Nabard launched NabVentures last month and has hired former CapAleph Fund director Rajesh Ranjan as to run the unit as chief executive.
NabVentures, the newly formed investment arm of India-based development bank National Bank for Agriculture and Rural Development (Nabard), has hired Rajesh Ranjan as chief executive.
Ranjan comes from India-based private advisory equity firm CapAleph Fund where he was a director as well as head of investments.
Established in December 2018, NabVentures will invest in early to mid-stage companies with a food, agribusiness and rural development focus. It plans to launch its first fund next month, and intends to facilitate institutional…
