NABVENTURES plans Rs 30-70 crore bets on growth-stage firms in Fund II
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓NABVENTURES plans to invest ₹30-70 crore per company in its second fund.
- ✓The firm targets growth-stage businesses in agriculture, rural finance, and climate solutions.
- ✓Managing director Vikas Bhatt said, “Agriculture and rural transformation remain at the core of our thesis.” The fund already got ₹450 crore in its first close.
Story at a Glance
- Category
- BUSINESS
- Reported By
- The Economic Times
- Reading Speed
- 4 Minute(s)
- Market Focus
- India Economy
Synopsis
NABVENTURES aims to invest ₹30-70 crore per company in agriculture, rural financial services, and climate solutions. The venture capital arm plans to focus on technology-driven businesses and growth-stage companies with established traction. Larger initial checks will be adapted for follow-on funding in high-performing portfolio companies. The emphasis will be on sustainable scaling in large markets, improving productivity, and raising farmers' incomes.
Kolkata: NABVENTURES, the venture capital arm of the National Bank for Agriculture and Rural Development (NABARD), plans to invest ₹30-70 crore per company under its second fund, targeting growth-stage businesses across agriculture, rural financial services and climate solutions as it steps up its focus on technology-driven enterprises.
Unlock the Full Story with ArthNow Premium
To continue reading this complete financial story and in-depth market context, upgrade to ArthNow Premium. Enjoy unlimited access across Web and Mobile.
The Economic Times
Read the full, original unfiltered story directly on the publisher's portal.