Miscellaneous Current Affairs · 27 September 2026
Technology Development Board Signs ₹200 Crore RDI Funding Agreement with Agnikul Cosmos
Exam-focused facts from the 27 September 2026 current affairs briefing.
Key facts
- The Technology Development Board (TDB), under the Department of Science and Technology (DST), signed an agreement with space-tech startup Agnikul Cosmos for ₹200 crore financial support under the Research Development and Innovation (RDI) fund through optionally convertible debentures.
- Agnikul Cosmos was among the first cohort of startups to receive RDI funding.
- Agnikul raised about $17 million from venture capital in September 2025.
- The funding will support the Agnibaan RLV programme, aimed at developing a reusable launch architecture including propulsion, ascent systems, orbital insertion, descent and recovery.
- TDB Secretary Rajesh Kumar Pathak stated the RDI Fund supports indigenous technologies progressing from advanced technology stages towards deployment.