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Unitus Seed Fund (USF) is an $11 million fund that has invested in 30-40 early-stage startups in India. The fund invests in BoP startups who serve the needs of large, underserved low-income populations. USF invests in multiple sectors including education, healthcare, agriculture, livelihoods, technology for development, and necessities. USF has two investment funds: Unitus Seed Fund India, an India-based SEBI-registered Venture Capital Fund, and Unitus Seed Fund, LP, an offshore venture capital fund. Typical initial investment sizes range from 25 lakh to 75 lakh (USD$40,000 to $150,000) with the potential for additional investment capital. The fund is currently the most active impact investment investor in India, building on its portfolio of four investments completed in 2012, USF anticipates making 7-10 new investments in 2014. The firm's portfolio has generated $144 million.
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