NABARD is looking to fund around 100 agriculture and rural startups this year
The bank is looking to cross the mark of INR 5 Lakh Cr. asset size in FY 2019-20
NABARD setup a startup fund earlier this May with an outlay of INR 700 Cr
On the occasion of the 38th Foundation Day of the government-backed National bank for agriculture and rural development (NABARD), the development bank felicitated five agritech startups for their promising use of technology in agriculture.
These five startups included dairy startup Stellapps Technologies, biotech startup Sea6 Energy, aqua-farming startup Eruvaka Technologies, rural ecommerce platform InThree (BoonBox) and packaged foods startup Kottaram Agro foods (Soulfull).