The Fund

Sl. | Particulars | Details |
01 | Name of the Scheme | North East Venture Fund (NEVF) |
02 | Corpus of the fund | Rs. 100 Crores. |
03 | Anchor Investors of the fund |
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04 | Sponsors of the fund | North Eastern Development Finance Corporation Limited (NEDfi) |
05 | Investment Manager | NEDFi Venture Capital Limited (NVCL), a wholly owned subsidiary of NEDFi. |
06 | Objective of the fund |
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07 | Nature of Financial Assistance |
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08 | Focus Area |
Prime focus of the fund will be to Investment in Projects/unit in the following sectors:
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09 | Investment Size | Min: Rs. 25.00 lakhs. Max: Rs.10.00 crores. |