PUBLIC NOTICE

It has come to our notice that some persons/institutions/organizations are acting as agents of NABVENTURES Ltd or the AgriSURE fund and its stakeholders and collecting money in return for applying for funding from the AgriSURE fund.

We would like to inform the public and institutions that no money is charged in any manner for seeking assistance from the AgriSURE fund. If you are interested in AgriSURE fund, you can directly contact NABVENTURES atagrisure@nabard.org.

NABVENTURES Ltd and other stakeholders of AgriSURE fund never ask for money for seeking assistance from the Fund. In order to save the institutions/members of the public from cheating and financial loss, etc., NABVENTURES Ltd urges the public to remain alert and not to fall prey to frauds.

Institutions and members of the public are also advised to be cautious in their own interest and desist from entering into any dealings with such persons/ institutions/ organizations and not to respond to such fraudulent letters/e-mails or malicious offers of funding. Institutions/members of the public dealing with such persons would be doing so at their own risk. NABVENTURES Ltd and other stakeholders of AgriSURE shall not be responsible for cost and consequences in this regard.

Slide 1

A Fund Promoted by Ministry of Agriculture and Farmers Welfare (MoA&FW), Government of India and NABARD

Slide 2

The Fund intends to invest in Sector Specific AIFs, Sector Agnostic AIFs, Debt AlFs and Direct Equity Investment in start-ups.

Slide 3

The Fund is set up to support innovative, technology driven, high-risk, high-impact activities in agriculture and rural start-up ecosystem.

agrisure

(click here for SEBI registration details)

About AgriSURE

Hon'ble Finance Minister, in the Budget speech of 2022-23, announced that, "A Fund with blended capital, raised under the co-investment model, will be facilitated through NABARD. This is to finance Start-ups for agriculture & rural enterprise, relevant for farm produce value chain. The activities for these Start-ups will include, inter alia, support for FPOs, machinery for farmers on rental basis at farm level, and technology including IT-based support."

In this background, a Fund, viz., AgriSURE – 'Agri Fund for Start Ups & Rural Enterprises' is set up to support innovative, technology driven, high-risk, high-impact activities in agriculture and rural Start-ups ecosystem. Ministry of Agriculture and Farmers Welfare (MoA&FW) Government of India (GOI) and NABARD are sponsoring agencies for the Fund. The Fund is registered as a Category-II Alternative Investment Fund with SEBI

FoF Scheme

Corpus ₹450 Crore

The Scheme is oriented towards providing funding support to the AIFs for onward investments in Start-ups (as defined by the Government of India) in its preferred sectors.

Read more about FoF Scheme
AgriSURE Logo
Total Corpus ₹750 Crore

Direct Scheme

Corpus ₹300 Crore

The Scheme aims to invest in early-stage Start-ups focused on agriculture and rural development opportunities. It specifically focuses on investing in early-stage Start-ups that address challenges and create opportunities in the agriculture and rural sector of India.

Read more about Direct Scheme

Key Features:

Total Corpus: ₹750 crore.

Contributions: ₹250 crore each from the Government of India and NABARD, with an additional ₹250 crore to be mobilized from other institutions including private investors.

Investment Focus: The Fund intends to invest in Sector Specific AIFs, Sector Agnostic AIFs, Debt AIFs and Direct Equity Investment in Start-ups.

Duration :The duration of the Fund will be 10 years from the date of inception of the Fund, extendable by two years.

Target Beneficiaries : Target beneficiaries will include Start-ups working in agriculture and rural development sector and will include, but not limited to, Agritech, Food Processing, Animal Husbandry, Fisheries, Supply Chain Management, Farm Mechanisation, Biotechnology, Waste Management, Renewable energy, Agri Value Chain including Primary Cooperative Societies development, Support for FPOs, Technology support at Farm level and Climate change.

Other Information
  • Agri-SURE Fund will follow the extant SEBI guidelines while providing support to Agri/rural start-ups and the Private Placement Memorandum(s) of the Fund.
  • Merely qualifying the criteria does not guarantee sanction of contribution /investment to the AIFs / Start-ups.
  • The investment will be considered from the Fund based on the merits of the case and the decision of the Investment Manager shall be final in this regard.
  • Start-ups or AIFs desirous of seeking investment/contribution may reach out to the Investment Manager of the Fund at agrisure@nabard.org

Click Here for the Frequently Asked Questions(FAQ)