Current Status

CDC was set up to fulfill the growing need in India for a development fund that could cater to the needs of innovation focused start-ups and relatively new companies in the development space that have the ability to create high social impact right from the conception stage to capital market access. It is expected that a well-funded and focused innovation led development sector would help the country meet its national priorities of inclusive growth, affordable and timely healthcare, rapid increase in literacy and skill development, and use of technology in line with the Digital India dream.

Headquartered in Delhi, CDC looks at participation in tangible projects in the development domain with a startup cost of up to Rs 10 crores.