MC²+ Ignite

Up to 50 lakh convertible funding plus up to 1.5 crore milestone-based funding for selected start-ups, supporting up to 30 high-potential early-stage start-ups across seven themes: AI-driven subsurface intelligence; next-gen drilling and well completion technologies; refinery process intensification and analysis; digital asset management; bioenergy with a focus on CBG; hydrogen and mobility; and other innovation in the energy sector. From start-up selection to pilot and procurement: mentoring support throughout the innovation journey, a pilot opportunity to test solutions in real operating environments, a pathway to procurement with an oil and gas PSU, and access to PSU, experts and ecosystem partners. Implementation partner: IIT Madras. Incubation partners: IIT Kanpur, Venture Center, C-CAMP and IIMA Ventures. Launching on 5 August 2026 — applications open, last date 31 August 2026.