporting and risk management needs of its clients.The big push now is using AI to break into more traditional service areas, said Jamil Khatri, Co-founder & CEO of Uniqus Consulting. And in the near term, we plan to enter valuation and diligence services as well.Since its launch two years ago, Uniqus has grown at a brisk pacesetting up offices in 11 cities across India, the US, and the Middle East.