NAB Ventures launches Rs.750-Cr fund for agri startups, rural cos

NAB Ventures , a unit of National Bank for Agriculture and Rural Development (NABARD), has launched an INR 750 crore agri fund called ‘Agri-SURE’, for startups and rural enterprises. The fund will receive INR 250 crore each from NABARD and the Ministry of Agriculture, and raise the balance INR 250 crore from other institutions.The fund would invest in technology-driven, high-risk, and high-impact activities in agriculture and allied areas.