4x annual growth in portfolio impact and revenues; 198,100 lives impacted across 19 Indian states and 2.57 multiple of additional capital raised
We are pleased to release the Unitus Seed Fund Annual Impact Report (Jan-Dec) 2014. Our portfolio companies have impacted 198,100 lives across 19 states in India from January 2012 to December 2014. From a financial perspective, our portfolio has generated nearly 4 times our investment amounts in revenue, and have received 2.57 times our seed capital in follow-on investments.
At the end of 2014, our portfolio has grown to a total of 16 companies and has generated 4 times the impact from where we ended in December 2013. We’re well on the way to achieving sustainable and scaled impact in India, and we’re catalyzing other investors and the ecosystem to supporting startups innovating for the masses in India.
Unitus Seed Fund creates three types of impact, all of which are measured at company, sector, and fund level
- Social – Portfolio companies have the potential to reach at least 100,000 low-income families in 5 years, and/or directly employ up to 1,000 low-income individuals in the same timeframe.
- Financial – We help investees get on the path to financial sustainability through increased revenues and further capital raised.
- Ecosystem – Every company benefits from, influences, and improves the functioning of the overall startup ecosystem.