Dear Clients, Investors, Shareholders and Friends of Unitus Capital,
We are pleased to announce a major milestone for Unitus Capital (“UC”) as we have crossed $1 bn in capital raised for our amazing clients, who inspire us every day with the impact they are making in the lives of those living at the bottom of the economic pyramid.
Since our modest launch in 2008, it has been an exciting, challenging and deeply rewarding journey to become the world’s leading social impact investment bank. This performance is a testament to the trust our clients place in us, the immense support and motivation we receive from investors and shareholders, and the hard work of my incredible colleagues.
We have successfully raised over $1 bn for more than 50 high-quality impact businesses in India, Indonesia, the Philippines, China and Australia, in sectors including microfinance, financial inclusion, affordable healthcare, renewable energy, education and agriculture. While our goal has never been to raise a certain amount of money, we are very pleased to have been able to help so many incredible clients who are improving the lives of many millions of people who so desperately need it.
We are humbled by the trust and respect demonstrated by the investment community for our work – UC was named India’s #1 investment bank for 2013 by Venture Intelligence and the Indian Investment Banking Service Provider of the Year by Acquisition International Magazine – and continues to rocket forward by diversifying our scope to include women’s empowerment, as well as asset management with Unitus Impact’s Livelihood Impact Fund.
While I am very proud of our team’s accomplishments, I am especially grateful to the investor community, the stakeholders in the impact investment ecosystem, and our clients for their continuing support. I know the best is yet to come. Working together we will change the world for the better.
We thank you for your support, and look forward to a fun and an impactful journey together.
With heartfelt thanks,
Co-Founder & CEO
What our clients are saying…
“The social business/impact investment space is one of the most powerful global forces to help address the massive challenges of inclusion. In this, the role of ‘social merchant banks’ that can connect social entrepreneurs with impact investors is critical. Unitus Capital is a world-class institution, playing this role to the hilt: they bring deep domain expertise, a true commitment to their clients’ needs and – most importantly – a passion for change. At Janalakshmi, we have been delighted with our relationship with Unitus Capital, as they have helped us raise multiple rounds of both equity as well as debt capital in a variety of financial structures.”
>> Ramesh Ramanathan, Co-Founder, Jana Group, including Janalakshmi
“I congratulate the Unitus Capital team on achieving this exciting milestone. Having Unitus as our investment banker in my recent round of fund raising was a great experience, and I’ve been impressed with the calibre and commitment of the Unitus team across all levels. “
>> Srikumar Misra, Founder & CEO, Milk Mantra
“What stands out about the Unitus Capital team is their willingness to help out an enterprise which poses unique challenges either on account of past legacy or present performance, and their ability to share the founders’ vision and work with equal zeal and passion to enable it. They value not just the size, but the purpose behind a company.”
>> Dr. Krishna Reddy, Co-Founder & Vice-Chairman, Care Hospitals and Chairman, Relisys
“ We had the opportunity of working with UC both for our Series A as well Series B fund raise. UC was able to understand our business, our strategies and were able to put forward to prospective investors better than what we could have. This helped us to close both our rounds at express speed. UC also added a lot of value by connecting us to prospective customers, partners, service providers – which helped our business and company in a big way. The UC team worked with us like our own team and helped us to close a few very crucial external negotiations. UC has definitely played a big role in Forus‘ success till date”
>> K Chandrasekhar, Co-Founder & CEO, Forus Health
“Unitus Capital advised on Bandhan’s first equity capital raise from SIDBI in 2009 in addition to raising debt from different funding agencies in the past and provided us necessary inputs at different junctures of our business. We are happy to be associated with Unitus Capital and are sure that they have the potential to support the scaling up of many more social enterprises. “
>> Chandra Shekhar Ghosh, Chairman and Managing Director, Bandhan Financial Services
“Barefoot Power has enjoyed a strong working relationship with Unitus Capital for over four years. During this time the team has guided us through two equity rounds totalling AU $ 8.0 million and we are now actively working with them to raise working capital to further scale our business. The team capably blends their financial expertise with a deep appreciation of the dual financial and social objectives of our business to ensure we are able to meet the needs of all our stakeholders, including investors, clients and end product users.“
>> Rick Hooper, CEO, Barefoot Power
What investors are saying…
“BlueOrchard Finance has had the opportunity to work with Unitus Capital on several transactions in India and is extremely happy to have a partner on the ground who has in depth knowledge of the market and sector. Unitus Capital has played an integral role in connecting investors to market players, and we look forward to working with Unitus Capital in the achievement of the many more milestones they will cross in the future.”
>> Chuck Olson, CFA , Chief Credit Officer, Blue Orchard Finance S.A.
“Unitus capital manages 23 investments for us. In all cases they are experienced, determined, and committed to serving enterprises with low income families as customers. In those cases where we’ve needed to turn our capital to focus more on our new education mission, they’ve worked with management with grace and a caring spirit to ensure the shares end up in responsible hands. In impact investing, UC believes if we put relationships first, financial value will follow”.
>> Bob Pattillo, Founder, Gray Matters Capital and Gray Ghost Ventures