kpmg: Former KPMG exec, EY launches audit consultancy, raises $12.5m from Nexus, others | Jobs Recent

Uniqus Consultech, a newly formed audit consulting firm, on Thursday announced a US$12.5 million funding round led by Nexus Venture Partners. The company was co-founded by Jamil Khatri, former global head of accounting advisory services and member of the India management team at KPMG, and Sandip Khetan, former head of financial accounting advisory services at EY India, the statement said.

It also announced that it has acquired SustainPlus, which has provided ESG advice to companies in India, Europe, the Middle East and the US since 2017, and appointed its founder and CEO Anu Chaudhary as global head of ESG (Environmental, Social, and management).

Among other investors, private equity veteran Sanjay Nayar’s Sorin Investments made its first bet on Uniqus. Other industry leaders like Pirojsha Godrej, Anant Goenka, Apoorva Patni, Keki Mistry, Ranu Vohra, Dhanpal Jhaveri, Vijay Malhotra, Bala Swaminathan and Sridar Iyengar also supported him.

The funding will primarily be used to invest in technology and grow business operations and teams in the US, India and the Middle East, he said. Uniqus will initially focus on the US, India and Middle East regions, which represent a US$15 billion market opportunity, the statement added.