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CosmicTaco
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Grapevine

Govt Unveils INR 750 Cr AgriSURE Fund to Boost Agritech Startups

  • The SEBI-registered Category II AIF will support agritech and rural startups with equity and debt funding.
  • Centre and NABARD will each contribute INR 250 Cr, with the remaining INR 250 Cr from banks, insurance companies, and private investors.
  • Agriculture ministry launched the Krishi Nivesh portal to centralize investment opportunities and agri-related information.
  • Union agriculture minister emphasized the government's commitment to empowering farmers and modernizing agriculture.
  • The launch follows the approval of the INR 2,817 Cr digital agriculture mission to build digital public infrastructure for farming.

Source: Inc42

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