Unitus Capital raises Rs.140-Cr in first close of UC Impower Fund

Unitus Capital has raised INR 140 crore for its maiden venture capital fund from institutions, family offices and individual investors from India, South East Asia, Europe and the US. This is the first close of the total planned fundraise of INR 350 crore under UC Impower Fund, targeted at investing in financial services and climate solutions. The fund plans to invest in 8-12 companies.