AgriSURE Fund

AgriSURE Fund is a ₹750 crore initiative established to foster innovation and sustainability in India's agriculture sector. Sponsored by the Government of India and NABARD, the fund is managed by NABVENTURES Ltd., a wholly owned subsidiary of NABARD. It is registered as a Category-II Alternative Investment Fund with SEBI and aims to support approximately 85 start-ups over its 10-year tenure.

The fund operates through two primary schemes: the AgriSURE – Fund of Funds (FoF) Scheme and the AgriSURE – Direct Scheme. The FoF Scheme, with a corpus of ₹450 crore, invests in SEBI-registered sector-agnostic and sector-specific Category I and II Alternative Investment Funds (AIFs). The Direct Scheme, with a corpus of ₹300 crore, focuses on direct equity investments in early-stage start-ups addressing challenges in the agriculture and rural sectors of India.

Target beneficiaries include start-ups in sectors such as Agritech, Food Processing, Animal Husbandry, Fisheries, Supply Chain Management, Farm Mechanization, Biotechnology, Waste Management, Renewable Energy, Agri Value Chain, Primary Cooperative Societies Development, Support for FPOs, Technology Support at Farm Level, and Climate Change. The fund aims to create an investment-friendly climate for these start-ups, accelerate their growth, and attract more investment into the agri and rural start-up ecosystem.

The AgriSURE Fund is designed to operate for 10 years from its inception, extendable by two years, ensuring long-term support for the agricultural and rural start-up ecosystem in India.