Investor
NEDFi
NEDFi is a public limited company based in Guwahati, Assam, established in 1995 to foster economic growth in India's North Eastern Region. It provides financial and promotional services to entrepreneurs in the region.
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Overview
North Eastern Development Finance Corporation Ltd. (NEDFi) was established in 1995 to address the financial needs of entrepreneurs in the eight North Eastern states of India. Based in Guwahati, Assam, NEDFi serves as a development financial institution aimed at promoting sustainable economic growth in the region. The organization offers a range of financial services, including microfinance, project finance, and lending to micro, small, and medium enterprises (MSMEs). Additionally, NEDFi is involved in promoting sustainable livelihood programs, particularly in handloom and handicrafts, and provides consultancy and advisory services to support local entrepreneurs.
Focus
NEDFi provides financial assistance to micro, small, medium, and large enterprises for establishing industrial, infrastructure, and agri-allied projects in Northeast India. Their investment focus includes startups, early-stage, and growth-stage companies, particularly in sectors such as food processing, tourism, healthcare, IT & ITES, and aggregation of services.
Support
NEDFi adds value to its portfolio companies by offering not just financial support but also advisory services, mentoring, and market intelligence. It aims to foster sustainable livelihoods through microfinance and CSR initiatives, ensuring responsive service delivery to its clients.
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