- More Info
- tdb.gov.in
- Organization
- Technology Development Board (TDB) (RDIF)
- Fund type
- Equity | Debt | Preference | Debentures
- Source
- Government
- Status
- Active
- Focus area
- Biotech, Medtech, Health & rehabilitation | Agriculture, food and nutrition | Cleantech, energy, environment, waste, sanitation | Automation, mobility | Hardware, software, IOT, data, AI, ML | Industrial Products | Material Tech, textiles | Other sectors
- Target
- Private Limited Company | Limited Liability Partnership
- Fund range
- Fund stages
- A. Technology Development | D. Technology Scale-up/ Validation / De-risking | E. Market Entry | F. Expansion
The fund is for eligible technology entities engaged in developing RDI-intensive technology at Technology Readiness Level 4 and above.
Purpose
The RDIF is designed to accelerate investment in India's R&D and Innovation ecosystem. It is meant to support private sector enterprises, startups, and industries working in sunrise and strategic sectors to transform ideas into globally competitive technologies and products.
The scheme shall provide financing up to 50% of the total assessed project cost. The remaining cost must be met by the project proponent through self-financing or commercial sources. In exceptional cases or strategic sectors, this limit may be relaxed with the approval of the EGoS.