Information

ONGC Start-up Fund is a flagship initiative of the Government of India, aimed at fostering an ecosystem for nurturing startups in India. The initiative is designed to provide necessary resources and support to early-stage ventures, helping them scale their businesses and bring innovative solutions to the market. Entrepreneurs benefit from financial support, mentorship, industry connections, and access to ONGC's vast network. This fund specifically targets startups in their early stages and seed phases, ensuring they receive the foundational support required for growth.

How to Apply

To apply for the ONGC Start-up Fund, interested entrepreneurs should visit the official website (https://startup.ongc.co.in/wps/wcm/connect/ongcstartup/home/) and follow the application process outlined there. The process typically involves submitting a detailed business plan, describing the innovation, market potential, and how the startup aligns with ONGC's focus areas. Applicants may also need to undergo a thorough evaluation process, including interviews and presentations.

Total number of startups invested: 3

Average Funding: Not explicitly mentioned, varies based on the startup's requirements and potential.

Industry: The fund is sector-agnostic but generally focuses on innovations that can positively impact the energy sector, technology, and other areas relevant to ONGC's operations.

Market: India