Thursday, 18 April 2013
Fund Alert: Unitus sets up Rs.50-Cr social sector fund
Posted on 21:30 by Unknown
Unitus Seed Fund is launching a new Rs.50 crore early-stage domestic fund backed. Former Infosys senior executive Mohandas Pai and Manipal Group scion Ranjan Pai have cumulatively committed $2 million (Rs.11 crore) to the corpus. The new investment vehicle, to be launched in the second-half of 2013, will look to make equity-linked investments in startups. The fund will look to make 30-40
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