KNAV secures minority investment from Nikhil Kamath to fuel global acquisitions, new talent to offer expanded services, and technology advancements to enhance global delivery model.
September 2024, Atlanta, GA –
KNAV Advisory Inc. has announced that Nikhil Kamath has made a minority investment in the international accounting and business advisory firm. This investment marks the first tranche of a larger commitment by Nikhil, aimed at supporting KNAV’s international growth strategy. The funds will be used to drive KNAV’s growth initiatives, including acquisitions, as well as to bring in new talent to offer expanded services and increase technology investments. KNAV has been a front-runner in providing a seamless global delivery model for accounting and business advisory services, in contrast to the typical network and association firm models traditionally adopted by the accounting industry.
This partnership is expected to provide significant resources to fuel KNAV’s expansion into new markets, while enhancing its service capabilities. Even as future tranches are released, Nikhil’s stake is expected to remain a minority position, ensuring that KNAV retains its leadership and strategic direction.
KNAV’s strategic focus on expanding its footprint in multiple markets has been central to its growth. Born in Mumbai, India, in 1999, KNAV expanded its footprint across global locations on the back of the international expansion of Indian multinational companies. The international accounting and business advisory firm has been a solution-provider to multinational companies, competing with the global Big 6 firms. The KNAV International network was admitted as the 35th member of the prestigious Forum of Firms in 2024. This was a pioneering and unique achievement for an accounting firm network that has emanated from India. Earlier this year, KNAV acquired Natarajan & Swaminathan LLP, a Singapore-based accounting firm, enhancing its presence in the Singapore market.
“We are thrilled to partner with KNAV, a firm that consistently demonstrates innovation and leadership in the accounting and advisory industry. We seek businesses that not only show strong growth but also drive positive change within their sectors, making KNAV an ideal partner. We believe this investment will further enhance KNAV’s ability to scale globally, providing top-tier services and setting themselves apart from the competition.”
Nikhil Kamath
“This investment will enable us to further enhance our seamless and integrated service delivery model across the globe. 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.”
Nishta Sharma – CEO – KNAV Advisory Inc.
Headquartered in Atlanta, US, KNAV operates under a Global Delivery Model, with operations in the US, UK, Singapore, Canada, India, and the Netherlands, which supports its ability to deliver seamless, integrated services to clients worldwide. The growth capital injection will also be used to enhance KNAV’s technological infrastructure, a critical factor in the firm’s ability to scale in an increasingly digitalized industry.
About KNAV Advisory Inc.
KNAV Advisory Inc. is a leading global advisory firm specializing in tax, audit, and consulting services for businesses across a range of industries. With operations spanning the US, UK, Singapore, Canada, India, Netherlands and Philippines, KNAV provides expert advisory solutions through its Global Firm Model. The firm is known for its client-focused approach and commitment to delivering innovative, technology-driven solutions for businesses worldwide. KNAV is a member of Allinial Global, an association of independent accounting and consulting firms that helps its members deliver worldwide expertise by connecting them with a vast network of professional resources.