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Sudhir Mehta

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Last Updated: Just Now
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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 governmentโ€™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 Indiaโ€™s innovation pipeline.

By RDU Global Wire5 min read
Markets, IPOs & Wealth10h ago

SEBI Orders Compliance in Recovery Case Against Legal Heir in Jay Energy, S. Energies Matter

India's markets regulator has issued a General Remittance Order dated September 23, 2026, in Recovery Certificate No. 8933 of 2025 against Pinal Rajesh Mehta, the legal representative of the late Rajesh Rajnikant Mehta, in connection with the Jay Energy and S. Energies Limited case. The order underscores SEBI's continuing enforcement push to secure compliance in long-running recovery proceedings tied to market violations.

5 min readRead โ†’
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 โ†’
Startups & Venture CapitalSept 26, 2026

Rivet Bags $10.5 Mn From Peak XV, Others To Scale Dating Platform In US

Indian dating startup Rivet has secured $10.5 million in seed funding from Peak XV Partners and Shine Capital, aiming to expand its footprint in the U.S. dating market. This investment marks a significant step for Rivet as it seeks to innovate and capture a growing demographic of users seeking meaningful connections.

4 min readRead โ†’

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