NEDFi
Government of India
North Eastern Development Finance Corporation providing financial assistance, venture capital through NEVF, and microfinance to enterprises in India's eight northeastern states.
NEDFi at a glance
| Part of | Government of India |
|---|---|
| Established | 1995 |
| Address | Guwahati, Assam, India |
| Official website | www.nedfi.com |
| nedfi@nedfi.com |
Programs by NEDFi
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About NEDFi
North Eastern Development Finance Corporation Ltd (NEDFi) is a public limited company incorporated on 9 August 1995, headquartered in Guwahati, Assam. It provides financial assistance to micro, small, medium, and large enterprises for industrial, infrastructure, and agri-allied projects in the North Eastern Region of India, as well as microfinance through MFI/NGO channels.
In collaboration with the Ministry of Development of North Eastern Region (MDoNER), NEDFi has set up the North East Venture Fund (NEVF), a dedicated venture capital fund to encourage startup ventures in the region. NEDFi Venture Capital Limited (NVCL) acts as the investment manager, providing capital, nurturing, and handholding support to portfolio companies. NEDFi has sanctioned INR 766.47 crore and disbursed INR 547.11 crore for 5,338 projects in the NE region.
Who Benefits
Startups, MSMEs, and entrepreneurs in the eight northeastern states seeking project finance, venture capital, microfinance, and business development support for industrial, agricultural, and service-sector enterprises.
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Frequently asked questions about NEDFi
What does NEDFi do?
North Eastern Development Finance Corporation Ltd (NEDFi) is a public limited company incorporated on 9 August 1995, headquartered in Guwahati, Assam.
Where is NEDFi located?
NEDFi is based in Guwahati, Assam, India.
What sectors does NEDFi support?
NEDFi works with startups in MSME, Agriculture, Infrastructure and Manufacturing.
What stage of startup does NEDFi support?
NEDFi supports startups at the Pre-Seed, Seed, Series A and Growth stages.
When was NEDFi founded?
NEDFi was founded in 1995. It operates as a government.
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