Unitus Seed Fund
| File:Unitus Logo.png | |
| Formerly | Unitus Seed Fund |
|---|---|
| Company type | Venture Capital Firm |
| Industry | Finance, Investment |
| Founded | 2012 |
| Headquarters | |
Area served | India |
Key people | Srikrishna Ramamoorthy, Surya Manta |
| AUM | USD 50 million |
| Website | unitus |
Unitus Seed Fund (now Unitus Ventures) is a venture fund based in Bangalore and Seattle that supports early-stage tech startups with India scale and global potential. It funds early-stage Indian technology startups, primarily in the healthcare, education and financial sectors.[1][2][3] As an impact investment fund, its focus is on startups that serve low and middle-income consumers.[4]
History
[edit | edit source]Unitus Seed Fund (now Unitus Ventures) was started in 2012 by Unitus Group, a financial services group founded in 2000 with the goal of making money while reducing global poverty.[5][6] In the summer of 2012, Unitus Seed Fund spun out of Unitus Group as a separate venture investment management company and fund in order to scale-up investing operations.[citation needed] [7] Its first fund was US$23 million and in 2016 it started raising a second fund with a target of US$50 million.[6][8] Its early investors included Bill Gates, Vinod Khosla, and the Michael and Susan Dell Foundation.[7][4]
References
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