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Supporting startups with India scale and global potential
Capria Ventures India Fund III (IN/AIF2/24-25/1590) is a SEBI-registered Category II Alternative Investment Fund registered in September 2024, managed by UC Impower Investment Managers LLP — the PE fund arm of the Unitus Capital Group. UC Impower is co-founded by Eric Savage (CEO, Unitus Capital) and described as 'an ambitious early-growth-stage private equity fund.' The fund is marketed under the Capria Ventures brand — a global impact investment platform co-founded by Will Poole and Dave Richards, partnered with Unitus Capital for India-focused funds. Capria Ventures India Fund III is the third India fund in this series, focused on investing in impact-led growth-stage companies in financial inclusion, climate tech, affordable healthcare, affordable education, and related sectors. Unitus Capital, headquartered in Bengaluru, is India's leading impact investment group — ranked #1 Indian investment bank by Venture Intelligence — having raised over USD 5 billion for impact businesses since 2007. The fund is registered at No. 99/100, Prestige Towers, 2nd Floor, Residency Road, Bengaluru 560025.
Capria Ventures / UC Impower invests in early-growth-stage companies in India that are building scalable, impact-led businesses addressing fundamental challenges in financial inclusion, climate tech, affordable healthcare, affordable education, and livelihoods. The investment philosophy combines rigorous commercial underwriting with deep sector expertise and a commitment to measurable social and environmental impact. The approach emphasises partnering with founders who have the potential to lead large, sustainable businesses, and providing hands-on support across capital raising, governance, and strategy. Unitus Capital's broader thesis is that impact and returns are complementary — backing companies that serve underserved markets with innovative, technology-enabled solutions delivers both commercial success and transformational societal change.
Eric Savage
Co-Founder & CEO, Unitus Capital / Co-Founder, UC Impower
Eric Savage co-founded Unitus Capital in 2007 and built it into India's leading impact investment group, raising over USD 5 billion for impact businesses. He previously ran Citigroup's Asian investment banking franchise (power and infrastructure) and was based in NYC and Hong Kong for 14 years. He co-founded UC Impower as Unitus's PE fund vehicle. A Duke University (cum laude) and Harvard Kennedy School graduate (Lucius N. Littauer Fellow), Eric has received the Indira Gandhi Sadbhawana Award and was named Indian Expat Entrepreneur of the Year (2014). He is a Fellow of the Aspen Institute's Finance Leaders Fellowship.
Srikrishna Ramamoorthy
Venture Partner (India) – Capria Ventures
Srikrishna Ramamoorthy (known as 'Sri') is one of the three co-founders of Unitus Ventures, having been involved since the fund's inception in 2012. He was previously a Grant Officer at the Michael & Susan Dell Foundation and part of the founding team at Ujjivan, India's leading urban microfinance bank. After the Unitus-Capria merger in September 2023, he joined Capria as Venture Partner for the India region. He holds a B.E. in Computer Science from RV College of Engineering.
Abhijit Ray
Co-Founder & Managing Director, Unitus Capital
Abhijit Ray co-founded Unitus Capital and has nearly 20 years of experience in development finance, commercial banking, and microfinance. Previously an AGM at SIDBI overseeing microfinance in Andhra Pradesh, he started his career at the State Bank of India. He holds a degree from Kolkata University and has completed the Harvard Business School Program on Strategic Leadership for Microfinance.
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Surya Mantha
Managing Partner – Capria Ventures
Surya Mantha was Managing Partner at Unitus Ventures and joined Capria as Managing Partner following the September 2023 merger. He previously worked at Omidyar Network India and RealNetworks, and joined Unitus Ventures in 2019. He leads Capria's India investment strategy.
Kylie Charlton
Co-Founder & Managing Director, Unitus Capital
Kylie Charlton co-founded Unitus Capital in 2008 after leading capital markets work at Unitus Labs. She has 25+ years of experience at the intersection of mainstream capital markets, impact investment, and philanthropy, and was formerly VP at Citigroup's Project and Structured Finance Group. An Oxford MBA (Saïd Business School), she is CIO of Australian Impact Investments and a Venture Partner to the Giant Leap Fund.
Will Poole
Managing Partner – Capria Ventures (Co-founder)
Will Poole co-founded Unitus Ventures along with Dave Richards and Srikrishna Ramamoorthy. He was a senior executive at Microsoft where he led the Windows business globally. He continues as Managing Partner at Capria Ventures post-merger.
Ann Short
Chief Operating Officer, Unitus Capital
Ann Short has 25+ years in financial services including as COO of Global Corporate & Investment Banking at Bank of America Securities and EVP at NASD (now FINRA). She spent 18 years at Morgan Stanley, rising to Managing Director, and has an MS from MIT Sloan and BA from Wellesley College.
Vikas Sarda
CFO, Unitus Capital / SEBI Contact Person
Vikas Sarda is the CFO of Unitus Capital and the SEBI-registered contact person for Capria Ventures India Fund III. A Chartered Accountant with Honours in Commerce from Delhi University, he joined Unitus in 2009 and leads finance, accounting, investor reporting, and cash management. He has over two decades of experience managing alternative funds. Previously at Max New York Life Insurance and WNS.