BPCL
Corporate

BPCL

Bharat Petroleum Corporation Limited

Bharat Petroleum Corporation Limited

Mumbai, Maharashtra, India

Bharat Petroleum's Project Ankur startup program providing grant and equity funding up to Rs 1.5 crore for energy sector innovations.

2Programs

BPCL at a glance

Full nameBharat Petroleum Corporation Limited
Part ofBharat Petroleum Corporation Limited
AddressMumbai, Maharashtra, India
Official websitestartup.bpcl.in

Programs by BPCL

1 past program · Filter all programs

Past programs
Up to ₹5Cr

Programs BPCL supports

Programs this organisation partners on, run by others. · 1 past program

Past programs
Up to ₹7.5Cr

News

  • BPCL Invites Deep-Tech Startups to Join MC² Plus Ignite; Funding Up to ₹2 Crorepsuconnect.in · 2 weeks ago
  • BPCL, MC2 Foundation Launch MC2+ IGNITE at IIT Madras to Support Energy Innovatorsindianmasterminds.com · 2 weeks ago
  • BPCL Launches MC2+ IGNITE at IIT Madras | Energy Startup Platformpsuconnect.in · 2 weeks ago

Source: Google News aggregated

About BPCL

Bharat Petroleum Corporation Limited (BPCL), headquartered in Mumbai, runs Project Ankur to promote promising startups in the energy sector. Launched in 2016 with a corpus of Rs 25 crore as part of the Startup India initiative, the program supports innovative technology and business process re-engineering ideas with significant business potential, social relevance, and environmental focus.

BPCL supports selected startups through validated Proof of Concept via funding up to Rs 1.5 crore and intellectual mentoring, with acceleration and commercialization support post-PoC. Phase 2 of Project Ankur evolved from a pure grant model to a grant-plus-equity funding approach. BPCL has supported 30+ startups with Rs 28+ crore in total grant funding and recently launched the ELEVATE cohort for innovations in energy efficiency and city gas distribution.

Who Benefits

Energy sector startups working on innovation in fuels, lubricants, LPG, petrochemicals, city gas distribution, and energy efficiency. Early-stage ventures with promising technologies seeking PoC validation, grant funding up to Rs 1.5 crore, and a structured pathway to commercialization with one of India's largest oil and gas PSUs.

Who they work with

Stage

Sectors

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Frequently asked questions about BPCL

What is the full form of BPCL?

BPCL stands for Bharat Petroleum Corporation Limited.

What does BPCL do?

Bharat Petroleum Corporation Limited (BPCL), headquartered in Mumbai, runs Project Ankur to promote promising startups in the energy sector.

Where is BPCL located?

BPCL is based in Mumbai, Maharashtra, India.

What sectors does BPCL support?

BPCL works with startups in Energy, CleanTech and Manufacturing.

What stage of startup does BPCL support?

BPCL supports startups at the Ideation, Validation and Early Revenue stages.