TIDCO Invests ₹25 Crore In Two Startups

On March 14, 2026, Tamil Nadu Industrial Development Corporation (TIDCO) approved ₹25 crore investments each in Agnikul Cosmos and Raptee Energy under the TIDCO Startup Investment Policy 2025. The board said these are the first deployments under the policy, aimed at backing sunrise sectors including aerospace, EVs, semiconductors and advanced technologies. The move opens state-backed patient capital for high-growth Tamil Nadu startups.
Scoring Rationale
Official state investment signals tangible funding support; limited regional scope and modest novelty constrain broader industry impact.
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