Category: Media Exposure

Unitus Seed Fund Invests in Auto Rickshaw M-Commerce Startup mGaadi

Enables commuters to order pre-booked or on-demand auto rickshaws with a promise of reliable, safe, courteous, and price-predictable service 13 May 2014. Bangalore, India: Unitus Seed Fund, India’s most active seed-stage impact investor, has led an equity investment in mGaadi, a mobile-commerce ordering service for auto rickshaws. mGaadi will use the investment to further develop… Read more >

Unitus Seed Fund is doubling-down on healthcare investments

In conjunction with the announcement of our third India healthcare seed funding investment in the past 100 days, we are announcing our intention to invest in another 3-4 healthcare startups in 2014. We are also pleased to announce that Dr. Michael J. Free OBE, Ph. D.,  a globally-recognized global health expert and 35-year technology leader at PATH, is joining Unitus Seed Fund… Read more >

Unitus Seed Fund Invests in Affordable Dental Clinic Chain Smile Merchants

Startup dental clinic chain delivers quality dental services beyond big metros reaching India’s rural masses with affordable services 9 April 2014. Mumbai, India: Unitus Seed Fund, India’s most active seed-stage impact investor, has led an equity investment in Smile Merchants, a chain of dental clinics focused on providing affordable dental care services outside large metro… Read more >

Hippocampus Learning Centres partners with Grameen Koota

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 >

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 >