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Research, Development & Innovation (RDI) Scheme

Ministry: Ministry Of Science And Technology

The Research, Development & Innovation (RDI) Scheme provides funding and support to help organizations create and improve new technologies or ideas so they can boost innovation, economic growth, and global competitiveness.

Last verified7 days ago
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Source: myScheme.gov.in ↗Last verified: 28 Sept 2026·YojnaGuru is not affiliated with or endorsed by any government body

About This Scheme

Research, Development & Innovation (RDI) Scheme is a flagship initiative of the Department of Science and Technology (DST), Ministry of Science and Technology, Government of India. OBJECTIVES • DST has launched the Research, Development, and Innovation (RDI) Scheme, approved by the Cabinet on 1st July 2025, with a total outlay of ₹1 lakh crore. • The initiative aims to catalyze private sector participation in high-impact R&D and strengthen India’s capabilities in strategic technologies and promote technological self-reliance, aligning with the nation’s long-term innovation and Atmanirbhar Bharat vision.

Benefits

  • Loan – Debt funding (via loan or optionally convertible debt) from the SLFM, calculated as 50% of the project cost.
  • Equity – Funding via equity or equity linked instruments from the SLFM, calculated as 50% of the value of each funding round.

Eligibility

Note: You may be eligible based on the information shown. Please verify the official eligibility requirements before applying.
  • •

    The RDI Fund is provided to Second Level Fund Managers (SLFM) which include Alternative Investment Funds (AIFs), Development Finance Institutions (DFIs), Non-Banking Financial Companies (NBFCs), and Focused Research Organisations (FROs).

  • •

    The SLFM then provides funds to private companies including DPIIT recognised startups advancing RDI-intensive technologies.

Required Documents

  • ✦
    Conflict of Interest Declaration
  • ✦
    Track Record of Investments/Fund Performance
  • ✦
    Details of Key Management Team
  • ✦
    PAN Card of the Applicant Entity
  • ✦
    Certificate of Incorporation/Registration
  • ✦
    SEBI Registration Certificate (for AIFs, where applicable)
  • ✦
    Trust Deed/LLP Agreement/Memorandum & Articles of Association (as applicable)
  • ✦
    Audited Financial Statements
  • ✦
    Investment Thesis/Investment Strategy Document
  • ✦
    Undertaking by the Authorized Signatory

✦ Required ◦ Optional

How to Apply

OOnline

Step 1: Visit the RDIF portal, register using your email ID and mobile number, verify your account, and log in.

Step 2: Go to the Application section and open the draft application created by the system. Select the Preferred Mode of Participation and the applicable Category (AIF/FoF).

Step 3: Fill in all the required details, including organization information, fund details, key personnel, investment strategy, and other mandatory fields.

Step 4: Upload all the required supporting documents in the prescribed format, ensuring that each document meets the portal requirements.

Step 5: Review the application, verify the information entered, validate all mandatory fields, and submit the application online.

Step 6: Note the application reference number and log in to the portal to track the application status and respond to any requests for clarification or additional documents.

User Manual

Quick Info

Level
Central Government

Categories

Banking,Financial Services and InsuranceScience, IT & Communications

Data Sources