Govt Selects 19 Fund Managers Under RDI, Committing Rs 7,131 Crore
The managers will channel RDIF capital into technology ventures and are expected to raise matching private funding, officials said.
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10 Articles
IITs, IISc, BITS Pilani among 19 fund managers under Rs 1 lakh crore RDI scheme
The government has approved 19 second-level fund managers, including five focused research organisations, under the ₹1 lakh crore RDI scheme. The first cohort carries a ₹7,131 crore commitment to back technology enterprises and draw matching private capital.
Chiratae, Kalaari, Blume among 19 fund managers named in RDI Fund’s first cohort
The first cohort comprises 14 alternative investment funds and five research organisations, which will channel capital to deeptech companies and research projects under the Rs 1 lakh crore scheme.
Govt selects 19 fund managers under RDI, committing Rs 7,131 crore
The government's Research, Development and Innovation Fund (RDIF) has approved its first cohort of 19 second-level fund managers with a total commitment of Rs 7,131 crore, marking a key step towards mobilising private investment in research and development and emerging technologies.
RDIF approves 19 fund managers with Rs 7,131 crore commitment to boost India's R&D ecosystem
The government's Research, Development and Innovation Fund (RDIF) has approved its first cohort of 19 second-level fund managers with a total commitment of Rs 7,131 crore, marking a key step towards mobilising private investment in research and development and emerging technologies.
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