Category: Unitus Capital

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 >

Unitus Capital Annual Update

May 15, 2011 Unitus Capital, Update

Letter to Clients, Investors, and Other Friends of Unitus Capital (UC) The year ended March 31, 2011 was an exciting year for the global impact investing industry in general; a challenging year for the microfinance industry, particularly in India;  and a period of extraordinary expansion for our firm. Today we have  23 employees, up more than… Read more >

Vindhya e-Infomedia raises PE capital from ACCION & MSDF

March 17, 2011 Press Release, Unitus Capital

Bangalore-based BPO Vindhya e-Infomedia (Vindhya) has successfully raised venture funding from two leading socially-committed investors, ACCION International and the Michael & Susan Dell Foundation. Unitus Capital was the sole advisor to Vindhya for the transaction. Vindhya’s customer base primarily comprises of info-tech and microfinance companies to whom the company offers data management and processing solutions… Read more >

Grameen Koota Raises Rs.35 Crores

February 24, 2011 Press Release, Unitus Capital

Grameen Koota Raises Rs.35 Crores through Non-Convertible Debentures Bengaluru, 24th February 2011: Bangalore-headquartered, Grameen Financial Services Private Limited (popularly known as Grameen Koota) has raised INR 35 crore (~USD 8 mn) of debt capital through an issuance of secured, redeemable, nonconvertible debentures (NCDs) to DWM (Cyprus) Limited, a member of the Developing World Markets (DWM)… 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 >

Ujjivan Raises Rs.40 Crores

January 5, 2011 Press Release, Unitus Capital

Ujjivan Raises Rs.40 Crores through Non-Convertible Debentures Bengaluru, 5th January 2011: Bangalore-headquartered, Ujjivan Financial Services, a leading microfinance institution with pan-India presence, has raised INR 40 Crores of debt capital through issuance of listed, secured, redeemable, non-convertible debentures (NCDs) to DMW (Cyprus) Limited , a member of the Developing World Markets (DWM) group of companies.… Read more >

Former Morgan Stanley Exec Joins as Co-Chairman of Unitus Capital

March 24, 2010 Press Release, Unitus Capital

Unitus Capital announces ex-Morgan Stanley exec Narayan Ramachandran joins as Co-Chairman Strategic addition to leadership team bring deep expertise in finance, emerging market investing and philanthropic services to expand financial service offerings to microfinance institutions and social enterprises. BANGALORE, INDIA – March 24, 2010 – Unitus Capital, a financial services firm specializing in arranging capital… Read more >

Grameen Koota Listed NCD through FII Route

January 22, 2010 Press Release, Unitus Capital

Grameen Financial Services raises Rs. 20 crore of NCDs through FII route Bangalore, January 22, 2010: Grameen Financial Services Private Limited (popularly known as Grameen Koota) has raised INR 20 crore (approximately USD 4.27 MM) of debt capital through an issuance of secured, redeemable, nonconvertible debentures (NCDs) to MicroVest I, LP (MV I), a private… Read more >

Bandhan Raises Rs. 500 million of Equity

December 30, 2009 Press Release, Unitus Capital

Bandhan raises Rs. 500 million of equity capital from Small Industries Development Bank of India (SIDBI) Bandhan Financial Services Private Limited (Bandhan), a pan-India microfinance institution headquartered in Kolkata, is pleased to announce the successful completion of its first major round of equity infusion of INR 500,000,000 (Rupees five hundred million – US$ 10.7mn approx),… Read more >

Saija Raises $500,000 of Equity

November 30, 2009 Press Release, Unitus Capital

Saija Finance, a Microfinance Institution Headquartered in Bihar, India’s Poorest Region, Raise Equity Capital Saija Finance Private Ltd (Saija), a Bihar, India-based microfinance institution, is pleased to announce the successful completion of its first round of equity infusion of USD 500,000. ACCION Gateway Fund is the sole investor and Unitus Capital acted as the financial advisor.… Read more >

Grama Vidiyal Raises $4 million of Equity

Grama Vidiyal raises over USD 4 million of equity capital, the first equity investment in India in 2009 Tamil Nadu, India-based microfinance institution successfully completes second round of equity infusion from MicroVest, Unitus Equity Fund I (UEFI) and Amar Foundation. Tamil Nadu, India June 16, 2009: Grama Vidiyal Microfinance Private Ltd (GVMFL) is pleased to… Read more >