1 February, 2016. Bangalore, India – Unitus Ventures (formerly Unitus Seed Fund), India’s leading venture seed fund supporting startups innovating for the masses, announced the expansion of their Investment Advisory Committee with the addition of investor-entrepreneurs, Ganesh Rengaswamy and Padma Chandrasekaran.
Unitus’ investment advisory committee advises the fund’s domestic and overseas investment decisions and strategy.
- Padma Chandrasekaran: Founder and formerly President, Internet Business at Sify and formerly with Bill & Melinda Gates Foundation. Padma is also an active angel investor.
- Ganesh Rengaswamy: Co-founder & Partner Quona Capital and formerly founder of Travelguru (acquired by Travelocity/Expedia) .
“We are excited to welcome Padma and Ganesh as we step up our investing and fundraising activity in the new year,” said Will Poole, Managing Partner, Unitus Ventures (formerly Unitus Seed Fund). “We’re looking to make 8-10 new investments this year. We’re seeing exciting companies in healthcare and financial technology, which have giant new markets opening up given the continued increase in smartphone and internet penetration in small town and rural India.”