RDI Fund Deploys Rs 7,131 Crore Across 19 Second-Level Fund Managers

Central government-backed Research, Development and Innovation (RDI) Fund approved 19 second-level fund managers to deploy Rs 7,131 crore in deeptech startups. Public capital is entering deeptech at scale—expect downstream funding velocity to accelerate for AI chips, climate tech, and biotech startups within two quarters.

Source: Inc42 ↗