TC-I Fundwatch has recently reported a Rs. 60-crore investment by Omidyar Network and Unitus Equity Fund (UEF) on Comat technologies, a profitable social enterprise doing business with the rural poor.

The CEO of Comat technologies Sriram Raghavan recently talked to NASSCOM Emerge Blog and offered…

The market for double bottom-line investments in India is becoming hotter and hotter. Interestingly, its not just the microfinance institutions who are attracting the capital. We reported earlier in TC-I about MokshaYug Access, securing $2 million in funding from Unitus and…

IndiaWest Online reports that Unitus, Seattle and Bangalore based organization providing consulting support to MFIs, just received a $9 million grant from Omidyar Network. The grant is meant to support expansion of Unitus programs beyond India.

The article features one of…

Editor’s note: In order to more quickly provide our readers with pertinent information, ThinkChange India has created TC-I FundWatch, a regular post that summarizes important investments made by social and traditional venture capital firms that directly affect the lives of…

A recent article in the New Yorker echoed sentiments expressed by many venture capitalists that have begun to shift their focus on the developing world and BoP markets that microfinance, while an amazing concept for enable entrepreneurs, cannot in itself lift…

The Economic Times reports today that IT firm Helios and Matheson had tied up with the Indian School of Business to float a venture fund supporting social entrepreneurs:

The company will be leveraging on its association with ISB to select and study…

One of the ongoing issues that appears to be hindering development in countries like India is the lack of equity based funding for small and medium sized businesses. These entities, which usually are too large to be benefited from a…