Category: Press Release

Unitus Ventures (formerly Unitus Seed Fund)’s new investors propel fund over USD $20 million

New investors in India’s most active Micro VC impact fund demonstrate that commercial and philanthropic investors are drawn to impact investing 2 September 2014. San Francisco: Unitus Ventures (formerly Unitus Seed Fund), India’s most active seed-stage impact investor, has secured an additional USD $7 million in commitments for a total of USD $20 million for its India-focused Micro… Read more >

Unitus Ventures (formerly Unitus Seed Fund) H1 2014 Impact Report

August 18, 2014 Press Release, Unitus Ventures

We are pleased to release the Unitus Ventures (formerly Unitus Seed Fund) Impact Report for H1 2014. Unitus Ventures (formerly Unitus Seed Fund) creates three types of impact, all of which are measured at company, sector, and fund level: Social – Portfolio companies have the potential to reach at least 100,000 BoP families in 5 years, and/or directly employ up to 1,000 BoP… Read more >

Unitus Ventures (formerly Unitus Seed Fund) Adds Education Veteran to Team; Looks to Invest 3 Crore in India

August 11, 2014 Press Release, Unitus Ventures

Unitus Ventures (formerly Unitus Seed Fund) looks to take advantage of the demand for quality education delivered at prices affordable to the masses in India and driven by entrepreneur innovators Bangalore, July 31, 2014. Low-cost private education is poised to become a driving force in improving the lives at the base of the economic pyramid (“BoP”). The only way out… Read more >

Hippocampus Raises USD 2.4 million to Serve Market of 80 Million Rural Children in India

Unitus Ventures (formerly Unitus Seed Fund) re-ups in fast-growing rural kindergarten and tuitions startup as they bring on ADB and Khosla Impact as new investors to expand presence in India 2 July 2014. Bangalore, India: Unitus Ventures (formerly Unitus Seed Fund), India’s most active seed-stage impact investor, has invested in a new financing round for Hippocampus Learning Centres, the leading rural… Read more >

Unitus Ventures (formerly Unitus Seed Fund) Invests in Pediatric Healthcare Chain AddressHealth

Making affordable pediatric primary care available to a wide-range of urban Indian children 18 June 2014. Bangalore, India: Unitus Ventures (formerly Unitus Seed Fund), India’s most active seed-stage impact investor, has invested in AddressHealth, India’s first pediatric primary healthcare network, providing comprehensive care for children through its chain of  clinics and school health programs. AddressHealth will use the… Read more >

Unitus Ventures (formerly Unitus Seed Fund) Invests in M-Commerce Retail Platform Jiffstore

Investment to make m-commerce viable for lakhs (100,000’s) of small grocery and kirana stores across India 23 May 2014: Bangalore, India. Unitus Ventures (formerly Unitus Seed Fund) announced an investment in Jiffstore, a Bangalore-based startup that is connecting local kirana stores to customers though a mobile app that offers online grocery ordering and home delivery. Jiffstore provides even… Read more >

Unitus Ventures (formerly 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 Ventures (formerly 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 Ventures (formerly 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 Ventures (formerly Unitus Seed Fund)… Read more >

Unitus Ventures (formerly 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 Ventures (formerly 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 >

Unitus Ventures (formerly Unitus Seed Fund) lands $8 Million for BoP Startups from Leading Early-stage Investors

January 3, 2013 Press Release, Unitus Ventures

Investment includes backing of Vinod Khosla, Mohandas Pai, Mike Murray and others Seattle, USA and Bangalore, India. Unitus Ventures (formerly Unitus Seed Fund) (USF) has secured over $8 million in investment commitments for its seed-stage venture capital fund focused on accelerating “BoP startups” – startups serving low-income consumers – in India.  USF invests in for-profit scalable companies that will… Read more >

Unitus Capital raises $5m for Forus Health

April 27, 2012 Press Release, Unitus Capital

Unitus Capital advises Forus Health on raising $5 million from Accel Partners & IDG Ventures in India Bangalore, April 26, 2012: Bangalore-based affordable medical technology and solutions company  Forus Health Pvt. Ltd.  (Forus) has successfully raised Series A funding of $5 million from two leading venture capital funds, Accel Partners and IDG Ventures India. Unitus… Read more >

Unitus Ventures (formerly Unitus Seed Fund) invests in Villgro Innovation Marketing

April 11, 2012 Press Release, Unitus Ventures

Unitus Ventures (formerly Unitus Seed Fund) is excited to announce that we’ve made our 4th seed investment in 2012 in Villgro Innovation Marketing based in Chennai! Villgro Innovation Marketing (VIM) is building an innovative last mile rural distribution business starting in the South India state of Tamil Nadu. They are focused on distributing affordable, high value-add agriculture and… Read more >