EPISODE · May 27, 2026 · 28 MIN
#886 India’s ₹1.5 Lakh Crore DARPA Moment For Deep Tech
from The Core Report · host The Core
India’s ₹1.5 Lakh Crore DARPA Moment For Deep Tech could reshape India’s R&D, startup funding and innovation economy. In this special episode of The Core Report, Govindraj Ethiraj speaks with Dr. Shivkumar Kalyanaraman, CEO of ANRF, on India’s biggest push yet to fund deep tech, research and development, and future technologies.Dr. Kalyanaraman explains how the Anusandhan National Research Foundation, the RDI scheme, TDB and BIRAC are backing companies and projects with patient capital, long term debt, convertibles and blended finance.CHAPTERS:(00:00) Introduction (02:00) India’s New Push to Fund Research and Deep Tech(02:30) How the First RDI Projects Were Selected(04:10) From 6G to Space Tech: What the Fund Is Backing(06:02) Ticket Sizes, Loans, and Convertible Funding(06:30) How ANRF Compares With DARPA(07:32) How ANRF Is Changing India’s Research Funding Model(08:26) Grants, Translation, and Private Sector Scale-Up(10:36) How ANRF Is Choosing Themes and Projects(12:15) Monitoring, Mentoring, and Measuring Research Outcomes(13:46) Lessons From His Experience in IBM and Microsoft(15:30) Where AI Fits Into India’s R&D Funding Push(16:50) Standout Areas: Space Tech, Health Tech, Drones, and AI(18:27) How Big and Small Companies Can Access RDI Funding(20:16) Strengthening Academic Research and Translation(21:54) What Patient Capital Really Means(23:50) Funding Energy Transition and Critical Raw Materials(25:24) The Scientific Problems India Should Solve Next(27:23) India’s Unfinished Agenda for Scientific ExcellenceRegister for our event on June 2ndCheck out our Live Earnings tracker: https://earnings.thecore.in/For more of our coverage check out thecore.inSubscribe to our NewsletterFollow us on:Twitter | Instagram | Linkedin | Youtube
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#886 India’s ₹1.5 Lakh Crore DARPA Moment For Deep Tech
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