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Unitus ventures'
Opportunity Fund I
The best companies grow and get funded even in difficult times.
Unitus Ventures has achieved the first close of INR 75+ crores towards its Opportunity Fund I (target size 300 crore) which will be utilized to back the breakout winners from its portfolio of 39 companies funded from its two India VC seed funds – Unitus Ventures Fund I (vintage 2013, AUM 171 crore) & Unitus Ventures Fund II (vintage 2018, AUM 237 crore). The final close for the Opportunity Fund will be later in 2023.
Key Highlights
of Unitus Opportunity Fund
First close of
INR 75+ crores
First close of
INR 75+ crores
Fund structure: India AIF with US-based Feeder
5 year life
First company investments
Key co-investors
This first close reflects the confidence of marquee investors such as the Mynavi Corporation of Japan, Mr. B.V.R. Mohan Reddy of Cyient and Mr. Nandkumar Seksaria of Govindram Brothers among others, in our strategy of doubling down on leaders across Jobtech, Fintech, Edtech & AI sectors. Our investment program is starting with 5 companies – BetterPlace, Cuemath, Awign, Masai, Eduvanz who are entering their growth “hockey-stick” phase and are attracting substantial new capital (Series B, C & D). Additionally, to explore opportunities in early-growth or growth-stage companies (Series A+ onwards) that are capitalizing on advances in generative AI and climate technologies in addition to Jobtech and Fintech, up to 20% of the fund’s capital will be available for deals outside of Unitus’ existing portfolio.
First Five Deals
India’s no. 1 blue-collar workforce lifecycle management platform.
Building India’s largest outcome focused ‘bootcamp’ style online coding academy.
India’s no.1 full stack enterprise platform for outsourcing physical and digital work.
Leading fintech offering low/zero interest loans for job oriented skilling.
Leading global K-12 after school learning program for math.
As an early investor in these companies, Unitus Ventures takes pride in how they have grown into leaders in the respective sector / category by establishing strong product-market fit, delivering sustained sound unit economics and building proven leadership teams. These companies have shown resilient performance even in times that others are struggling. As examples, BetterPlace, Awign, Masai School have delivered quarterly growth rates exceeding 25% since Jan ’21.
Latest Updates
Unitus Ventures Announces First Close of 300 Crore Target ‘Opportunity Fund’
February 9, 2023
New fund provides investors a unique opportunity to invest in high-performing companies in their growth “hockey-stick” phase and to co-invest alongside other marquee investors.
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