NABVENTURES Fund II Raises INR 450 Cr at First Close
NABVENTURES Fund II secures INR 450 crore at first close, targeting INR 1,500 crore to invest in agriculture and rural businesses.
Dr. Shaji Krishnan V Chairman National Bank for Agriculture and Rural Development (NABARD), India
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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 NABVENTURES Fund II, securing commitments of INR 450 crore. The fund is targeting a total corpus of INR 1,500 crore, including a green-shoe option. NABVENTURES’ earlier funds have collectively backed 23 enterprises.
NABARD is the anchor investor in Fund II. The fund will invest in early- and growth-stage enterprises using technology, scalable business models and sustainable solutions to address challenges across the agricultural value chain and rural markets.
Announcing the first close, NABARD Chairman Dr. Shaji Krishnan V said, “The successful First Close of NABVENTURES Fund II at INR 450 crore marks an important milestone in NABARD’s continued commitment to fostering innovation across India’s agriculture and rural economy. As the sector evolves, there is a growing need for scalable, technology-driven solutions that enhance productivity, strengthen value chains, improve farmers’ incomes, and build resilient rural enterprises.“
Through Fund II, we aim to partner with visionary entrepreneurs developing innovative solutions to address critical challenges across the agricultural ecosystem. Our focus is on supporting enterprises that deliver both strong commercial outcomes and meaningful social impact through sustainability, climate resilience, financial inclusion, and livelihood creation.
“By deepening support for the innovation ecosystem, NABARD seeks to accelerate the transformation of India’s agriculture and rural economy, making it more resilient, competitive, and future-ready.”
Fund II will invest in sectors including agri-tech, food and agribusiness, rural fintech, climate-smart solutions, supply chain and logistics, and other businesses supporting rural transformation.
In addition to capital, the fund will leverage NABARD’s nationwide presence and sectoral expertise to help portfolio companies scale their operations and reach rural markets.
NABVENTURES, the venture capital arm of the National Bank for Agriculture and Rural Development (NABARD), has announced the first close of NABVENTURES Fund II, securing commitments of INR 450 crore. The fund is targeting a total corpus of INR 1,500 crore, including a green-shoe option. NABVENTURES’ earlier funds have collectively backed 23 enterprises.
NABARD is the anchor investor in Fund II. The fund will invest in early- and growth-stage enterprises using technology, scalable business models and sustainable solutions to address challenges across the agricultural value chain and rural markets.
Announcing the first close, NABARD Chairman Dr. Shaji Krishnan V said, “The successful First Close of NABVENTURES Fund II at INR 450 crore marks an important milestone in NABARD’s continued commitment to fostering innovation across India’s agriculture and rural economy. As the sector evolves, there is a growing need for scalable, technology-driven solutions that enhance productivity, strengthen value chains, improve farmers’ incomes, and build resilient rural enterprises.“
Entrepreneur Staff • Editor
Entrepreneur Staff
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