We bring extensive experience as both
early stage investors and scale up executives.
Pascal is an active member of the Unitus Seed Fund investment committee, guiding the investment team both on initial investment decisions and on strategies to realize maximum financial return and social impact from the portfolio.
In 1994, Pascal set up Fondation Demeter to support incipient and innovative non-profits develop alternative business models helping them in reaching financial self-sufficiency. For about 10 years Demeter focused upon Microfinance in India, Africa and Latin America. Demeter is now focused upon economic tools for the reinsertion of At-Risk Youth (ranging for handicapped to ex-convicts). As an illustration, Demeter is involved with a social incubator developing programs related to the economic integration of handicapped in Latin America; and with the first dedicated investment fund in NY targeting ex-convicts to help them start their business when they are released from jail. In parallel Demeter was one of the earliest members of the European Venture Philanthropy Association to promote alternative business models in the social sector.
In parallel to Demeter, Pascal has been running a US-focused venture capital and private equity business for 20 years now. He previously spent 10 years as a partner in Bain Capital’s London/Paris offices where he was Bain’s interface for European business.
Ganesh Rengaswamy is a seasoned entrepreneur and has been an impact technology venture investor across India, Asia and Silicon Valley. He is the Co-Founder and Partner at Quona Capital, a global fintech fund for emerging and underserved markets. Prior to joining Unitus Seed Fund’s Investment and Advisory Committee, Ganesh was General Partner at Lok Capital, a venture growth fund that invests in social enterprises with innovative and technologically advanced services in financial inclusion, education, and employability.
Ganesh previously served as the Asia Director for Unitus Inc., a global organization that looks at ways to reduce poverty by finding commercially sustainable solutions in financial inclusion. Prior to Unitus Inc., he led the entry of Greylock Partners, a leading Silicon Valley venture growth fund, into the Indian market. His investments, past board and advisory roles include Rural Shores, Ujjivan, Hippocampus Learning Centre, IFMR Rural Channels, Vistaar, mDhil and Bill Junction/TechProcess.
Padma Chandrasekaran is an angel investor passionate about investing in promising young startups. She has worked in senior and executive level positions for 18 years in the for-profit sector and for 8 years in the non-profit and research sectors in India and abroad. Padma’s private sector experience (1984-2003) saw her donning the hats of a developer, manager, executive officer and entrepreneur in the IT sector in India, US and the UK. She was a founding member of Sify Ltd and was part of the team that took it public on NASDAQ in 1999. She subsequently founded, ran and successfully sold off a web services software technology company.
Pradeep Singh founded Aditi Technologies in 1994 after nine years in various management positions at Microsoft, including General Manager of the Windows 95 mobile services group. He is also the founder of Talisma, a CRM software product company. Pradeep previously held engineering and marketing positions at Texas Instruments and McKinsey & Company.
Since founding Aditi, his focus has been on building world-class products and teams for software businesses worldwide. Among other honors, Pradeep has received IIT Delhi’s Distinguished Alumni Service Award (2006) and has been recognized as a Technology Pioneer by the World Economic Forum (Davos). He serves on the Board of Grameen Foundation.
Michael Free, PhD, OBE, serves as PATH’s senior advisor emeritus. In this role, he offers guidance to senior leadership on issues from research and development to technology transfer, licensing, marketing, quality assessment, and introduction. Previously, as PATH’s vice president and senior advisor for technologies, Dr. Free oversaw PATH’s technology development; was the global program leader for Technology Solutions; and directed the Technologies for Health Program (HealthTech), funded by the US Agency for International Development, and the Health Innovation Portfolio, funded by individual contributors and the Bill & Melinda Gates Foundation.
Dr. Free was instrumental in PATH’s inception in 1977 and in establishing PATH’s biotechnology laboratory and product design and development facilities. He led more than 100 staff working on a range of health technology projects addressing the specific health care needs of resource-poor populations. Under Dr. Free’s leadership, PATH advanced more than 80 technologies, many of which are currently being manufactured, sold, and used in developing countries.
Narayan is an investor and entrepreneur with a focus on financial services and social businesses. As the former Country Head of Morgan Stanley in India, he led all of the group’s businesses. Prior to these roles, Narayan was the Head and lead portfolio manager of Morgan Stanley’s Global Emerging Markets and Global Asset Allocation teams, managing over $25 billion in assets from New York and Singapore. He joined Morgan Stanley in 1996 and has 20 years of investment experience.
Before joining the firm, he was a managing director at Rogers Casey (now CRA Rogers Casey). In addition, Narayan was director of research at Rogers Casey and President of its investment advisory subsidiary. He began his career at Goldman Sachs. Narayan received a B.Tech. in chemical engineering from the Indian Institute of Technology, Bombay and an M.B.A. from the University of Michigan. He holds the Chartered Financial Analyst designation.
Eric has well over 20 years of investment banking experience. He moved to India in 2007 to help set up Unitus Capital (UC) and has led the company in raising well over US$1 billion for various social businesses. He has had the privilege of working with many innovative companies that do life changing work in the fields of financial inclusion, affordable health care, renewable energy, affordable education, women empowerment and agriculture. Previously, Eric directed Citigroup’s Asia Power & Infrastructure Investment Banking Group and helped secure and execute multiple landmark equity, debt and M&A transactions totalling many billions of dollars. Eric was based in NYC and Hong Kong for 14 years with Citigroup/Salomon Brothers. Eric also headed Salomon’s utilities sector equity research and was selected to Institutional Investors’ All-Asia research team.
Eric is a graduate (cum laude) of Duke University and of Harvard’s Kennedy School, where he received the Lucius N. Littauer Fellow Award, the program’s top honor. Eric serves on a number of leading companies, funds and educational institutions’ boards. He is a highly sought after speaker, particularly in the impact investing world.
Vineet is the Co-founder & Chairman of Intellecap. In a career spanning two decades, Vineet’s areas of interest have included early-stage venture capital, microenterprises, microfinance investments, incubations. He also chairs the Board of Villgro, an incubating and funding platform, and IntelleGrow, an Intellecap subsidiary, which provides venture debt services to impact enterprises. He serves on the Board of the WISH Foundation and is an advisor to the Tibetan Entrepreneurship Development Initiative.
Vineet Co-founded Intellecap in 2002 with the idea to harness intellectual capital for development. Since then, Intellecap has grown to become a unique development advisory firm providing a full spectrum of services for social enterprises and businesses focused on the low-income population. Vineet has driven pioneering initiatives such India’s first impact angel network (I3N) and one of the foremost convening platforms for global inclusive development discourses (Sankalp Forum). Vineet is also a frequent speaker at significant national and global events.
Geoff has been involved in impact investing and microfinance since he joined Unitus Labs as a board member in 2001. Geoff is currently CEO of Unitus Impact (now Patamar Capital), which he co-founded in early 2011 to support livelihood acceleration in Asia and Africa, prove the viability of investments in livelihood ventures, and attract capital markets and other investors to the space. Among many positions, Geoff holds Board seats at Micro Benefits China and other social enterprises benefiting those at the base of the economic pyramid.
Geoff has been active in private equity investing for over 25 years, founding two successful venture funds in the United States and Europe. He pioneered the concept of venture debt and has invested in over 400 companies in his career, including Ciena, Coinstar, Hotmail and Human Genome Science. He is a Founding Partner of Dominion Ventures, Inc. and European Venture Partners (now called Kreos Capital). In 1998, he assumed an advisory role at Dominion in order to pursue non-profit and other business interests.