Economy

NABARD announced investment under AgriSURE Fund

NABARD makes first investment under the AgriSURE Fund at the Global Fintech Festival.

NABARD makes first investment under the AgriSURE Fund at the Global Fintech Festival.

The National Bank for Agriculture and Rural Development (NABARD) announced investment under the AgriSURE Fund, jointly promoted by the Union Agriculture Ministry and NABARD, at the Global Fintech Festival (GFF) 2025 recently.

A media statement said that Fambo Innovation Pvt Ltd, a startup revolutionising the agri-food supply chain by directly connecting farmers and farmer producer organisations with food businesses such as quick service restaurants and cloud kitchens, was recognised as the first investee startup under the AgriSURE Fund.

At the GFF 2025, NABARD also provided a platform for its supported and funded ventures driving innovation and financial inclusion in rural India. The entities were: Kuberjee Tech Pvt Ltd, which delivers seamless, technology-driven financial solutions; NAVADHAN Capital, which empowers smallholder farmers and rural entrepreneurs through accessible credit; and SLO Technologies (Advarisk), which offers real-time collateral management platform.

Quoting Shaji KV, NABARD Chairman, the statement said: “By integrating fintech and agritech innovations, we can strengthen rural credit systems, promote transparency, and expand outreach to remote communities. NABARD’s strategic initiatives and partnerships are designed to nurture innovation, encourage collaboration, and support sustainable financial practices across the ecosystem. Our vision is to build a resilient rural economy powered by inclusion, technology, and sustainability.”

Opportunity for problem solvers

Platforms like the GFF provide an ideal opportunity to explore collaborations that accelerate digital adoption, improve underwriting processes, and present rural communities as empowered and bankable customers, he said.

The statement said that the NABARD hackathon was an opportunity for problem-solvers across India to turn smart ideas into working solutions for rural communities. This year’s challenge focussed on developing low-cost, easy-to-use MRV (Monitoring, Reporting, and Verification) systems that can measure the impact of climate-friendly farming practices and help small farmers access benefits like carbon credits.

The RuralTech CoLab portal went live at GFF 2025. This tech-enabled platform aims to bring together fintech, agritech, and digital service providers to drive scalable, inclusive rural solutions, it said.

Published on October 14, 2025

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