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NABARD-backed NABVENTURES Fund II raises ₹450 crore at first close
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CNBC TV18•09-10-2026, 15:48
NABARD-backed NABVENTURES Fund II raises ₹450 crore at first close
- •NABVENTURES announced the first close of its second fund with commitments totaling ₹450 crore, achieving 30% of its ₹1,500 crore target corpus.
- •NABARD serves as the anchor investor for Fund II, continuing its support for rural and agricultural innovation.
- •The fund will invest in early- to growth-stage companies leveraging technology and sustainable solutions in agri-tech, food, rural fintech, and climate-smart sectors.
- •NABARD Chairman Shaji Krishnan V emphasized the focus on enhancing productivity, farmer incomes, and resilient rural enterprises through strong commercial and social impact.
Key Questions Answered
NABVENTURES Fund II has announced its first close with commitments totaling ₹450 crore, which represents approximately 30% of its target corpus of ₹1,500 crore including a green-shoe option.
The National Bank for Agriculture and Rural Development (NABARD) acts as the anchor investor for NABVENTURES Fund II.
Fund II will invest in early- to growth-stage companies leveraging technology, scalable business models, and sustainable solutions across sectors such as agri-tech, food and agribusiness, rural fintech, climate-smart solutions, and supply chain logistics.
