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Nabventures launch second VC fund with Rs.1,000-Cr corpus
Business Line The National Bank for Agriculture and Rural Development
The National Bank for Agriculture and Rural Development (Nabard) is planning to launch an INR 1,000 crore second fund for startups through its investment subsidiary, Nabventures. Nabard would contribute 40% of the total investment.Nabventures’ initial fund is fully invested across 19 companies. The new fund, anticipated to launch this financial year, will be rural-focused, covering agriculture and climate technology.
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Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.