Announcements & other updates
Government provides ₹86 crore to accelerate AI-driven drug discovery
The Technology Development Board (TDB) of the Department of Science & Technology announced on 12 October 2026 that it has signed an agreement to provide ₹86 crore in financial support to Peptris Technologies Private Limited. This funding, provided as Optionally Convertible Debt under the Research Development and Innovation (RDI) Fund, supports the VIGOR programme which has a total cost of ₹172 crore.
Source details
- Issued by
- Technology Development Board (TDB), Department of Science & Technology (DST), Government of India
- Published on
- Press Information Bureau, pib.gov.in (Press releases)
- File hosted on
- www.pib.gov.in, the government's file server for pib.gov.in
- Dated
- 12 October 2026
- The link opens
- The original press release on the government website, in a new tab, unchanged.
- Our check
- Drafted from the release text and checked by software. Not yet reviewed by a person.