NABVENTURES Marks ₹450 Crore First Close for Second Agritech Fund

9 Oct 2026, 5:00 pm · 1d ago · 1 min read · YourStory

Amount

₹450 Cr

Stage

First Close

Lead

NABARD

NABVENTURES, the venture capital arm of the National Bank for Agriculture and Rural Development (NABARD), has completed the first close of its second fund at ₹450 crore. The fund targets a total corpus of ₹1,500 crore, including a green-shoe option. With NABARD as the anchor investor, Fund II will back early- and growth-stage startups in agritech, climate-smart solutions, rural fintech, and food supply chains. NABVENTURES previously backed 23 startups through Fund I and AgriSURE, including Unnati, Eggoz, Beyond Snack, Jai Kisan, and Aquapulse, aiming to tackle critical rural value chain challenges across India.