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AgriSURE Fund: Govt Offering Rs 25 Crore Each to 85 Startups — You Could Be One of Them! Check Eligibility, Benefits & Application Process

Looking to transform Indian agriculture with your innovative idea? The AgriSURE Fund offers agri-startups up to Rs 25 crore in funding. Check the eligibility criteria, learn about the application process, and get all the details to kickstart your journey in revolutionizing the agricultural sector!

Saurabh Shukla
With a total fund size of Rs 750 crore, the AgriSURE Fund aims to invest in around 85 promising startups, offering up to Rs 25 crore to each. (Representational AI Generated Image)
With a total fund size of Rs 750 crore, the AgriSURE Fund aims to invest in around 85 promising startups, offering up to Rs 25 crore to each. (Representational AI Generated Image)

Are you an aspiring agri-entrepreneur, a startup founder, or a farmer with an innovative idea to transform agriculture? The Indian government is offering a big opportunity for agri startups through the AgriSURE Fund. Over 85 startups in agriculture and rural sectors can get funding of up to Rs 25 crore each.

Whether you're developing smart farming technology, engaging in food processing, focusing on renewable energy, or empowering farmer collectives, this fund is designed to support innovative ideas that have the potential to reshape rural India. Here’s everything you need to know about eligibility, the application process, and how to get started.

What is the AgriSURE Fund?

The AgriSURE Fund (Agri Fund for Startups and Rural Enterprises) is a special funding program launched by the government and managed by NABARD through its venture capital arm NABVENTURES Ltd. It is designed to support startups working in agriculture and rural development.

With a total fund size of Rs 750 crore, it aims to invest in around 85 promising startups, offering up to Rs 25 crore per startup. The fund focuses on boosting innovation in areas like agritech, food processing, farm machinery, animal husbandry, renewable energy, and services for Farmer Producer Organizations (FPOs).

The goal is to help these startups grow, solve real problems for farmers, improve the agriculture value chain, and create jobs in rural India.

AgriSURE Fund Structure

The AgriSURE Fund has a total corpus of Rs 750 crore, structured through a co-investment model. It includes Rs 250 crore from the Government of India, Rs 250 crore from NABARD, and the remaining Rs 250 crore will be raised from other institutions, including private investors. The fund is set to run for 10 years from its start, with the possibility of a 2-year extension, giving startups a stable and long-term source of support.

Why This Fund Matters

The idea behind the AgriSURE Fund is simple: Indian agriculture needs fresh ideas and modern solutions. Whether it’s through agri-tech platforms, smart supply chains, food processing innovations, or clean energy use in rural areas—startups are increasingly seen as game-changers in transforming the agricultural sector.

This fund isn’t just about money, it’s about mentorship, growth, and creating long-term impact. Startups that solve real problems for farmers, rural businesses, and agri-value chains will be given a boost to scale faster and wider.

Components of the AgriSURE Fund

  • AgriSURE – Fund of Funds (FoF) Scheme: This component has a corpus of Rs 450 crore and is designed to invest in SEBI-registered Category I and II Alternative Investment Funds (AIFs). These AIFs, in turn, fund startups working in agriculture and rural development. The maximum investment from AgriSURE into any AIF is up to 5% of the fund’s total size or Rs 25 crore, whichever is lower. This helps spread support across multiple innovative startups through trusted investment channels.

  • AgriSURE – Direct Scheme: With a corpus of Rs 300 crore, this scheme focuses on directly funding early-stage startups that are working on impactful solutions in agriculture and rural sectors. Startups selected under this scheme can receive up to Rs 25 crore each, helping them scale their operations, improve technologies, and reach more farmers across India.

Who Can Apply?

To be eligible for this funding, startups must:

  • Be recognized by DPIIT (Department for Promotion of Industry and Internal Trade)

  • Be incorporated in India

  • Work in agriculture or allied sectors such as AgriTech, Food Processing, Fisheries, Renewable Energy, Waste Management, Farm Mechanization, and more

  • Have a scalable model that can create measurable social and economic impact

Special focus will also be given to startups supporting Farmer Producer Organizations (FPOs) and those involved in climate-resilient agriculture and sustainable farming.

Target Beneficiaries

The fund aims to support startups operating in sectors such as:

  • Agritech

  • Food Processing

  • Animal Husbandry

  • Fisheries

  • Supply Chain Management

  • Farm Mechanization

  • Biotechnology

  • Waste Management

  • Renewable Energy

  • Agri Value Chain including Primary Cooperative Societies development

  • Climate Change Mitigation

  • Support for Farmer Producer Organizations (FPOs)

Application Process: How to Apply?

If you’re an agri-startup founder or part of a rural tech initiative, here’s how you can apply:

  1. Prepare a Detailed Proposal: Outline your startup's objectives, innovation, scalability, and impact on agriculture and rural development.

  2. Submit your proposal to NABVENTURES Ltd. via their official platform or through NABARD’s AgriSURE Fund page.

  3. Evaluation: Your application will go through screening and evaluation based on impact, scalability, and sector relevance.

  4. Funding Decision: Once selected, you’ll receive funding, mentorship, and growth support under the scheme.

For the official link to apply and check details, visit: https://www.nabard.org/agrisure.aspx

India is already home to a vibrant startup ecosystem, and agriculture is rapidly emerging as a hub for innovation. Whether it's using drones for crop monitoring, AI for tracking soil health, or solar-powered storage systems, technology is transforming farming.

The AgriSURE Fund presents a valuable opportunity for these startups to not only survive but thrive, enabling them to reach millions of farmers and revolutionize agriculture at the grassroots level.

For more information related to the schemes, please visit the official NABARD website.

More on this:
  • What is the AgriSURE Fund?

    The AgriSURE Fund is a government initiative managed by NABARD to support startups in agriculture and rural development. It offers funding of up to Rs 25 crore for innovative solutions in agritech, food processing, renewable energy, and more.

  • Who can apply for the AgriSURE Fund?

    Startups in agriculture and allied sectors, recognized by DPIIT and incorporated in India, can apply. The fund is particularly focused on scalable solutions with measurable social and economic impact, including those supporting Farmer Producer Organizations (FPOs).

  • How much funding is available through the AgriSURE Fund?

    Startups can receive up to Rs 25 crore in funding depending on the scheme they apply for, with a total fund size of Rs 750 crore.

  • How do I apply for the AgriSURE Fund?

    Prepare a detailed pitch and submit it via NABVENTURES Ltd. or the NABARD website. Your application will be evaluated based on impact, scalability, and sector relevance.

  • What sectors are eligible for the AgriSURE Fund?

    Eligible sectors include agritech, food processing, animal husbandry, renewable energy, farm mechanization, and more, with a focus on sustainable agriculture and climate-resilient solutions.

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