Electrospun bioactive nanofibers have great potential as promising reinforcement fillers for next generation bone tissue engineering application. In the present study, electrospun nanofibrous membrane (ENM) prepared from blend of poly (vinyl) alcohol (PVA), nanohydroxyapatite (nano-HA) using fish bone, collagen type I (CT I) from fish bone, and graphene oxide (GO) by electrospinning for their prospective application in bone regeneration. The prepared nanofibrous membrane was characterized using physicochemical and mechanical properties. Scaffold prepared from PVA:nano-HA:CTI:GO possessed better physicochemical and mechanical properties. Invitro studies were carried out using human keratinocyte cell line (HaCaT) which proved the biocompatibility of the nanofibrous membrane and its more viable cells present in the nanofibrous membrane (PVA:nano-HA:CTI:GO). The article discusses in detail the applicability of these nanofibrous membrane in tissue engineering such as bone, cartilage, ligament, skin and as vehicle for the controlled delivery of drugs and future trends. © 2019 Elsevier B.V.