New Delhi [India], March 19: Rural-fintech Navadhan has raised Series A equity funding round with its initial target of 80 Cr oversubscribed to 111 Cr. The round is led by NabVentures, the venture Capital arm of NABARD. Prime Ventures is the co-lead with participation from LNB Group, also an LP in VC funds/ AIFs investing in tech startups. Other existing investors also doubled down - Varanium NexGen Fintech Fund, Gemba Capital, Faad, VC-Grid and Anicut.