NABVENTURES announces first close of Fund II at ₹450 crore
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- ✓NABVENTURES announced the first close of Fund II at ₹450 crore on October 9, 2026.
- ✓The venture capital arm of NABARD aims for a total corpus of ₹1,500 crore.
- ✓It will invest in agri-tech and rural fintech startups.
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- MARKET
- Reported By
- Business Line
- Reading Speed
- 2 Minute(s)
- Market Focus
- India Economy
NABVENTURES, the venture capital arm of the National Bank for Agriculture and Rural Development (NABARD), has announced the successful first close of NABVENTURES Fund II, securing commitments of ₹450 crore. Building on the strong track record of its earlier funds, which have collectively backed 23 innovative enterprises, the Fund is targeting a total corpus of ₹1,500 crore, including a green-shoe option.
A media statement said NABVENTURES Fund II will invest across high-potential early- to growth-stage companies in sectors such as agri tech, food and agribusiness, rural fintech, climate-smart solutions, supply chain and logistics, and other innovations driving rural transformation.
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