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The Indian government, in partnership with the National Bank for Agriculture and Rural Development (NABARD), is set to launch a new fund named 'AgriSURE' with an initial corpus of Rs 750 crore to support Indian agritech startups and agripreneurs.

The fund is expected to be launched in August this year.

The fund will provide support through investments in sector-specific, sector-agnostic, and debt Alternative Investment Funds (AIFs) and direct equity support to startups working in Agriculture and allied sectors.

It will offer both equity and debt support, specifically targeting high-risk, high-impact activities in the agriculture value chain.
 

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