Tuesday, Mar 18 2025 | Time 19:14 Hrs(IST)
States » SouthPosted at: Mar 18 2025 2:22PM


BPCL launches 'Emerge' to support startups in CGD

Kochi, Mar 18 (UNI) Bharat Petroleum Corporation Limited (BPCL) has announced the launch of the 'Emerge' cohort under the BPCL Ankur Fund to support startups in Energy Efficiency and City Gas Distribution (CGD).
This reinforces BPCL’s contribution towards India's transition to a greener and more efficient energy future through its commitment to fostering sustainability and innovation in the oil and gas sector, a release said on Tuesday.
Since its inception in 2016, BPCL through its startup initiative ‘Ankur’ has supported 30 startups with grants amounting to approximately Rs 28 crore.
With the launch of the 'Emerge' cohort, BPCL through its ‘BPCL Ankur Fund’ aims to make investments in startups that have developed a Proof of Concept (PoC)/ prototype/ Minimum Viable Product (MVP), or fully implemented solution in the Oil & Gas sector or any other industry and are now ready to expand into Oil & Gas.
The applications for the Emerge cohort are open for startups across two key themes: Energy Efficiency and CGD. The Energy Efficiency theme focuses on innovative solutions that optimize energy consumption, enhance sustainability, and reduce greenhouse gas emissions within the oil and gas sector, including advancements such as AI-powered energy management, predictive maintenance of equipment, heat transfer optimization, waste heat recovery solutions, etc.
Under the City Gas Distribution theme, applications will focus on cutting-edge technologies that enhance customer experience, operational efficiency, safety, last-mile connectivity, and project execution.
It includes solutions like smart metering, pipeline monitoring & leak detection, predictive maintenance, AI-driven project execution tools, etc. These themes align with BPCL's commitment to fostering a sustainable and technology-driven energy ecosystem.
BPCL Ankur Fund invites applications from eligible early-stage startups working under the specified thematic categories. Selected startups can receive investments of up to Rs 5 crores through funding modes such as equity, Compulsory Convertible Preference Shares (CCPS), etc, with a maximum stake of 20percent.
UNI DS BD
Tags: #BPCL launches 'Emerge' to support startups in CGD
More News

Increase in BC quota to benefit poor Muslims: Amer Ali Khan

18 Mar 2025 | 6:46 PM

Hyderabad, Mar 18 (UNI) Congress MLC Amer Ali Khan on Tuesday strongly supported the Telangana Government’s Bill to raise Backward Classes (BC) reservations to 42 percent, calling it a historic step towards social justice.

see more..
BJP slams Cong on law and order in Karnataka Assembly

BJP slams Cong on law and order in Karnataka Assembly

18 Mar 2025 | 6:30 PM

Bengaluru, Mar 18 (UNI) The recent gang rape of an Israeli woman and an Indian homestay owner at the UNESCO heritage site Hampi has triggered a major political storm, with the Karnataka BJP launching a scathing attack on the Congress-led government over what it calls a complete breakdown of law and order in the state.

see more..

Check dam will be constructed to prevent flooding in South Pennar river : Min

18 Mar 2025 | 6:25 PM

Chennai, Mar 18 (UNI) A check dam will be constructed at Thenpennai river
(South Pennar River), which is the second longest river in Tamil Nadu, to
prevent flooding, Water Resources Minister Duraimurugan told the State
Assembly on Tuesday.

see more..

HCAH hosts roundtable to highlight the importance of early stroke rehabilitation in Hyderabad

18 Mar 2025 | 6:16 PM

Hyderabad, Mar 18 (UNI) With stroke cases rising alarmingly among young adults in Hyderabad, HCAH, the city’s first provider with a dedicated Physical Medicine and Rehabilitation (PMR) team on Tuesday, hosted a roundtable discussion to stress the importance of early rehabilitation in stroke recovery.

see more..
Congress govt fulfills decades-long demand for SC categorisation: Uttam

Congress govt fulfills decades-long demand for SC categorisation: Uttam

18 Mar 2025 | 6:02 PM

Hyderabad, Mar 18 (UNI) Telangana Irrigation and Civil Supplies Minister Capt N Uttam Kumar Reddy on Tuesday termed the passage of the SC (Rationalisation of Reservations) Bill 2025 in the State Assembly as a 'landmark' decision that fulfilled the decades-long demand.

see more..