PE-VC Fund Investments
Raptee Energy, Agnikul Cosmos attract Rs.25-Cr from TN state govt agency fund
Chennai-based startups - space tech focused Agnikul Cosmos and electric mobility focused Raptee Energy - have attracted INR 25 crore each from Tamil Nadu Industrial Development Corporation (TIDCO) in return for a minority equity stake.The TIDCO Startup Investment Policy 2025 enables investments of up to INR 25 crore in eligible startups across various sunrise sectors. These sectors include electric vehicles, renewable energy, aerospace and defence, semiconductors, medical electronics, advanced technologies like artificial intelligence, blockchain, and quantum computing, as well as agro and food processing, technical textiles, and speciality chemicals.
Between Apr 2023 and Sep 2025, Raptee had attracted about USD 5 M from a99 VC, BlueHill Capital and others.Between Feb 2019 and Nov 2025, AgniKul Cosmos had attracted about USD 56 M from Artha India Ventures, HDFC Bank, Pratithi Investments and others
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