NABVENTURES Secures ₹450 Crore First Close for Second Fund

10 Oct 2026, 7:30 am · 21h ago · 1 min read · YourStory

Amount

₹450 Cr

Stage

Fund Close

Lead

NABARD

NABVENTURES, the venture capital arm of the National Bank for Agriculture and Rural Development (NABARD), has achieved the first close of its second fund with Rs 450 crore in initial commitments. The fund targets a total corpus of Rs 1,500 crore, which includes a green-shoe option. The vehicle will invest in early and growth-stage startups operating across agriculture, food ecosystem, rural fintech, and climate resilience. The capital infusion is expected to support innovative enterprises developing scalable technology solutions and infrastructure tailored for India's rural economy and agricultural value chain.