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Unitus Seed Fund (now Unitus Ventures) is a venture fund based in Bangalore and Seattle that supports early-stage tech startups with India scale and global potential. It funds early-stage Indian technology startups, primarily in the healthcare, education and financial sectors.
In 2011, they launched Unitus Seed Fund which works to back businesses in India, one of which is a school system providing education to the rural poor in India. [ 2 ] In 2010, they also helped launch Patamar Capital (formerly known as Unitus Impact) to invest in companies to increase incomes and improve the lives of low-income communities in ...
Dreamplug Technologies Pvt. Ltd. Trade name CRED Company type Private Industry Financial technology Payments Founded 2018 ; 7 years ago (2018) Founder Kunal Shah (Founder & CEO) Headquarters Bangalore, Karnataka, India Revenue ₹ 2,473 crore (US$290 million) (FY24) Net income ₹ −1,347 crore (US$−160 million) (FY23) Number of employees 800 Website cred.club Dreamplug Technologies Pvt ...
Ravi Venkatesan is currently a venture partner with Unitus Seed Fund. Prior to this role, Venkatesan has held multiple executive positions. He was the chairman of the board at Bank of Baroda, one of India's Public Sector Undertaking (PSU) banks. He held this position from 2015 through 2018. [6]
Government is planning to leverage the incubators under Startup India Seed Fund Scheme (SISFS) to build applications for ONDC with vernacular language support for greater accessibility. [47] ONDC restricted referral commission of sending a buyer to a shopper at 3% compare to 30% in major eCommerce platforms. [3]
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The term seed suggests that this is a very early investment, meant to support the business until it can generate cash of its own (see cash flow), or until it is ready for further investments. Seed money options include friends and family funding, seed venture capital funds, angel funding, and crowdfunding. [1]
Info Edge invested ₹ 30 crore (US$6.9 million) as the seed fund in Policybazaar in mid 2008. [11] Intel Capital and Info Edge invested ₹ 60 crore (US$12.86 million) into Policybazaar in May 2011 as part of the venture round. [19] Policybazaar raised US$9 million from Intel Capital and Inventus Capital Partners in its Series A investment ...