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

NABVENTURES, the venture capital division of NABARD, has successfully closed its second fund at ₹450 Cr. The fund, with a target corpus of ₹1,500 Cr, includes a greenshoe option. NABARD, India's apex agriculture-focused financial institution, serves as the anchor investor. The firm intends to concentrate on early and growth stage startups leveraging technology to tackle challenges in agriculture and rural markets.

NABVENTURES aims to invest across sectors such as agritech, food and agribusiness, rural fintech, climate smart solutions, supply chain and logistics, and businesses driving rural transformation, sustainability, financial inclusion, and livelihood creation. The fund, NABVENTURES Fund II, will build upon the success of Fund I and AgriSURE.

The portfolio currently includes 23 startups like Unnati, Eggoz, Beyond Snack, and Jai Kisan. Notable investments include aquaculture-focused agritech startup Aquapulse, which recently raised ₹25 Cr in a Series A round led by NABVENTURES and KisaanSay. The shift in focus to agritech comes amid a decreasing trend in investments, with agritech startups raising $202 Mn across 36 deals in 2025, down nearly 25% from the previous year.

Despite the overall cautious funding environment in India's startup ecosystem, NABVENTURES remains committed to supporting agritech startups through its diversified portfolio.