Nexus leads $12.5m funding in Uniqus Consultech and other India deals

Uniqus Consultech Inc., a tech-enabled global platform that offers ESG and accounting and reporting consulting, Thursday launched formal operations and announced raising $12.5 million in its Series A funding round for a minority stake sale.

Nexus Venture Partners, which has also backed prominent Indian startups including Delhivery, Postman, Zepto, Turtlemint and others, led the funding round in Uniqus Consultech. The deal also marks the first investment for Sorin Investments, an early-stage tech fund founded by private equity veteran Sanjay Nayar, former chairman of KKR India.

Global business and consulting leaders including Pirojsha Godrej, Anant Goenka, Apoorva Patni, Keki Mistry, Ranu Vohra, Dhanpal Jhaveri, Vijay Malhotra, Bala Swaminathan, and Sridar Iyengar also participated in the round, the startup said in a statement.

Uniqus will use the funds for investments in technology and scaling the business operations and teams in the US, India and the Middle East, as these regions represent a $15-billion addressable market opportunity.

INDIA DEAL MONITOR

Here are the prominent venture capital transactions in India announced from December 6-9, 2022.

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