Industry Newsspace techelectric vehiclesstate investmentdeep tech
TIDCO Invests ₹25 Crore In Two Startups
6.1
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.
Key Points
- 1Invests ₹25 crore each in Agnikul Cosmos and Raptee Energy under the 2025 startup policy
- 2Positions TIDCO as a venture catalyst to back deep-tech, EV, aerospace and advanced-technology startups
- 3Enables Tamil Nadu startups to access patient capital and institutional credibility for global scaling
Scoring Rationale
Official state investment signals tangible funding support; limited regional scope and modest novelty constrain broader industry impact.
Sources
Public references used for this report.
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