HP Udgam Cohort 2025 Round-II

Hindustan Petroleum Corporation Limited (HPCL)

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Details

Amount

Upto: ₹2.5 crore

Deadline

February 15, 2026

Provider

Hindustan Petroleum Corporation Limited (HPCL)

Type

funding

About this Opportunity

HP Udgam Cohort 2025 – Round II is part of Hindustan Petroleum Corporation Limited’s flagship Startup Support Initiative aimed at fostering innovation and collaboration with early-stage startups.

The program focuses on startups that demonstrate strong synergy with the Oil & Gas industry and emerging areas of energy transition and digital innovation. HPCL supports startups working on renewable energy, biofuels, e-mobility, energy storage, LNG, CGD, CBG, sustainability, and digital solutions relevant to the oil and gas value chain.

Selected startups can receive equity funding support of up to ₹2.5 crore, following a robust multi-stage evaluation process that includes presentations before two high-level HPCL committees. The initiative is designed to help startups scale their solutions while enabling HPCL to adopt cutting-edge innovations.

Eligibility

  • Early-stage startups with solutions aligned to Oil & Gas, Energy Transition, or Digital Innovation
  • Startups working in renewables, biofuel, e-mobility, energy storage, LNG, CGD, CBG, or sustainability
  • Startups offering digital solutions and innovations relevant to HPCL’s business domains
  • Applicants must be willing to undergo HPCL’s evaluation and selection process

Application Process

  • Startups must submit applications through the HPCL Startup Portal
  • Applications undergo preliminary screening by HPCL
  • Shortlisted startups present before two high-level evaluation committees
  • Final selection is based on innovation, strategic fit, scalability, and impact
  • Selected startups receive equity funding support under the HP Udgam initiative