NABARD Launches Rs 750 Crore Agri-SURE Fund for Startups
Summary: The National Bank for Agriculture and Rural Development (NABARD) has launched the “Agri-SURE” fund with Rs 750 crore to boost agricultural and rural tech businesses. Managed by NABVENTURES, the fund aims to improve the agricultural value chain through direct equity support and investments in Alternative Investment Funds (AIFs). It targets 85 agribusiness startups with a focus on high-risk, high-impact projects, promoting automation, digitization, and sustainable growth in agriculture. The initiative supports small landowners, enhances productivity, and facilitates job creation in rural areas. NABARD, established in 1982, continues to play a crucial role in promoting rural development and financial inclusion in India.
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