Unitus to back 50 startups with $50 million fund
Unitus Seed Fund will launch its second India-focused fund worth $50 million to invest in 50 startups in segments like education, healthcare, fintech and agriculture. The fund plans to invest a maximum of ₹3 crore in each startup. Unitus had launched its first fund worth $23 million in 2012, which included investors like Bill Gates Foundation, Mohandas Pai and others.