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TIDCO TO INVEST IN RAPTEE ENERGY

The Business Guardian

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March 15, 2026

The board of the Tamil Nadu Industrial Development Corporation (TIDCO) has approved an investment of Rs 25 crore each in space tech startup AgniKul Cosmos and electric mobility startup Raptee Energy under the TIDCO Startup Investment Policy 2025.

According to a press release by TIDCO, "These investments mark the first deployments under the policy and signal the Government of Tamil Nadu's decision to directly support high-potential startups emerging from the state's deep-tech and advanced manufacturing ecosystem." Under the visionary leadership of Chief Minister of Tamil Nadu MK Stali

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