Investment includes backing of Vinod Khosla, Mohandas Pai, Mike Murray and others
Seattle, USA and Bangalore, India. Unitus Ventures (formerly 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.
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TV Mohandas Pai, Ranjan Pai to join Vinod Khosla; to invest $2 mn in Unitus’ fund by Buswarup Gooptu |  |
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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 Ventures (formerly Unitus Seed Fund) Founding Investors