Nabard’s venture investment arm announced a Rs 10 crore investment in Satyukt Analytics, a satellite agri-analytics startup, according to PTI report. Satyukt deploys satellite technology and machine learning to provide software as a service-based advisory services to farmers, as per an official statement. The National Bank for Agriculture and Rural Development (Nabard)-backed Nabventures’ investment, started…
Tag: NABARD
Rural fintech startup Jai Kisan raises ₹30Cr in pre-Series A funding from NABARD
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•Mumbai-based rural fintech startup Jai Kisan recently announced that it has secured ₹30Cr in pre-Series A funding round led by Arkam Ventures. The funding round also saw participation from NABVENTURES Fund I,the investment arm of agriculture and rural development institution NABARD. This is NABVENTURES maiden investment in any startup. The funding round also saw participation…
NABARD appoints G R Chintala as Chairman
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•The National Bank for Agriculture and Rural Development (NABARD) recently announced that it has appointed G R Chintala to the position of Chairman. The apex agri-finance institution on Wednesday announced that Chintala will replace H K Bhanwala. Bhanwala had been heading the organisation for more than six years. Prior to his appointment, Chintala was the…