Ending Soon! Save 33% on All Access

Supporting Early Stage Innovators I believe we have built the largest portfolio of job tech companies in India; we were able to do that because we saw the opportunity early, got behind excellent founders, and built synergy between portfolio companies: Will Poole, Unitus Ventures

By Saptak Bardhan

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Unitus Ventures
Will Poole, Managing Partner, Unitus Ventures

Will has been investing in the US through two boom and bust cycles of 1997-2000 and 2001- 08 and has been a part of the Indian Start-up ecosystem as an institutional investor in India from 2012 onwards, as a managing partner of Unitus Ventures. "The booms have been great. However, the busts were clearly very hard." Will has a personal liking for early-stage investing - pre-seed through A - where he is able to provide a ton of value to founders based on his 38 years of experience as a 4 times serial entrepreneur and 2 times corporate leader.

Unitus were among the first to see the potential of "India-2" starting in 2013 as the firm likes to make contrary investments in great entrepreneurs who see around the corner better than others, and knowhow -- or can quickly learn how -- to build companies with the massive scale needed to be relevant in India. The firm started out multi-sector but narrowed its focus to jobtech, edtech, and SME tech. "I believe we have built the largest portfolio of job tech companies in India; we were able to do that because we saw the opportunity early, got behind excellent founders, and built synergy between portfolio companies."

Will and Unitus have made about 40 investments in India. He has also invested globally under the Capria brand where he has made another 25 investments in their most recent fund. According to Will, 2021 would count as the best year of VCs in India with approximately 37 unicorns being minted this year alone. He believes that 2022 will be another exciting year for the VCs in India as "soonicorns' continue to grow at a rapid pace. Unitus was the first institutional investor in 5C Network, India's largest digitaldiagnostic service provider. According to Will, when he first met Kalyan the founding CEO and Kalyan told him his story, he was frankly astounded that nobody else had built a company to do what they do in India. But Kalyan had uncovered a huge opportunity. Will and his partners made a bet that he could scale nationwide, first with AI-powered digital radiology and then with other digital services. Every step of the way Unitus helped Kalyan think even bigger and further out of the box and supported him with the cash he needed to grow the biz way ahead of other potential entrants. The growth story of 5C Network is one of the best in the recent history of Unitus as Will
looks forward to 2022.

PORTFOLIO SIZE: 40 investments across two funds

Saptak Bardhan

Former Trainee Writer

Former Trainee Writer
Thought Leaders

Need More Confidence? These 10 Bestselling Books Will Help Improve Your Self-Esteem

Self-esteem can be hard to come by and even harder to maintain. To give yourself a boost, try these authors' words of wisdom.


Keep Business Private with a Second Phone Number for $20

Hushed offers users a virtual number that can take calls and messages privately from their personal number.

Business News

A University Awarded a Student $10,000 for His AI Tool — Then Suspended Him for Using It, According to a New Lawsuit

Emory University awarded the AI study aid the $10,000 grand prize in an entrepreneurial pitch competition last year.

News and Trends

EaseMyTrip's Nishant Pitti Withdraws From Go First Bid as the Startup Registers Loss in Q4

Notably, EaseMyTrip reported a loss in the quarter due to write-offs of Go First's dues

Business News

Apple iPhone 7 Users May Be Owed a Slice of a $35 Million Settlement — Here's How to Claim Your Share

Previous (and current, no judgment) iPhone 7 users may be entitled to up to $349. The deadline to file a claim is June 3.