India has begun disbursing funds under its Rs 1 lakh crore Research Development and Innovation (RDI) Scheme, sending cheques to the first cohort of five deep tech startups. Technology Development Board (TDB) released an initial tranche through long-term, low-interest loans and possible equity. The companies span space, drones, robotics, battery tech, and advanced healthcare, with the first approvals following a surge of proposal demand within months.
Swipe through stories, personalise your feed, and save articles for later — all on the app.
