Why Affordplan is in the anti-portfolio of Unitus Ventures1 min read . Updated: 17 Jul 2018, 11:57 AM IST
While we are unsure of the extent of focus on the lower income segment in their current form, they proved that our thesis about savings products is correct
An indisputable measure of success for us is when the entrepreneurs we back build scaled profitable businesses that don’t just make crores of rupees for everyone, but also impact millions of lives. With each investment, we spent time evaluating, irrespective of whether the firm makes it to our anti-portfolio or not, we learn and adjust our assumptions. This learning feeds into our thesis on timing, market size, sectors/sub-sectors and impact in similar businesses we may see in the future. There are a few start-ups we evaluated but ultimately did not invest in. One of them is healthcare financing platform Affordplan.