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Corporation
FINANCE | Retail Banking
nabard.org

Investments

9

Portfolio Exits

2

Funds

2

Partners & Customers

2

About National Bank For Agriculture And Rural Development

National Bank For Agriculture And Rural Development provides direct financing and refinancing in order to support the rural economy of India.

Headquarters Location

Plot C-24, G Block, Bandra Kurla complex, BKC Road, Bandra East

Mumbai, 400051,

India

91-022-26539895

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Latest National Bank For Agriculture And Rural Development News

NABARD launches initiative to promote eco-cultural tourism in Arunachal village

May 27, 2023

A+ Itanagar, May 27 (PTI) The National Bank for Agriculture and Rural Development (NABARD) has launched a project at a village in West Siang district of Arunachal Pradesh for promoting eco-cultural tourism. Eco-cultural tourism is a concept where both ecological and cultural aspects of a landscape are combined for attracting tourists. The project was launched on Friday at Kabu village by NABARD general manager Partho Saha, a communiqué said on Saturday. Saha said that the huge potential of the state for eco-cultural tourism would provide an ideal getaway for city people who look for avenues to relax among pristine nature. Young Men’s Adventure Club (YMAC), the implementing agency of the project, has a responsibility of sensitising the entrepreneurs about the importance of conservation, Saha said. The other components of the project are preserving, promoting and propagating the unique culture of the Galo community, the NABARD official said. “Through the homestays and the proposed ‘Ethnographic Centre’, the project partners will endeavour to open a window to local cuisines, local weave and handicraft, folklores, tribal religion, mythology, livelihoods and family structure, ” Saha pointed out. While these would be of immense interest to the tourists, they had the potential to provide substantial income to all the stakeholders, he added. NABARD district development manager (DDM) O P Mounglang said, “Kabu village already has a reputation as the cleanest village in the district, having been awarded the prize for the last two consecutive years”. PTI UPL MM MM This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content. Subscribe to our channels on YouTube & Telegram Support Our Journalism India needs fair, non-hyphenated and questioning journalism, packed with on-ground reporting. ThePrint – with exceptional reporters, columnists and editors – is doing just that. Sustaining this needs support from wonderful readers like you. Whether you live in India or overseas, you can take a paid subscription by clicking here .

National Bank For Agriculture And Rural Development Investments

9 Investments

National Bank For Agriculture And Rural Development has made 9 investments. Their latest investment was in Hesa as part of their Grant on October 10, 2021.

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National Bank For Agriculture And Rural Development Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

10/6/2021

Grant

Hesa

$0.01M

Yes

2

3/4/2021

Corporate Minority - II

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10

6/16/2020

Seed VC - II

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$99M

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10

7/12/2019

Grant

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10

7/12/2019

Grant

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10

Date

10/6/2021

3/4/2021

6/16/2020

7/12/2019

7/12/2019

Round

Grant

Corporate Minority - II

Seed VC - II

Grant

Grant

Company

Hesa

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Amount

$0.01M

$99M

New?

Yes

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Co-Investors

Sources

2

10

10

10

10

National Bank For Agriculture And Rural Development Portfolio Exits

2 Portfolio Exits

National Bank For Agriculture And Rural Development has 2 portfolio exits. Their latest portfolio exit was Eruvaka Technologies on June 30, 2022.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

6/30/2022

Acquired

$99M

2

2/2/2021

Acquired

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$99M

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10

Date

6/30/2022

2/2/2021

Exit

Acquired

Acquired

Companies

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Valuation

$99M

$99M

Acquirer

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Sources

2

10

National Bank For Agriculture And Rural Development Fund History

2 Fund Histories

National Bank For Agriculture And Rural Development has 2 funds, including Agricultural Fund.

Closing Date

Fund

Fund Type

Status

Amount

Sources

Agricultural Fund

1

Micro Irrigation Fund

10

Closing Date

Fund

Agricultural Fund

Micro Irrigation Fund

Fund Type

Status

Amount

Sources

1

10

National Bank For Agriculture And Rural Development Partners & Customers

2 Partners and customers

National Bank For Agriculture And Rural Development has 2 strategic partners and customers. National Bank For Agriculture And Rural Development recently partnered with Central Warehousing Corporation on August 8, 2021.

Date

Type

Business Partner

Country

News Snippet

Sources

8/4/2021

Partner

India

1

3/21/2017

Partner

India

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10

Date

8/4/2021

3/21/2017

Type

Partner

Partner

Business Partner

Country

India

India

News Snippet

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Sources

1

10

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