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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.

Summary by Times of India
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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Pragativadi: Leading Odia Dailly broke the news on Monday, October 12, 2026.
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