- More Info
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- Organization
- Ministry of Petroleum & Natural Gas, implementation by IIT Madras
- Fund type
- Preference | Debentures
- Source
- Government
- Status
- Active
- Focus area
- Cleantech, energy, environment, waste, sanitation | Automation, mobility | Hardware, software, IOT, data, AI, ML
- Target
- Private Limited Company
- Fund range
- Rs. 25 lakhs- Rs. 50 lakhs
- Fund stages
- D. Technology Scale-up/ Validation / De-risking | E. Market Entry
India's first energy innovation platform, led by the Ministry of Petroleum & Natural Gas, implemented with IIT Madras. The program has 7 Themes: AI Subsurface Intelligence • Drilling & Well Completion • Hydrogen & Mobility • Bioenergy (CBG) • Refinery Process Intensification • Digital Asset Management • Open Innovation
Who can apply: Any registered startup with a working prototype or early pilot.
Selected 30 startups will get:
💰 ₹50 lakh convertible funding each — no priced round, no equity dilution upfront
🏆 Up to ₹1.5 cr additional at Demo Day
🔬 Labs & pilot sites at IIT Madras, IIT Kanpur, IIT Kharagpur, C-CAMP, Venture Center Pune and R&D centers of India’s energy majors.
🤝 Direct procurement pathways into ONGC, IOCL, HPCL, BPCL, GAIL, Oil India, Petronet LNG, EIL
🎯 Mentoring from premier institutes + industry experts