India’s largest employer is, and has always been, agriculture. The sector contributes to 17 percent of India’s GDP and employs over 56 percent of its workforce. Yet, it remains largely unorganised and fragmented. Smallholder farmers, or those owning less than five acres constitute 80 percent of the entire farming community. Despite large investments by government and […]
Revenues have grown 106 per cent YoY and Investees have raised 3.64x additional capital 18 September 2017, Bangalore: Unitus Seed Fund, India’s leading impact venture fund investing in early- stage startups innovating for the masses, today released its semi-annual impact report, which is now mapped to UN Sustainable Development Goals (SDGs). As of 30 June […]
Findings from a survey of 152 EdTech entrepreneurs and 15 investors. 5 September 2017, Bangalore. Unitus Seed Fund, India’s leading impact venture fund investing in early-stage startups innovating for the masses today released a report ‘Build to Scale: Edtech Report 2017.’ The report covers trends in India’s EdTech space with a focus on varied business […]
Startup Founders, Best Be Prepared! Venture capitalists invest in a startup that effectively demonstrates how it is “all in” for persevering to develop business – whatever it takes. Over the last four years, we, at Unitus Seed Fund have evaluated nearly 3,000 startups, to finally invest in 25. This demonstrates an important factor – a yield of 1%. So, […]
Four years ago, MD Anderson, global pioneers in cancer care announced collaboration with IBM Watson to power ‘Moon Shots’ – a mission aimed at ending cancer by using the former’s cognitive computing system. The ambitious system, ‘IBM Watson powered Oncology Expert Advisor’ would integrate MD Anderson’s knowledge of clinicians and researchers to advance the goal […]
I recently attended the 10th annual Development Dialogue, hosted by Deshpande Foundation, in Hubli, India. As always, there were invigorating discussions among an interesting mix of ecosystem developers, entrepreneurs from both for-profit and NGO sectors, funders, and investors. I participated in a panel discussion that focused on the challenges of scaling the entrepreneurial ecosystem in […]
This past year was pretty rough in Startup Land. Investors held their pocketbooks close to their chests as it was nearly unanimously decided that India’s entrepreneurs needed to take a good, hard look at the fundamental building blocks of their startups. Fortunately, that hasn’t slowed down the excitement and enthusiasm around entrepreneurship in the least […]
Over the past year, there have been numerous articles trying to explain why edtech startups in India are failing. If you believe the rhetoric, the Indian edtech market is in dire straits with little to be optimistic about. Challenges such as long sales cycles, the number of stakeholders, and a lack of differentiated products are all […]
The buzz around FinTech has never been stronger than now. But among the dizzying reports of growth, innovation and funding, that question that isn’t getting raised is — Can there be more such Motifs that can use data innovatively to eradicate the multi-headed monster called ‘Financial Exclusion’?
As a Seed Fund, we come across at least 3–5 new fintech startups every week. Undoubtedly, few of them have path-breaking ideas with true potential for disruption but most of them are me-too companies boasting of swanky tech platforms with very little innovation.