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RDI Fund

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Startups & Venture Capital Just now (09:34 AM IST)

TDB backs 22 projects under Rs 1 lakh crore RDI Fund, says Sudhir Mehta

The Technology Development Board has backed 22 projects in the first cohort under the government’s Rs 1 lakh crore Research, Development and Innovation Fund, industrialist Sudhir Mehta said on Wednesday. The projects together involve Rs 4,744 crore in research and development spending and Rs 2,192 crore in funding from the RDI Fund, underscoring an early push to deepen India’s innovation pipeline.

By RDU Global Wire5 min read
Startups & Venture Capital3h ago

GalaxEye Secures Rs 63.84 Crore RDI Backing to Advance Indigenous Multisensor Satellite Tech

Bengaluru-based spacetech startup GalaxEye has won Rs 63.84 crore in financial support under the Centre's Research, Development and Innovation Fund to build its next-generation multisensor satellite platform. The project, backed by the Technology Development Board, aims to push the company's indigenous OptoSAR technology from prototype stage to an operational system capable of sub-0.5-metre Earth observation imaging.

5 min readRead →

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