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Unitus Seed Fund Raises $8M From Khosla, 500 Startups To Back Ventures That Fight Poverty In India

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http://techcrunch.com – Poverty is a huge problem in India. But just because there’s social good to be done doesn’t mean there isn’t money to be made. So a year after its launch, Unitus Seed Fund has raised $8 million to invest in for-profit startups that help people in India at the bottom of the economic pyramid. 500 Startups, Vinod Khosla, and other angels contributed to the fund that is already having an impact. Based out of Seattle and Bangalore, India, Unitus Seed Fund launched in February 2012. It’s part of the Unitus Group that includes an equity fund and a financial advisory firm. Uni (IT news)