Venture Center

Research, Development and Innovation Fund (RDIF)- First Cohort of Second-Level Fund Managers Approved for RDIF Funding

The selected organizations include 14 Alternative Investment Funds (AIFs) and 5 Focused Research Organisations (FROs).

The 19 institutions approved under the first cohort will play a pivotal role in channelling RDIF capital to Eligible Technology Enterprises (ETEs) undertaking research, development and innovation activities at Technology Readiness Level (TRL) 4 and above. These SLFMs are expected to mobilise private capital equivalent to the RDIF contribution. For details, check https://rdifund.anrf.gov.in/