Tamil Nadu Industrial Development Corporation (TIDCO)

Company

Last mentioned: 1d ago

Stories mentioning Tamil Nadu Industrial Development Corporation (TIDCO) 2

Funding Rounds Bullish

Tamil Nadu Backs Agnikul Cosmos with ₹25 Crore Strategic Investment

The Tamil Nadu Industrial Development Corporation (TIDCO) has committed ₹25 crore to Agnikul Cosmos to bolster its aerospace manufacturing and launch capabilities. This investment, under the state's 2025 startup policy, supports the development of a 300-acre space campus and the advancement of the Agnibaan orbital launch vehicle.

3 sources
Funding Rounds Bullish

Tamil Nadu's TIDCO Pivots to Venture Catalyst with ₹50 Cr Deep-Tech Investment

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.

4 sources