SL Particulars Details
01 Name of the Scheme North East Venture Fund (NEVF)
02 Corpus of the fund Rs. 100 Crores.
03 Sponsors of the fund North Eastern Development Finance Corporation Limited (NEDFi)
04 Nature of Financial instrument
  • Equity
  • Convertible preference shares
  • Debentures
05 Investment Manager NEDFi Venture Capital Limited (NVCL), a wholly owned subsidiary of NEDFi.
06 Investment Size

Min: Rs. 25.00 lakhs.

Max: Rs.10.00 crores.

07 Anchor Investors
  • Ministry of Development of North Eastern Region (M-DoNER)
  • North Eastern Developement Finance Corporation Limited (NEDFi)


  • 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