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Vinod Khosla-backed Unitus Seed Fund to invest up to Rs 1 cr in Caravan Craft
Unitus Seed Fund, backed by marquee investor Vinod Khosla has made its third investment of the year, funding Bangalore-based Caravan Craft Retail, as capital flow increases for social ventures in areas beyond micro-finance.
- Categories
- Investing
- Region
- South Asia
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Intellecap Impact And Unilazer Invest In Head Held High
Angels of the Intellecap Impact Investment Network and Unilazer Ventures, amongst others, have invested R2.5 Cr into Bangalore-based startup - Head Held High Services, a rural skills development and employment creation enterprise. The investment will be used to scale up operations and ink important partnerships over the next 12 months.
- Categories
- Impact Assessment, Investing
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Aavishkaar makes final close of second venture fund at $94M
The larger fund gives Aavishkaar the ability to write larger cheques and invest across various stages of its portfolio companies.
- Categories
- Investing
- Region
- South Asia
- Tags
- venture capital
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VCTF sells impact investing to fund managers
Last week, the Venture Capital Trust Fund (VCTF) began the process of attracting impact investors, which it expects to make investments that will both give them profit and make positive social impacts at the same time.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Accion’s Venture Lab Closes Initial Investments in Financial Inclusion Start-Ups
Accion announced the first five investments by Venture Lab, its $10 million seed capital initiative, which invests in start-up companies that help expand global financial inclusion. A pioneer and leader in bringing financial services to the underserved, Accion launched Venture Lab in April, 2012.
- Source
- Press Release
- Categories
- Investing
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NIC to launch Rs 5,000 cr VC fund for innovation: Pitroda
The fund will support enterprises which drive change at the bottom of the economic pyramid
- Categories
- Investing
- Region
- South Asia
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Lok Capital buys minority stake in social enterprise Drishti
Firm will use funds to service underserved geographies of Karnataka
- Categories
- Health Care, Investing
- Region
- South Asia
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Weekly Roundup – Lucky 2013? : The new year brings hope for seed funds
For the impact investing community, it sure looks like 2013 has started with a bang. But 2012 certainly didn’t end with a whimper either. The bang was heard on Thursday with an announcement from Unitus Seed Fund (USF), which raised investments of more than $8 million for early stage BoP startups.
- Categories
- Investing
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