Unitus Seed Fund’s Investments Impact 1.2 Million Lives Across India

September 20, 2017 Posted by Press Release, Unitus Seed Fund

Revenues have grown 106 per cent YoY and Investees have raised 3.64x additional capital

18 September 2017, Bangalore: Unitus Seed Fund, India’s leading impact venture fund investing in early- stage startups innovating for the masses, today released its semi-annual impact report, which is now mapped to UN Sustainable Development Goals (SDGs). As of 30 June 2017, Unitus Seed Fund’s active portfolio of 14 companies have directly impacted over 1.2 million BoP (Base of the Economic Pyramid) lives across 29 states in India and created over 6, 200 sustainable, quality jobs. The fund’s portfolio companies have registered a 106 per cent year-on-year (YoY) growth in revenues and have raised 3.6x additional capital since Unitus’ initial investment.

Will Poole, Co-founder and Managing Partner at Unitus Seed Fund said, “We are incredibly excited that we’ve crossed this important milestone of directly impacting over 1 million lives as a result of the work of our fast-growing portfolio companies. Unitus Seed Fund’s one million landmark is significant for the entire investing ecosystem: we’ve now shown the scale of impact a seed-level fund can achieve in a short span of four-and-a-half years.”

Since founding in 2013, Unitus Seed Fund has adopted a holistic, well-defined methodology of tracking and advancing portfolio companies’ progress and impact using industry standard IRIS metrics, now mapped to the UN Sustainable Development Goals (SDGs):

To read more on the social and financial scale of the impact, click here >

 

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