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Where Ideas Get Funded: ₹1 Lakh Crore Innovation Drive Sets Stage for Tech Revolutions

Updated: July 18, 2025 10:48

Image Source : Entrepreneur
India has unveiled a transformative financial platform to supercharge its deeptech ambitions: the ₹1 lakh crore Research and Development Innovation Fund (RDIF). Announced in July 2025, this initiative is designed to bridge the critical funding gap that often stalls breakthrough ideas between lab validation and market readiness.
 
Strategic Purpose:
  • Targets frontier sectors like AI, quantum computing, biotech, and advanced manufacturing
  • Aims to convert India’s intellectual capital into globally competitive products
Financial Architecture:
  • Offers longterm risk capital through professional fund managers
  • Mixes equity, venture debt, and concessional loans tailored to startups, corporates, and research institutions
  • Includes 50year anchor capital and flexible instruments to suit diverse innovation needs
Institutional Backing:
  • Housed within the Anusandhan National Research Foundation (ANRF)
  • Supported by coordinated efforts across IndiaAI, Semiconductor Mission, and ANRF grants
Ecosystem Impact:
  • Encourages private sector R&D investment and collaboration with academia
  • Promotes reverse brain drain by engaging global Indian talent
  • Expected to catalyze $50billion enterprises in strategic tech domains
Governance and Scale:
  • Managed by fundoffunds and domainspecific managers with proven track records
  • Designed to crowd in domestic and international capital for scalable innovation
This fund marks a pivotal shift in India’s innovation landscape, positioning the country as a creator—not just a consumer—of transformative technologies.
 
Sources: Financial Express, PMIndia.gov.in, Times Higher Education, Business Standard, FutureCIO, The Hindu BusinessLine

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