Unltd India is an incubator for social entrepreneurs endeavoring to improve social issues in India. Acting as a launch pad for social startups, Unltd provides funding and support and is unique in its efforts to engage at a point earlier than most other investors and support organizations with similar goals would.
Successful social enterprises that were supported by Unltd include Mirakle Couriers and No Nasties, one of their 2011 investees. Founded in 2007, Unltd India offers additional support in the form of a working space in which investees can launch their venture.
To date, Unltd investees have created 3,200 jobs in India and estimates that for every 1 Rupee invested in an investee, a further 14.5 Rupees were raised or earned in return, according to its March 2012 impact report.
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Unltd India is a Launch Pad for Budding Social Entrepreneurs
Published: Jul 7, 2012 • References: unltdindia.org