Press Releases and Media Coverage

Osam raises $6.7 mn from Lok Capital and Aavishkaar

March 8, 2017 Press Releases

Dairy products maker HR Food Processing Pvt. Ltd has raised INR 45 crore ($6.7 million) in series B funding from impact investor Lok Capital and existing investor Aavishkaar. The round was led by Lok Capital’s third fund. The Ranchi-based company had earlier raised around $2.5 million from Aavishkaar. Unitus Capital was the sole financial adviser for… Read more >

Debt Market Report – March 2017

March 2, 2017 Press Releases, Reports

Debt Market Report – March

Debt Market Report – February 2017

February 8, 2017 Reports

Debt Market Report – February

Sonata Finance raises $12.5 mn from Proparco and Triodos Investment Management

December 15, 2016 Press Releases

12th December, 2016, Lucknow, India – SONATA Finance Pvt. Ltd., a Lucknow based NBFC Microfinance Institution, promoted by Anup Kumar Singh, announced that it has closed its equity round of INR 85 crore (USD 12.5 million), by Proparco (a subsidiary of Agence Française de Développement (AFD) focused on private sector development) and Triodos Fair Share… Read more >

AYE Finance raises $10.5 million from LGT IV, SAIF Partners and Accion

November 22, 2016 Press Releases

22nd November, 2016, New Delhi, India – Aye Finance Private Limited (‘Aye Finance’), has raised INR 70 crores (USD 10.5 million) in its Series B capital raise from LGT IV and its existing investors SAIF Partners and Accion. Aye was founded in 2014 by Sanjay Sharma and Vikram Jetley and offers loans to micro and small enterprises (‘MSME’) across India.… Read more >

Accion Venture Lab successfully sells its stake in Varthana

November 16, 2016 Press Releases

WASHINGTON, Nov. 14, 2016 — Accion Venture Lab, the seed-stage investment vehicle of financial inclusion leader Accion, announced today that it has successfully exited an investment for the first time. Venture Lab has sold its stake in Varthana, a company providing specialized loans and support to affordable private schools in India, promoting access to and the quality of… Read more >

Indian School Finance Company raises $6 million from Gray Matters Capital

October 14, 2016 Press Releases

14th October, 2016, New Delhi, India – Indian School Finance Company Pvt Ltd (ISFC), India’s first private institutional lender to the education sector, announced $6 million of Series A financing from impact investor Gray Matters Capital. The Non-Banking Finance Company (NBFC) shall use this new round of financing to expand its loan portfolio by reaching out to… Read more >

Liqvid English Edge raises an undisclosed amount in Series A funding from Gray Matters Capital

September 19, 2016 Press Releases

NEW DELHI, INDIA – September 19, 2016 – Liqvid English Edge Pvt Ltd, a subsidiary of Liqvid eLearning Services, announced today that it has raised Series A funding from Gray Matters Capital. Unitus Capital acted as an exclusive advisor to the transaction. This new round of financing will be used to enhance English Edge, a… Read more >

Chaitanya raises $7 mn (Rs. 47 cr) in Series C funding from ShoreCap II, few HNIs, existing individual investors and promoters

August 5, 2016 Press Releases

Bengaluru-based Chaitanya Rural Intermediation Development Services Pvt. Ltd. (“Chaitanya”), has raised Rs. 47 crore (USD 7 million) from ShoreCap II Limited, few HNIs, existing individual investors and the promoters in its Series C round of funding. Chaitanya, founded in the year 2009 by Anand Rao and Samit Shetty, provides full bouquet of financial products (micro finance,… Read more >

Ovum Hospitals raises $5 mn (Rs. 33 cr) in Series A funding from IL&FS Investment Managers and Norwest Ventures Partners

August 1, 2016 Press Releases

Neonatal Care and Research Institute Pvt. Ltd. (operating under the “Ovum Hospitals” brand name), a maternity and child care specialty hospital focused on high-end neonatal care, announced today that it has raised $5 million (Rs. 33 crores) in Series A funding from IL&FS Investment Managers and Norwest Venture Partners. Unitus Capital acted as an exclusive advisor to… Read more >

Iconic Women in Social Enterprise Award

July 11, 2016 Press Releases

Huge congratulations to Neha Mudaliar, who received the award of ‘Iconic Women in Social Enterprise’ from the Women Economic Forum!! About Neha Mudaliar: Neha joined Unitus Capital in February 2009 with over six years of diverse work experience. At UC, she leads the renewable energy practice and expansion into Philippines and has been involved in deals across sectors for companies… Read more >

Varthana raises $14 mn (Rs. 93 cr) in Series B, led by Kaizen Private Equity, Zephyr Peacock India and existing investors, Elevar Equity, LGT Venture Philanthropy and Omidyar Network

April 13, 2016 Press Releases

Bangalore-based Thirumeni Finance Pvt Ltd (operating under the name “Varthana”), a non-banking finance company (NBFC) providing debt financing and solutions to affordable private schools, has successfully raised Rs 93 cr ($14 million) in its Series B round of financing led by new investors, Kaizen Private Equity and Zephyr Peacock India. The existing investors, Elevar Equity,… Read more >