Unitus seeks to invest INR 5 crore in India startups in 2015 that are leveraging the Aadhaar platform
With over 70 crore individuals’ identities already registered in India, Aadhaar’s national identity system is quickly becoming a uniquely powerful platform enabling a new generation of business, social and government applications. And we’re interested in make seed investments in these startups!
StartAadhaar Program: Unitus commits capital and support to Aadhaar startups
Unitus believes that with the backing of Prime Minister Narendra Modi and his new central government, Aadhaar is now ready to be deployed across a variety of innovative business applications. The reach of Aadhaar enables services to scale up much more quickly.
Unitus has committed INR 5 crore to invest in up to 4 Indian startups in 2015 that are leveraging the Aadhaar identity platform in their product offering.
Additionally, Unitus Ventures is partnering with Khosla Labs to launch a business incubation program exclusively for Aadhaar startups, in 2015. More details coming soon. Full disclosure: Vinod Khosla is an investor in Unitus Ventures.
Learn More about the Potential Opportunities for leveraging Aadhaar
- Looking Behind the Aadhaar Curtain >
- Aadhaar is Unlocking Opportunities in India >
- Smart Identity Devices (Smart Id): Aadhaar’s Biometric Startup Pioneer >
- MongoDB: Aadhaar’s Original Database Management & Analytics Partner >
- Will Aadhaar Change India? >