Unitus Seed Fund

Unitus Seed Fund 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 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.