India, March 19 -- The Tamil Nadu Industrial Development Corporation (TIDCO) will invest Rs.25 Cr each in spacetech startup AgniKul and electric motorcycle manufacturer Raptee.

In a post on X, state industries minister TRB Rajaa said that the investments were made under the state government's Startup Investment Policy 2025. The approval letters were handed to the two companies on March 14. 

"TIDCO to invest Rs.25 Cr each in AgniKul Cosmos & Raptee Energy under Startup Policy 2025. Investments support deep-tech and advanced manufacturing startups, focusing on sunrise sectors and all growth stages," read a post on TIDCO's official X handle. 

Rajaa said that the investments, the first under the startup policy, will look to back ...