Unitus Seed Fund To Invest In 50 Startups With A Second Fund Of $50 Million

The firm plans to invest maximum of Rs 3 crore in a startup.

Unitus Seed Fund will soon be launching its second fund which will focus on Indian startups with a capital of $50 million.

The venture capital firm plans to invest in 50 startups in segments like education, healthcare, fintech and agriculture.

The firm plans to invest maximum of Rs 3 crore in a startup. The venture fund will check a startup’s impact through creation of jobs, incremental income generation, access to information, supply chain and efficiency.

The firm had set up its first fund in 2012 and invested in startups including BetterPlace, LabInApp, iStar amongst others.

[source]

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