Ongc Start Up Fund
New Delhi, Delhiongc.co.in
Overview
ONGC Start-Up is the corporate venture capital fund of Oil and Natural Gas Corporation (ONGC), India's largest oil and gas company. Launched in 2016 with a corpus of ₹101 crore, the fund invests in and nurtures new ideas and startups related to the energy sector. Its focus areas include oil and gas, robotics, data analytics, clean-tech, and alternative energy. The fund provides seed capital, mentorship, and market linkage to early-stage companies. It is registered with SEBI as a Category I Alternative Investment Fund.
Portfolio Companies
1
Website
ongc.co.inInvestments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Simulanis | Dec 2021 | Seed | Lead |
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.