Unitus Seed Fund
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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. As an impact investment fund, its focus is on startups that serve low and middle-income consumers.


History

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. 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. Its first fund was US$23 million and in 2016 it started raising a second fund with a target of US$50 million. Its early investors included Bill Gates, Vinod Khosla, and the
Michael and Susan Dell Foundation The Michael & Susan Dell Foundation was set up in 1999. Susan and Michael Dell have supported the foundation primarily through investing the proceeds of sales of shares of Dell Inc. More than (USA) $650 million has been given to children's issu ...
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* {{Financial services in India Venture capital firms of India Social finance Indian companies established in 2012 Companies based in Bangalore Financial services companies established in 2012 American companies established in 2012 Companies based in Seattle 2012 establishments in Karnataka