In a significant move to boost agricultural innovation and rural development, the Government of India, in collaboration with NABARD, has launched AgriSURE—an Alternative Investment Fund (AIF) designed to support technology-driven, high-risk, and high-impact start-ups in the agriculture and rural sectors. This initiative aligns with the 2022-23 Budget’s vision of fostering start-ups that enhance the agricultural value chain and empower rural enterprises.

AgriSURE boasts a corpus of ₹750 crore, with ₹250 crore each contributed by the Government and NABARD. The remaining ₹250 crore will be mobilized from private and institutional investors. Registered as a Category-II AIF with SEBI, the Fund has a tenure of 10 years, extendable by two years, ensuring sustained impact. Each startup will secure around 25 crore Indian Rupees under this scheme. 

The Fund's investment strategy includes sector-specific AIFs, sector-agnostic AIFs, debt AIFs, and direct equity investments in start-ups. Its beneficiaries span a broad spectrum, including Agritech, food processing, animal husbandry, fisheries, supply chain management, and more. By fostering innovations like farm mechanization, biotechnology, renewable energy, and IT-enabled solutions, AgriSURE aims to address key challenges in agriculture, promote climate-resilient practices, and improve the rural economy.

AgriSURE is poised to revolutionize the agricultural ecosystem by equipping start-ups with the resources and support needed to scale innovative ideas. Through this, it envisions creating a more sustainable and technologically advanced agricultural landscape, while uplifting rural communities and enhancing productivity.