Unitus Ventures

Unitus Ventures, originally launched in 2012 as Unitus Seed Fund, is an early-stage impact venture capital firm headquartered in Bengaluru, India, with a presence in Seattle. Founded by Dave Richards, Will Poole and Srikrishna Ramamoorthy, the firm backs startups that serve and improve the lives of low- and middle-income consumers at the Base of the Economic Pyramid, concentrating on four core sectors, education, healthcare, fintech and business services, while also touching consumer and enterprise-application categories. Unitus invests primarily at the seed and Series A stages, almost entirely in India, and is willing to lead; its portfolio of around 27 companies has impacted more than 4.7 million low-income lives. It has raised multiple vehicles: a roughly $20 million first fund, a INR 300 crore, about $46 million, second fund whose first close drew backing from Microsoft co-founder Bill Gates, and an Opportunity Fund targeting INR 300 crore, with a first close of about INR 75 crore in February 2023, used to double down on winners. Its LP base and supporters have included Bill Gates, Vinod Khosla's Khosla Impact and 500 Startups. Notable portfolio companies include HR-tech platform BetterPlace, edtech leader Cuemath, gig-work platform Awign, education-lending fintech Eduvanz and coding bootcamp Masai School. The firm frequently co-invests alongside its US affiliate Capria Ventures, with which it has combined to operate under a single Global South brand; its most recent disclosed deal was Eduvanz's bridge and Series B round in February 2025 and Awign was acquired in 2024. By backing founders serving low- and middle-income Indians, Unitus Ventures pairs impact with venture returns.