A Profit-Driven Approach to Affordable Education: A Review of Hippocampus Learning Centers Government schools across India are haunted with serious issues. Teachers are absent 25 percent of days and teaching less than 55 percent of the time. This contributes to the low enrollment rates across the country, standing at a mere 37 percent of 361… Read more >
Category: Media Exposure
Hippocampus Learning Centres partners with Grameen Koota
May 3, 2012 – Media Exposure, Unitus Labs, Unitus Seed Fund
Unitus Capital raises $11.7 million for India MFI Satin
August 4, 2011 – Media Exposure, Unitus Capital
Unitus Capital was the sole advisor to India MFI Satin Creditcare Network Limited in raising new equity and non-convertible debentures totally Rs 52 crore (about USD$ 11.7 million) earlier this year. This included Satin’s third round equity infusion of Rs 40 crore (~USD$ 9 million) from ShoreCap II Limited and Danish Microfinance Partners K/S (DMP) in… Read more >
Unitus Capital helps Janalakshmi raise INR 65 crores
June 22, 2011 – Media Exposure, Unitus Capital
Unitus Capital functioned as the lead financial advisor assisting Janalakshmi, an innovative urban microfinance social business based in Bangalore, India to raise its third round of funding of INR 65 crores (approximately USD$14.5 million.) London based Citi Venture Capital International, which manages over $7 billion in equity investments and committed capital including existing investors have… Read more >
Leapfrog hires Unitus Capital to invest in micro-insurance in India
May 31, 2011 – Media Exposure, Unitus Capital
MUMBAI –LeapFrog Investments, a $135 million fund focused on micro-insurance, is looking to deploy as much as $40 million in India. “India presents an opportunity as the level of penetration of insurance is very low,” said Jim Roth, the company’s co-founder and partner. In other markets, insurance is for the wealthy, whereas in India there… Read more >
Microfinance Article by Unitus Capital Team
February 9, 2011 – Media Exposure, Unitus Capital
Microfinance Article by Unitus Capital Team in Social Space Magazine The Lien Center for Social Innovation at the Singapore Management University (SMU) has recently published its third issue of Social Space magazine. The Lien Center has assembled articles by thought leaders from around the globe to encourage discussion and provoke ideas. Eric Savage, Abhijit Ray and Abhishek Fogla… Read more >
When Microcredit Isn’t the First Step
June 28, 2010 – Media Exposure, Unitus Labs
By Sriram Gutta The microfinance movement has had great success in reaching over 150 million poor and low-income households worldwide. Yet, for nearly 1 billion people living under $1/day, microcredit is not the best first step. This group lives in the deepest and most profound levels of poverty and has little reason to believe that their… Read more >
Unitus arranges $1.5m catalytic debt for Mimo Finance
June 26, 2010 – Media Exposure, Unitus Labs
Unitus Arranges Rs 7 crore ($1.5 million) Debt for Partner Mimo Finance Unitus arranges Rs 7 crore ($1.5 million) of debt funding from $15 million Unitus, Opic & Citi credit facility that finalized March 2010 From Financial Chronicle, Mimo raises Rs 7 crore debt, by Sanjay Vijay Kumar. “Delhi-based non-banking finance company Mimoza Enterprises Finance (Mimo) has… Read more >
Unitus & GV Healthcare Study Highlighted in Microfinance Focus
March 9, 2010 – Media Exposure, Unitus Labs
Unitus, GV Study Debunks Myths and Finds Potential Solutions for Improving Healthcare for the Poor From Microfinance Focus, Study by Unitus, Grama Vidiyal Microfinance shows prospects for financial prodcuts to meet healthcare needs, by Nagesh Narayana. “Increasingly microfinance institutions (MFIs) are realizing the need to go beyond Micro-Credit, like providing divergent financial products to address the small… Read more >
Unitus Discusses Market Linkages on Next Billion
January 8, 2010 – Media Exposure, Unitus Labs
Sriram Gutta of Unitus Discusses Market Linkages on Next Billion From Next Billion, Market Linkages: The Achilles’ Heel of Livelihoods, by Sriram Gutta. “Over the last two decades, models for livelihoods for the poor have come of age and many organizations have focused their efforts on reducing the vulnerability of marginalized communities. A lot of these… Read more >
Tamil Nadu MFI Gets $4.25M From MicroVest, UEF, Vinod Khosla
June 23, 2009 – Media Exposure, Unitus Equity Fund
Grama Vidiyal Micro Finance Limited (GVMFL), a Tamil Nadu based microfinance institution, has raised $4.25 million from MicroVest and its existing investor Unitus Equity Fund in its second round of fundraising. Vinod Khosla, who had also invested in the first round of funding of GVMFL, has invested in this round too, through his non profit private… Read more >
Ujjivan Raises $19 Million of Equity Capital
November 21, 2008 – Media Exposure, Unitus Equity Fund
Ujjivan Financial Services, a Bangalore, India-based microfinance institution, is pleased to announce the successful completion of the fourth round of equity infusion. Originally planned for USD 15 million, the equity round was over-subscribed and increased to USD 19 million. The incremental capital was largely subscribed by existing shareholders, including Unitus Equity Fund (UEF), managed by… Read more >
SKS Microfinance Raises Rs 366 Cr In Fourth Round
November 10, 2008 – Media Exposure, Unitus Equity Fund
In the largest microfinance deal in the world, Hyderabad based SKS Microfinance has raised Rs 366 crore or $75 million from private equity investors. This is fourth round of fund raising by SKS. Sandstone Capital, an India focused hedge fund with $1 billion capital under management, has led the deal, while the other investors in… Read more >