NEDFi Venture Capital Ltd.

Overview

NEDFi Venture Capital Ltd. (NVCL) is a wholly owned subsidiary of the North Eastern Development Finance Corporation Ltd. (NEDFi), established to manage venture funds targeting the North Eastern region of India. NVCL focuses on providing equity assistance to startups, early-stage, and growth-stage companies, aiming to promote entrepreneurship and economic development in the area. The firm operates under the guidance of NEDFi, leveraging its extensive experience in financing various projects across the region. NVCL manages several funds, including the North East Venture Fund (NEVF), with a corpus of ₹100 crore, targeting investments in sectors such as food processing, healthcare, tourism, and IT & ITES. The fund seeks to invest in enterprises with innovative business models and sustainable growth potential. NVCL also manages the Manipur Startup Venture Fund (MSVF) and the NRL Ideation Angel Fund (NRL IAF), each with specific focus areas and investment criteria. NVCL's mission is to be a leader in the startup ecosystem of the North Eastern region by providing capital, nurturing support, and strategic guidance to innovative ideas and entrepreneurs. The firm aims to create value for all stakeholders by fostering high-growth companies and maximizing returns on investment. Through its dedicated funds and strategic initiatives, NVCL plays a pivotal role in driving economic growth and innovation in the North Eastern region of India.

Investment Focus

• Entrepreneurial vision with implementation capacity
• Strong management team
• Viable business model with sustainable growth
• Large scaling opportunities
• Market-fit product with good traction
• Realistic exit potential