India’s RDI Scheme Funds Five Deep Tech Startups
India has released the first funds under its Rs 1 lakh crore RDI Scheme, backing five deep tech startups working across space, robotics, batteries, drones, and advanced healthcare. The funding round took place on May 15, 2026.
Details
The five startups received undisclosed amounts from the RDI Scheme, which is led by the Indian government. The startups are focused on developing cutting-edge technologies in their respective fields.
Company Background
The five startups are based in India and were selected for their potential to drive innovation in their respective sectors. They are working on developing advanced technologies in space, robotics, batteries, drones, and healthcare.
Market Context
This funding round highlights the Indian government’s commitment to supporting deep tech startups and fostering innovation in the country. It also underscores the growing importance of these sectors in the global market, as companies race to develop new technologies and solutions.
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Source: YourStory