Investments
9Portfolio Exits
3About Unitus Equity Fund
The Unitus Equity Fund, managed by Elevar Equity LLC, is a global growth private equity fund focused on the underserved 4 billion in developing countries. They are a strategic affiliate of Unitus, Inc., an international nonprofit organization dedicated to advancing market-based solutions to global poverty. The Unitus Equity Fund provides equity capital primarily to high growth microfinance institutions and secondarily to social entrepreneurs providing products and services to the underserved in emerging markets. The fund aims to bridge the gap between these underserved communities and global capital, helping to create a virtuous cycle of opportunity based on open access for all.
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Latest Unitus Equity Fund News
Sep 12, 2023
MUMBAI, India, Oct. 14 /PRNewswire/ — ACCION International (through its Gateway Fund), the Michael & Susan Dell Foundation and the Unitus Equity Fund (UEF) announced investments in Swadhaar FinServe Private Limited, a microfinance institution (MFI) operating in the slums of Mumbai. The promoters of Swadhaar FinServe, Veena Mankar and Haseena Vahanvaty, bring together a unique blend of professional financial sector expertise and hands-on developmental sector experience. Swadhaar Finserve will purchase the business of Swadhaar FinAccess, a non-profit MFI set up by the same promoter group in 2006 to pilot financial products and services for urban slums. The Unitus Equity Fund, a private equity fund managed by Elevar Equity LLC, and the Dell family foundation have both supported Swadhaar FinAccess in the past. Email
Unitus Equity Fund Investments
9 Investments
Unitus Equity Fund has made 9 investments. Their latest investment was in Ujjivan as part of their Series D on November 11, 2008.
Unitus Equity Fund Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
11/20/2008 | Series D | Ujjivan | $19M | Yes | 1 | |
10/14/2008 | Seed | |||||
10/15/2007 | Series B | |||||
3/13/2006 | Series A | |||||
Other Investors |
Date | 11/20/2008 | 10/14/2008 | 10/15/2007 | 3/13/2006 | |
|---|---|---|---|---|---|
Round | Series D | Seed | Series B | Series A | Other Investors |
Company | Ujjivan | ||||
Amount | $19M | ||||
New? | Yes | ||||
Co-Investors | |||||
Sources | 1 |
Unitus Equity Fund Portfolio Exits
3 Portfolio Exits
Unitus Equity Fund has 3 portfolio exits. Their latest portfolio exit was RBL Finserve on November 01, 2017.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
11/1/2017 | Corporate Majority | 1 | |||
Date | 11/1/2017 | ||
|---|---|---|---|
Exit | Corporate Majority | ||
Companies | |||
Valuation | |||
Acquirer | |||
Sources | 1 |
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