Last mentioned: Mar 15, 2026
TIDCO Investment
Tamil Nadu government approves ₹25 crore equity investment in AgniKul and Raptee.
Board Approval
TIDCO board approves ₹50 crore total investment for AgniKul and Raptee.
Official Handover
Minister TRB Rajaa hands over approval letters to CEOs Srinath Ravichandran and Dinesh Arjun.
Policy Enactment
TIDCO Startup Investment Policy 2025 is officially adopted to fund sunrise sectors.
SOrTeD Mission Prep
AgniKul prepares for its first sub-orbital technological demonstrator launch.
Strategic Reimagining
Department of Industries begins restructuring TIDCO's role in the startup ecosystem.
Agnilet Engine Test
Successfully test-fires the world's first single-piece 3D-printed rocket engine.
AgniKul Founded
AgniKul Cosmos established at IIT Madras to develop small satellite launch vehicles.
The Tamil Nadu Industrial Development Corporation (TIDCO) has approved its inaugural investments under the Startup Investment Policy 2025, committing ₹25 crore each to AgniKul Cosmos and Raptee Energy. This move signals a strategic shift for the state agency as it rebrands itself as a 'venture catalyst' to anchor the state's future in deep-tech and advanced manufacturing.
The Tamil Nadu Industrial Development Corporation (TIDCO) has approved its inaugural investments under the 2025 Startup Investment Policy, committing ₹25 crore each to AgniKul Cosmos and Raptee Energy. This strategic move marks TIDCO's transformation into a 'venture catalyst' aimed at cementing the state's position as a global deep-tech and advanced manufacturing hub.
The Tamil Nadu Industrial Development Corporation (TIDCO) has committed ₹25 crore each to spacetech pioneer AgniKul Cosmos and EV manufacturer Raptee Energy. This strategic investment, finalized by Industries Minister TRB Rajaa, underscores the state's ambition to become a global hub for advanced manufacturing and deeptech innovation.
The Tamil Nadu Industrial Development Corporation (TIDCO) has committed Rs 25 crore each to Raptee Energy and AgniKul Cosmos, signaling a strategic push into high-growth sectors. Industries Minister TRB Rajaa formally handed over the approval letters, reinforcing the state's ambition to become a premier hub for electric mobility and aerospace innovation.
The Tamil Nadu Industrial Development Corporation (TIDCO) has committed ₹25 crore each to space-tech pioneer AgniKul Cosmos and EV startup Raptee Energy. This strategic capital injection, delivered by Industries Minister TRB Rajaa, reinforces the state's ambition to lead India's aerospace and advanced mobility sectors.