Category: Press Release

Unitus Seed Fund Invests in M-Commerce Retail Platform Jiffstore

May 22, 2014 Press Release

Investment to make m-commerce viable for lakhs (100,000’s) of small grocery and kirana stores across India 23 May 2014: Bangalore, India. Unitus Seed Fund announced an investment in Jiffstore, a Bangalore-based startup that is connecting local kirana stores to customers though a mobile app that offers online grocery ordering and home delivery. Jiffstore provides even… Read more >

Unitus Seed Fund Invests in Auto Rickshaw M-Commerce Startup mGaadi

May 12, 2014 Media Exposure, Press Release

Enables commuters to order pre-booked or on-demand auto rickshaws with a promise of reliable, safe, courteous, and price-predictable service 13 May 2014. Bangalore, India: Unitus Seed Fund, India’s most active seed-stage impact investor, has led an equity investment in mGaadi, a mobile-commerce ordering service for auto rickshaws. mGaadi will use the investment to further develop… Read more >

Unitus Seed Fund Invests in Affordable Dental Clinic Chain Smile Merchants

April 8, 2014 Media Exposure, Press Release

Startup dental clinic chain delivers quality dental services beyond big metros reaching India’s rural masses with affordable services 9 April 2014. Mumbai, India: Unitus Seed Fund, India’s most active seed-stage impact investor, has led an equity investment in Smile Merchants, a chain of dental clinics focused on providing affordable dental care services outside large metro… Read more >

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

January 3, 2013 Press Release

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… Read more >

Unitus Seed Fund launches in India with three seed investments

February 5, 2012 Press Release

New Unitus Labs Initiative Seeks to Accelerate Development of Innovative Startups Which Have the Potential to Significantly Benefit Families Living on Less Than $2 Per Day Seattle, WA and Bangalore, India, February 6, 2012 — Unitus Labs, an international non-profit focused on reducing global poverty through economic self-empowerment, is launching today the Unitus Seed Fund,… Read more >

Unitus, Inc. Redirects Efforts

July 2, 2010 Press Release

Unitus, Inc. Redirects Efforts from Non-Profit Microfinance Acceleration toward a Broader Array of Social Ventures Innovative non-profit helped shape and validate microfinance as a viable commercial activity, increase access to investment capital for working poor; with tens of billions of dollars in commercial capital now available in the microfinance industry, Unitus, Inc. will refocus efforts… Read more >

Two New Partners Join SPMIP

May 26, 2010 Press Release

Unitus Announces Grama Vidiyal, AMK as Latest Partners in Social Performance Management Implementation Project Indian, Cambodian Institutions Join Effort to Maximize Effectiveness of Microfinance BANGALORE, 26 May 2010 — In keeping with its goal of bringing greater effectiveness to the work of microfinance institutions (MFIs) worldwide, global nonprofit Unitus, Inc. proudly announces today the signing of… Read more >

Unitus Teams Up With OPIC & Citi

March 29, 2010 Press Release

Unitus Teams Up With OPIC & Citi to Make $15 Million Available for the Development of Emerging Microfinance Institutions Credit facility will provide debt funding to smaller MFIs in challenging markets SEATTLE, 29 March 2010 – In their ongoing effort to empower the world’s poor through microfinance, international nonprofit Unitus, Inc., the Overseas Private Investment… Read more >

Ujjivan Joins as First Partner in SMPIP

November 5, 2009 Press Release

India’s Ujjivan Announced as First MFI Partner for Unitus’s Social Performance Management Implementation Project Partnership provides expertise, resources necessary to integrate SPM tools into Ujjivan operations BANGALORE & SEATTLE, 5 November 2009 — In its continuing efforts to improve the effectiveness of life-changing microfinance services, Unitus Labs. is proud to announce that India’s Ujjivan has been… Read more >

Unitus, Inc. Announces Dr. Brigit Helms as Chief Executive Officer

October 27, 2009 Press Release

Unitus, Inc. Announces Dr. Brigit Helms as Chief Executive Officer. New leader brings expertise, urgency to organization working to empower the world’s poor through microfinance SEATTLE, 27 OCTOBER 2009 – International nonprofit Unitus, Inc. proudly announces their new Chief Executive Officer, Dr. Brigit Helms, whose career has been defined by trailblazing work to achieve poverty… Read more >

Announcing MSDF Partnership on Social Performance Management

September 4, 2009 Press Release

Unitus and Michael & Susan Dell Foundation Collaborate to Increase Use Of Social Performance Management Among Microfinance Institutions SEATTLE, 4 September 2009 – In an ongoing effort to increase the availability and effectiveness of life-changing microfinance services, international nonprofit Unitus and the Michael & Susan Dell Foundation will launch the Social Performance Management Implementation Project… Read more >

An Open Letter to the Wall Street Journal

August 14, 2009 Press Release

An Open Letter to the Editor of the Wall Street Journal While it was not surprising to find coverage of microfinance in your paper the morning after Dr. Yunus received the Presidential Medal of Freedom, we at Unitus were quite surprised to see such a bleak depiction of the microfinance industry, more than 30 years… Read more >