InvestorFounders Fund is a venture capital firm based in the United States, founded in 2005. It invests in technology companies across various sectors and stages.
iDEX - DIO
iDEX-DIO is a not-for-profit organization under the Ministry of Defence, Government of India, established to foster innovation in the defence and aerospace sectors. It connects startups and MSMEs with the Indian Armed Forces, providing grants for technology development.
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Overview
The Defence Innovation Organisation (DIO) operates under the Ministry of Defence, Government of India, and was established to engage various stakeholders, including startups, MSMEs, and R&D institutions, in developing innovative solutions for the defence sector. Launched in 2018, the iDEX framework promotes the co-creation of technologies that enhance India's military capabilities and supports the 'Make in India' initiative. DIO provides grants and support for research and development projects that address specific operational challenges faced by the Indian Armed Forces, thereby fostering a self-reliant defence industrial base.
Focus
DIO's primary focus is to promote innovation in Indian defence through the iDEX framework. It supports startups and MSMEs in developing technologies that can be adopted by the Armed Forces and other agencies, thereby nurturing future defence enterprises and enhancing India's self-reliance in defence technology.
Support
DIO provides non-dilutive grants to selected startups and innovators, enabling them to develop solutions to specific technology challenges set by the armed services. This support includes funding for prototype development and pathways for procurement by the Indian defence sector.
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