Unitus Ventures nears second close of $54m India fund II, seeks final close by mid-2019

Pedestrians and shoppers walk past stores on a street in Varanasi, Uttar Pradesh, India, on Saturday, Oct. 29, 2017. Photographer: Dhiraj Singh/Bloomberg

Impact investor Unitus Ventures is expecting to make a final close of its second India fund, which is targeting to raise between $41 million and $54 million (Rs 300-400 crore), by the middle of next year. The vehicle seeks to invest in India’s healthcare, education and inclusive fintech sectors.

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