Daybreak

India's RDI fund of Rs. 1 lakh crore was launched to give patient capital to deep-tech startups. 

A year later the cash, is barely flowing. Out of 162 alternate investment funds, only 2 government intermediaries have approved letters, and most of their startups are still waiting. Fund managers say that they've experienced radio silence after applications, allegations of conflict of interests, and return expectations that don't suit R&D focused companies. Meanwhile, overall startup funding is also down.

So, why did the fund meant to speed things up end up slowing everything down?

Tune in.

Daybreak is produced from the newsroom of The Ken, India’s first subscriber-only business news platform. Subscribe for more exclusive, deeply-reported, and analytical business stories.

Creators and Guests

RV
Host
Rachel Varghese

What is Daybreak?

Business news is complex and overwhelming. It doesn’t have to be. Every day of the week, from Monday to Friday, Daybreak tells one business story that’s significant, simple and powerful.

Hosted from The Ken’s newsroom by Snigdha Sharma and Rachel Varghese, Daybreak relies on years of original reporting and analysis by some of India’s most experienced and talented business journalists.