Unitus Seed Fund lands $8 Million for BoP Startups from Leading Early-stage Investors

Investment includes backing of Vinod Khosla, Mohandas Pai, Mike Murray and others

Seattle, USA and Bangalore, India. Unitus Seed Fund (USF) has secured over $8 million in investment commitments for its seed-stage venture capital fund focused on accelerating “BoP startups” – startups serving low-income consumers – in India.  USF invests in for-profit scalable companies that will provide economic self-reliance, education, and basic necessities to millions of low-income people living at the base of the economic pyramid (aka “BoP”).  USF has also recruited a strong group of venture advisors to provide expert support to its portfolio companies.

TV Mohandas Pai, Ranjan Pai to join Vinod Khosla; to invest $2 mn in Unitus’ fund by Buswarup Gooptu Seeding Startups at the Base of India’s Pyramid by David Bank

Several impact investing luminaries are among the founding investors of the fund: Mike Murray (co-founder of microfinance pioneer, Unitus Labs), Jeff Clark, Vinod Khosla (Founder, Khosla Ventures and Khosla Impact), 500 Startups, and Bob Gay (Formerly Huntsman-Gay and Bain Capital). Co-investors in India include T.V. Mohandas Pai (Chairman of Aarin Capital Partners), and Dr. Ranjan Pai (CEO of Manipal Education and Medical Group).

Unitus Seed Fund Founding Investors

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