KNAV Advisory Inc, a global accounting and business advisory firm, has announced a minority investment from entrepreneur and investor Nikhil Kamath.
The initial funding represents the first phase of a broader financial commitment aimed at advancing KNAV's global growth strategy, including support for acquisitions, talent recruitment, and technological advancements, the Atlanta-based firm said.
“We are thrilled to partner with KNAV…We seek businesses that not only show strong growth but also drive positive change within their sectors, making KNAV an ideal partner,” Kamath said.
The partnership is anticipated to bring substantial resources to support its expansion into new markets and enhance its service capabilities, KNAV said in a statement.
Despite the potential for additional future investments, Kamath's stake will remain a minority position, ensuring that KNAV continues to control its strategic direction, the statement said.
Kamath said the investment would enable KNAV to expand its global reach, enhance its services, and stand out from competitors.
KNAV CEO Nishta Sharma said the investment would help the firm enhance its seamless global service delivery. “Our strategy includes acquisitions, bringing in new talent to offer expanded services, and advancing our technology infrastructure to ensure we continue to deliver exceptional value to our clients," Sharma said.
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