TIDCO
19A, Rukmini Lakshmipathy Road, Chennai, Tamil Nadu, 600008, India
Overview
Tamilnadu Industrial Development Corporation Limited (TIDCO) is a governmental agency that serves as an industrial development agency. Established in 1965, TIDCO's primary role is to facilitate and undertake joint ventures in the industrial sector. It also serves as the Nodal Agency for the development of the Chennai Bengaluru Industrial Corridor. In collaboration with various partners, TIDCO has been instrumental in the development of several industrial projects.
- Total investments
- 2
- Lead investments
- 2
- Investments · 12mo
- 2
- Active investors
- 1
Sector focus
- Employment
- Government
- Industrial
Investment portfolio
- Raptee.HV
Led · Equity · Mar 2026
Founded in 2019, Raptee.HV develops high-performance electric motorcycles with an emphasis on in-house research and engineering. The company has integrated the CCS2 car-charging standard into its two-wheelers to improve compatibility with existing EV charging infrastructure. Raptee.HV has spent several years building its technological capabilities and distinguishing itself in electric mobility. With the new ₹25 crore investment from TIDCO, the company is preparing to scale production and expand its market presence. Leadership framed the funding as a milestone that provides credibility for competing in international markets. The articles do not provide revenue, user, or other financial metrics.
- Agnikul
Led · Equity · Mar 2026
AgniKul Cosmos is a space-tech startup led by CEO and co-founder Srinath Ravichandran. The company was publicly highlighted when it secured a ₹25 crore equity investment from TIDCO under the TIDCO Startup Investment Policy 2025. The investment is presented as part of Tamil Nadu’s initiative to support deep-tech and advanced manufacturing startups through a newly structured venture investment framework. AgniKul’s leadership has engaged directly with state officials, and the company framed the funding as an endorsement of Tamil Nadu’s intent to build a technology hub. Beyond the equity commitment, the article does not disclose additional financial metrics, specific products, or revenue figures.
Team
Dr. TRB Rajaa
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