SL Particulars Details
01 Name of the Scheme North East Venture Fund (NEVF)
02 AIF Category Category I Venture Capital Fund
03 SEBI Registration Number IN/AIF1/16-17/0285
04 Corpus of the fund Rs. 100 Crores.
05 Sponsors of the fund North Eastern Development Finance Corporation Limited (NEDFi)
06 Nature of Financial instrument
  • Equity
  • Convertible preference shares
  • Debentures
07 Investment Manager NEDFi Venture Capital Limited (NVCL), a wholly owned subsidiary of NEDFi.
08 Investment Size

Min: Rs. 25.00 lakhs.

Max: Rs.10.00 crores.

09 Anchor Investors
  • Ministry of Development of North Eastern Region (M-DoNER)
  • North Eastern Developement Finance Corporation Limited (NEDFi)
10 To apply email nevf@nedfi.com

ENTRY CRITERIA

  • Entrepreneurial person with innovative vision and implementation power
  • Strong management team and commitment
  • Viable business model with sustainable growth
  • Large scaling opportunities
  • Market-fit product with good traction
  • Realistic exit potential
SL Particulars Details
01 Name of the Fund Manipur Startup Venture Fund (MSVF)
02 AIF Category Category I Venture Capital Fund
03 SEBI Registration Number IN/AIF1/23-24/1464
04 Corpus of the fund Rs. 30 crores
05 Nodal Agency Department of Planning, Govt. of Manipur
06 Eligibility Govt of Manipur & DPIIT recognized startup and registered as a Private Limited Company
07 Nature of Financial instrument
  • Equity
  • Preference shares
  • Debentures
  • Convertible Notes
08 Investment Manager NEDFi Venture Capital Limited (NVCL), a wholly owned subsidiary of NEDFi.
09 Investment Size

Min: Rs. 10.00 lakhs.

Max: Rs.3.00 crores.

10 To Apply Visit https://startupmanipur.in/

ENTRY CRITERIA

  • A domicile of Manipur by birth
  • Govt of Manipur & DPIIT recognized startup and registered as a Private Limited Company
  • An early revenue growth-stage startup with market fit product or a service with a scope of scaling up
  • Use of technology in its core product or service, or business model to solve the problem being targeted
  • An entrepreneurial person with innovative vision and implementation capacity
  • Strong management team and commitment towards the startup
  • Viable business model with sustainable growth potential
  • Realistic exit potential
SL Particulars Details
01 Name of the Fund NRL Ideation Angel Fund (NRL IAF)
02 AIF Category Category I Venture Capital Fund (Angel Fund)
03 SEBI Registration Number IN/AIF1/23-24/1273
04 Corpus of the fund Rs. 35 crores
05 Eligibility DPIIT recognized startup and registered as a Private Limited Company
06 Nature of Financial instrument
  • Equity
  • Preference shares
  • Debentures
  • Convertible Notes
07 Investment Manager NEDFi Venture Capital Limited (NVCL), a wholly owned subsidiary of NEDFi.
08 Investment Size

Min: Rs. 25.00 lakhs.

Max: Rs.7.50 crores.

09 To Apply Visit https://www.ideation.nrl.co.in/

ENTRY CRITERIA

  • Scalable business models and sustainable competitive advantage
  • Significant growth potential
  • Proven market potential and customer need
  • Exceptionally talented management team with deep industry expertise
  • Clear Exit strategy
  • Large Market
  • Identified Pain point and need, gap
  • High entry barrier, early mover advantage