Bengaluru-based Kayess Square raises Rs 10 crore from Vakil Housing, others

Kayess Square, a Bengaluru-based 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 a group of long-standing clients, industry leaders and senior leadership members, including Parthasarathy NS, Ramakrishna, Umashankar, Raveen Sastry, Vadiraj Katti, Suresh Pillay and Anand Narayanan.

Notably, the entire capital has come from individuals and organisations that have worked closely with Kayess Square across multiple mandates.

“This fundraise is deeply humbling for us,” said Sathya Pramod, co-founder and CEO of Kayess Square. “When clients who understand our values and have witnessed our work firsthand choose to invest their own capital, it reflects confidence not just in outcomes, but in our direction and discipline. That trust brings with it a greater responsibility—one we are fully committed to honouring.”

Founded in 2017 by Pramod and Shivadutt Bannanje, Kayess Square operates at the intersection of finance, governance, transactions and law. The firm provides CFO advisory, M&A and transaction advisory, due diligence, valuation, risk management, tax advisory and secretarial services to enterprises across stages and sectors. Its client base spans startups, growth-stage companies and investors, supporting businesses from early institutionalisation and capital raising to scaling operations.

Its advisory offerings 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, the firm acquired the tax compliance and tax advisory division of Consark Advisory Services LLP, strengthening its direct and indirect tax capabilities.

According to its website, Kayess Square has executed more than 4,000 projects and served over 100 clients to date.

The proceeds from the current round will be used to strengthen core practice areas, attract senior talent and deepen domain expertise. The firm also plans selective expansion into key business geographies, including potential inorganic opportunities.

“This capital will be used to strengthen our core practice areas and elevate the quality of our advisory work,” said Shivadutt Bannanje, co-founder of Kayess Square. “Our focus is on attracting top-tier talent, building deeper domain expertise, and expanding selectively into key business geographies, while remaining anchored to discipline, values and execution excellence.”

Mohsin Ali Vakil, Chairman and Managing Director of Vakil Housing, said the decision to invest followed extensive engagement with the firm. “We have worked closely with Kayess Square across diligence, transaction advisory and risk advisory engagements, and are pleased to deepen this association as investors,” he said.

“The need for a trusted financial and legal advisory partner is critical across organisations of all sizes and stages. Kayess Square consistently demonstrates professionalism, integrity and a strong understanding of business and regulatory realities.”