PARLIAMENT QUESTION: FUNDING BY TDB UNDER RDI SCHEME

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Press Information Bureau
Government of India
Ministry of Science & Technology
30 JUL 2026 4:29PM by PIB Delhi

(The names, designations and organisations represented by the members of the Investment Committee of the Technology Development Board (TDB) under the Research, Development and Innovation (RDI) Scheme are given below:

S. No.	Name, Designation and Organisation	Remarks
1.	Dr. Saurabh Srivastava Former Chairman, NASSCOM & IVCA and Co-founder, Indian Angel Network	Chairperson
2.	Sh. K. R. S. Jamwal Executive Director Tata Industries Ltd.	Member
3.	Dr. Lalithesh Katragadda Founder Indihood Swarja Lab & Co-founder Avanti Finance	Member
4.	Dr. Sudhir Mehta Founder & Chairman, Pinnacle Industries & EKA Mobility	Member
5.	Sh. Sanjay Nayak Former CEO & Co-founder, Tejas Networks Ltd.	Member
6.	Dr. Anand Deshpande Chairman, Persistent System	Member
7.	Sh. Gopal Srinivasan Chairman & Managing Director, TVS Capitals Fund	Member
8.	Dr. Debashish Bhattacharjee Former Vice President (Technology and R&D), Tata Steel, Managing Partner, Lionstead Ventures & TDB Board Member	Member
9.	Ms. Bala C Deshpande Founder Partner of MegaDelta Capital	Member
10.	Sh. Jaswinder Ahuja Former Corporate VP & India MD, Cadence Design Systems, Inc.	Member
11.	Sh. Sudhir Sethi Chairman, Chiratae Ventures	Member
12.	Secretary, Technology Development Board (Ex-Officio Member Secretary of IC without voting right)	Member-Secretary

The names of such companies are given below:

No. of Project	Name of IC member	Name of ETE
8	Dr. Saurabh Srivastava	Noccarc Robotics Pvt. Ltd., Pune
		EndureAir Systems Pvt. Ltd., Noida
		e-TRNL Energy Pvt. Ltd., Maharashtra
		Dhruva Space Pvt. Ltd., Hyderabad
		BigEndian Semiconductors Pvt Ltd., Bangalore
		Astrome Technologies Pvt. Ltd., Bangalore
		Peptris Technologies Pvt. Ltd., Bangalore
		Serigen Mediproducts Pvt. Ltd., Maharashtra
7	Sh. K.R.S. Jamwal	Noccarc Robotics Pvt. Ltd., Pune
		EndureAir Systems Pvt. Ltd., Noida
		Tejas Networks Limited, Bengaluru
		BigEndian Semiconductors Pvt. Ltd., Bangalore
		Peptris Technologies Pvt. Ltd., Bangalore
		ThinkMetal Pvt. Ltd., Chennai
		Manastu Space Technologies Pvt Ltd, Thane
2	Sh. Sanjay Nayak	Ather Energy Limited, Bengaluru
2	Sh. Sanjay Nayak	Tejas Networks Limited, Bengaluru
1	Dr. Anand Deshpande	Serigen Mediproducts Pvt. Ltd., Maharashtra
1	Sh. Gopal Srinivasan	Agnikul Cosmos Pvt. Ltd., Chennai
1	Dr. Debashish Bhattacharjee	Neo Seekermetals Pvt. Ltd., Hyderabad
1	Dr. Sudhir Mehta	Replus Engitech Pvt. Ltd.

The Technology Development Board (TDB) has a conflict-of-interest policy for members of the Investment Committee.

This information was given by Union Minister of State (Independent Charge) for Science & Technology; Earth Sciences and Minister of State in the Prime Minister's Office, Personnel, Public Grievances and Pensions, Atomic Energy and Space, Dr. Jitendra Singh, in a written reply in the Rajya Sabha today.

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