AgriSURE - Agri Fund for Start-ups & Rural Enterprises

What it is

Support innovative, technology-driven, high-risk and high-impact activity in the agriculture and rural startup ecosystem through indirect AIF investments and direct equity investment in eligible startups.

What you get

• AgriSURE Direct equity or FoF AIF contribution route - terms vary

Who it is for

• Direct Scheme applicants must be early-stage startups focused on agriculture and rural development opportunities
• FoF applicants must be eligible SEBI-registered Category I or Category II AIFs incorporated in India and investing in permitted equity, equity-related instruments and/or debt securities
• the startup or AIF must fit the applicable AgriSURE preferred sector, instrument and investment strategy
• the applicant must approach NABVENTURES as Investment Manager through the current official contact route and complete the applicable fund diligence and documentation
• investment is merit-based and qualifying criteria do not guarantee sanction, contribution or investment

Not eligible if

• AgriSURE is not a universal grant, subsidy, loan window or guaranteed payment to every startup
• the INR 750 crore total corpus, INR 450 crore FoF corpus and INR 300 crore Direct corpus are fund-level figures, not applicant entitlements
• FoF and Direct routes must not be merged: FoF invests in AIFs while Direct invests in eligible early-stage startups
• targeting approximately 85 startups is a fund objective, not a promise or quota for applicants
• no intermediary may charge a fee for seeking assistance from AgriSURE; use the direct NABVENTURES contact route
• investment amount, valuation, dilution, governance, repayment/debt terms, fees, milestones, exit and selection remain subject to fund documents and Investment Manager decision

How to apply

1. 1
   Choose the correct AgriSURE route

   Decide whether you are applying as a startup under the direct scheme or as an Alternative Investment Fund under the fund-of-funds route; each route has its own eligibility.

   Official step
2. 2
   Verify sector, stage and fund criteria

   Confirm agriculture/rural-development relevance, early-stage status for the Direct Scheme or SEBI Category I/II AIF status for FoF, and the current fund documents.

   Official step
3. 3
   Prepare investment or contribution diligence

   Assemble the technology, market, impact, financial, ownership, governance, IP, regulatory, portfolio and fund-strategy material requested by NABVENTURES.

   Official step
4. 4
   Contact NABVENTURES through the official route

   Use agrisure@nabard.org and the current official page route, avoid intermediaries charging money for assistance, and retain all submitted materials and fund-document references.

   Official step

Keep ready