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Consulting startup Kayess Square raises Rs 10 Cr in pre-Series A

EntrackrEntrackr · 27d ago
Consulting startup Kayess Square raises Rs 10 Cr in pre-Series A
Medial

Kayess Square, a finance, risk, governance, and transaction advisory firm, has raised Rs 10 crore in a pre-Series A funding round led by Vakil Housing, with participation from Parthasarathy NS, Ramakrishna, Umashankar, Raveen Sastry, Vadiraj Katti, Suresh Pillay, Anand Narayanan, and others. The proceeds will be used to strengthen its core practice areas and enhance the quality of its advisory services, the company said in a press release. Co-founded in 2017 by Sathya Pramod and Shivadutt Bannanje, the Bengaluru-based firm operates at the intersection of finance, governance, transactions, and law. Kayess Square provides CFO advisory, M&A and transaction advisory, due diligence, valuation, risk management, tax advisory, and secretarial services to enterprises across stages and sectors. It supports businesses from early institutionalisation and capital raising to scaling operations. The firm primarily works with startups, growth-stage companies, and investors, offering transaction and M&A advisory, due diligence, and strategic investment support. These services are complemented by a fractional CFO platform and expertise in tax structuring, valuation, corporate and secretarial compliance, risk advisory, and legal contract management. In 2025, Kayess Square acquired the tax compliance and tax advisory division of Consark Advisory Services LLP, strengthening its direct and indirect tax capabilities. According to its website, it has executed more than 4,000 projects and served over 100 clients. Going ahead, Kayess Square plans to attract top-tier talent, deepen domain expertise, and selectively expand into key business geographies. The company aims to build a scaled, institution-led advisory platform to support investors and businesses navigating growth, capital, and governance in an increasingly complex regulatory environment.

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ProcMart raises Rs 25 Cr in pre-Series B round

EntrackrEntrackr · 1y ago
ProcMart raises Rs 25 Cr in pre-Series B round
Medial

Business-to-business procurement marketplace ProcMart has raised Rs 25 crore ($3 million) in its pre-Series B round from Sixth Sense Ventures India. The board at ProcMart has issued 5,933 pre-series B CCPS at an issue price of Rs 42,127 each to raise Rs 25 crore, its regulatory filing soured from the RoC shows. Previously, the startup had raised $10 million in its Series A round led by Sixth Sense Ventures in November 2022. Following the fresh proceeds, Sixth Sense became the largest external stakeholder with 30% stake in ProcMart while its founder and chief executive officer Anish Popli will command 41.76% of the company. As per the startup data intelligence platform TheKredible, the latest capital injection has been done at a valuation, which is Rs 275 crore. Founded in 2015 by Anish Popli, the IndiaMART-backed startup provides supply chain solutions and infrastructure to businesses including services such as purchase order management, contract administration, master data management, e-catalogue management and market intelligence. ProcMart’s clients include Colgate, Mondelez, Harman, and Vedanta. It has 13 offices in India and one in Malaysia. The company also launched white-label in 2022 to provide construction equipment. The Noida-based company recently announced a strategic collaboration with local vendors in the biomass briquettes and pellets manufacturing sector. It competes with Lightspeed Ventures-backed Udaan in the B2B supply chain space.

SBC LLP raises pre-Series A funding at Rs 100 Cr valuation

EntrackrEntrackr · 3d ago
SBC LLP raises pre-Series A funding at Rs 100 Cr valuation
Medial

SBC LLP raises pre-Series A funding at Rs 100 Cr valuation SBC LLP, a multidisciplinary tax, consulting, and advisory firm, has closed its pre-Series A funding round at a valuation of Rs 100 crore (approximately $11.2 million). The round was co-led by Raju Menon and Suresh Katamreddy. The proceeds will be used to accelerate international expansion across the India–UAE–US corridor, develop proprietary AI-enabled technology platforms, and strengthen specialised advisory capabilities, SBC LLP said in a press release. Founded in 2017 by Mithilesh Reddy, the firm offers integrated services across transfer pricing, international taxation, M&A advisory, valuations, Global Capability Centre (GCC) incubation and managed services, and technology-enabled outsourcing. According to the Hyderabad-based company, it has made significant investments in proprietary technology, including AI-powered transfer pricing platforms, integrated litigation tracking systems, and automated compliance frameworks. The firm has also been recognised as a Notable Transfer Pricing Firm by ITR World Tax. SBC LLP plans to focus on three key initiatives: developing AI-enabled platforms to accelerate its pivot toward a “Service-as-a-Platform” model; expanding specialised advisory capabilities in cross-border transactions, ESG consulting, and GCC incubation and managed services; and establishing a presence in high-growth markets such as Saudi Arabia, Singapore, and the UAE. The company said it has grown to over 270 professionals across India, the UAE, and the United States, serving more than 350 clients, including multinational enterprises, private equity-backed companies, and Indian conglomerates.

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