Tag: fundraise

Unitus Seed Fund’s new investors propel fund over USD $20 million

September 2, 2014 Update

New investors in India’s most active Micro VC impact fund demonstrate that commercial and philanthropic investors are drawn to impact investing 2 September 2014. San Francisco: Unitus Seed Fund, India’s most active seed-stage impact investor, has secured an additional USD $7 million in commitments for a total of USD $20 million for its India-focused Micro… 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 >

Grama Vidiyal Raises $4 million of Equity

June 16, 2009 Press Release

Grama Vidiyal raises over USD 4 million of equity capital, the first equity investment in India in 2009 Tamil Nadu, India-based microfinance institution successfully completes second round of equity infusion from MicroVest, Unitus Equity Fund I (UEFI) and Amar Foundation. Tamil Nadu, India June 16, 2009: Grama Vidiyal Microfinance Private Ltd (GVMFL) is pleased to… Read more >

Unitus Launches Financial Services Firm: Unitus Capital

July 24, 2008 Press Release

Unitus Launches Financial Services Firm to Channel Capital to Social Entrepreneurs in Emerging Markets Unitus Capital Receives $5.5 Million in Initial Round of Seed Funding Bangalore, India and Seattle, Washington, July 24, 2008 – Unitus, Inc., today announced the launch of Unitus Capital, one of the first financial advisory firms designed to meet the investment… Read more >

Unitus to Receive $9 Million Grant From Omidyar Network

April 23, 2008 Press Release

Omidyar Network and Unitus to Help Millions of the Working Poor Participate in the Global Economy $9 Million Grant is Omidyar’s Largest in Microfinance to Date San Francisco, CA and Seattle, WA, April 23, 2008 – Omidyar Network and Unitus are pleased to announce plans to dramatically expand the worldwide availability of financial services to… Read more >

Unitus Arranges Joint Microfinance Investment

May 2, 2007 Press Release

Unitus Arranges Joint Microfinance Investment in Indonesia Collaboration between Unitus, The Dignity Fund and MicroCredit Enterprises allows MBK Ventura to access $1.2 million and impact 60,000 micro-entrepreneurs Redmond, WA—May 2, 2007— Unitus, Inc., a nonprofit organization delivering innovative solutions to global poverty, announced that it has arranged a $1.2 million loan for MBK Ventura, a… Read more >

UEF Closes Largest Private Global Equity Fund

March 26, 2007 Press Release

Unitus Equity Fund Closes Largest Private Global Equity Fund Targeting Microfinance Omidyar Network, Abacus Wealth Partners among lead investors in $23M Fund that aims to deliver financial and social returns Redmond, WA–March 26, 2007–The Unitus Equity Fund L.P. (UEF), an equity fund investing in microfinance institutions in Asia and Latin America, today announced that the… Read more >

Gates Foundation Awards Unitus $1.46 Million

May 22, 2006 Press Release

Gates Foundation Awards Unitus $1.46 Million to Drive Innovations in Microfinance Efficiency Grant will help Unitus accelerate access to financial services for the world’s poor Redmond, WA–May 22, 2006–Unitus, a creator of innovative solutions to global poverty, announced today that it had received a $1.46 million grant from the Bill & Melinda Gates Foundation to… Read more >