Kayess Square Consulting, a Bengaluru-based finance and transaction advisory firm, has raised ₹10 crore in a funding round backed entirely by its long-standing clients and senior leadership team, the company said on Tuesday.
The firm said the capital would be used to accelerate investment in core advisory capabilities, hire senior talent and support selective expansion into new geographies.
Kayess Square said what differentiated the round was that all of the funding came from industry leaders, founders and board members who have worked with the firm across multiple mandates, rather than from institutional investors.
“This fundraise is deeply humbling for us,” CEO Sathya Pramod said in a statement, adding that client participation reflected confidence in the firm’s direction and discipline.
Professional services firms in India have traditionally operated without external capital, but Kayess Square said the round signalled growing willingness among clients and industry executives to back advisory platforms as regulatory and governance requirements rise.
The firm, founded in 2017 by Pramod and co-founder Shivadutt Bannanje, advises startups, growth-stage companies and investors on transactions including mergers and acquisitions, due diligence and investment support.
It also runs a fractional chief financial officer platform and offers services spanning tax structuring, valuation, corporate and secretarial compliance, risk advisory and legal contract management.
The company said it acquired the tax compliance and tax advisory division of Consark Advisory Services LLP in 2025, strengthening its direct and indirect tax capabilities.
“This capital will be used to strengthen our core practice areas and elevate the quality of our advisory work,” Bannanje said, adding that expansion could include inorganic moves while remaining focused on execution.
Mohsin Ali Vakil, chairman and managing director of Vakil Housing, said that the company was pleased to deepen its association with Kayess Square as an investor after working with the firm on diligence, transaction advisory and risk advisory engagements.
