| Unitus Ventures | |
| Former Name: | Unitus Seed Fund |
| Type: | Venture Capital Firm |
| Industry: | Finance, Investment |
| Location City: | Bengaluru, Karnataka, India and Seattle, Washington U.S. |
| Founded: | 2012 |
| Aum: | USD 50 million |
| Area Served: | India |
| Key People: | Srikrishna Ramamoorthy, Surya Manta |
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]
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. [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.