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TIDCO to fund AgniKul Cosmos and Raptee Energy with ₹25 crore each

Startups
Published on 24 April 2026
TIDCO to fund AgniKul Cosmos and Raptee Energy with ₹25 crore each

Two deep-tech bets get matching ₹25 crore injections

Tamil Nadu Industrial Development Corporation (TIDCO) will invest ₹25 crore each in space-tech startup AgniKul Cosmos and electric mobility firm Raptee Energy. The move kicks off TIDCO’s Startup Investment Policy 2025, designed to deepen the state’s startup financing ecosystem. TIDCO is also rebranding itself as a venture catalyst to back future growth sectors.

  • TIDCO plans ₹25 crore investment in each of two startups
  • AgniKul Cosmos and Raptee Energy target space and electric mobility
  • Funding is part of TIDCO’s Startup Investment Policy 2025
  • TIDCO is rebranding to act as a venture catalyst
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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