💻 Technology 13h ago · Anne Florentyna

NABVENTURES Marks First Close Of ₹1,500 Cr Fund At ₹450 Cr

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NABVENTURES Marks First Close Of ₹1,500 Cr Fund At ₹450 Cr
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NABVENTURES, the venture capital arm of the National Bank for Agriculture and Rural Development (NABARD), has announced the first close of its second fund at ₹450 Cr.
The firm, which invests in early to growth stage agritech startups, is targeting a corpus of ₹1,500 Cr for the fund. This also includes a greenshoe option. 
India’s apex agriculture focused financial institution NABARD is the anchor investor in the fund
The investment arm intends to double down on early and growth stage start

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