Unitus Labs

Unitus Labs a successor of Unitus Inc., is a non-profit microcredit organization that worked to provide credit lines to aid in development, especially in India. It was heavily involved with SKS Microfinance. It was originally organized in 2001, and is based in Seattle, Washington with office in Bengaluru, India. [1]

Unitus largely works as a consultant organization, working with other organizations that are microcredit providers.

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 South and Southeast Asia using innovative business models.

Sources
  1. "Company Overview of Unitus Labs". Businessweek. Feb 4, 2013. Retrieved Feb 5, 2013.
  2. Gooptu, Biswarup (2013-04-19). "Unitus Seed Fund sets up 50 crore fund backed by former Infosys executive Mohandas Pai". The Economic Times. ISSN 0013-0389. Retrieved 2023-03-22.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.