India’s BPCL launches 'Emerge' to fund energy & CGD startups
BPCL has launched the 'Emerge' cohort under its Ankur Fund to support startups in Energy Efficiency and City Gas Distribution. Since 2016, BPCL has backed 30 startups with ₹28 crore (~$3.25 million). The fund offers up to ₹5 crore (~$580,000) per startup for innovative solutions in energy optimisation, CGD, and AI-driven tech, fostering sustainability in the oil and gas sector.
