ONGC Startup Fund
New Delhi, Delhiongc.co.in
Overview
ONGC Startup Fund is the corporate venture capital arm of the Oil and Natural Gas Corporation, based in New Delhi, India. It was founded in 2016 with a corpus of ₹100 crore to foster, nurture, and incubate new ideas related to the energy sector. The fund invests in early-stage startups in sectors including oil & gas, energy, cleantech, and other related technology areas. The initiative is part of the Indian government's 'Start-up India' program and is managed by the parent company, ONGC.
Portfolio Companies
2
Website
ongc.co.inInvestments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Simulanis | Dec 2021 | Seed | Lead |
| Planys Technologies | Nov 2021 | Series A Extension | Co-investor |
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.