Funding
First close · Agritech

NABVENTURES Fund II reaches INR4.5 billion first close

Anchored by NABARD, the fund will back businesses serving India’s agriculture and rural economy.

By RoundOS Funding desk

NABVENTURES Fund II has secured INR4.5 billion in commitments at its first close. NABARD is the anchor investor in the vehicle, which targets a total corpus of INR15 billion including a greenshoe option.

Managed by NABVENTURES Limited, the fund focuses on agriculture, food, rural finance, logistics and climate-related businesses. It plans to combine growth capital with NABARD’s sector expertise and rural network.

Use of funds

Invest in Indian agriculture and rural technology businesses

Funding history

First close · This round₹4.5B

Sources

  1. NABVENTURES Fund II first-close announcementfintechbiznews.com
  2. NABVENTURES official first-close newsnabventures.in
  3. NABVENTURES Fund II overviewnabventures.in

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