{"id":2466,"date":"2025-03-18T06:25:24","date_gmt":"2025-03-18T06:25:24","guid":{"rendered":"https:\/\/funding.venturecenter.co.in\/news\/?p=2466"},"modified":"2025-03-18T06:25:24","modified_gmt":"2025-03-18T06:25:24","slug":"bpcl-ankur-fund-is-inviting-application-for-its-emerge-cohort","status":"publish","type":"post","link":"https:\/\/funding.venturecenter.co.in\/news\/bpcl-ankur-fund-is-inviting-application-for-its-emerge-cohort\/","title":{"rendered":"BPCL Ankur Fund is inviting application for its Emerge cohort"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"341\" src=\"https:\/\/funding.venturecenter.co.in\/news\/wp-content\/uploads\/2025\/03\/image-1-1024x341.png\" alt=\"\" class=\"wp-image-2468\" srcset=\"https:\/\/funding.venturecenter.co.in\/news\/wp-content\/uploads\/2025\/03\/image-1-1024x341.png 1024w, https:\/\/funding.venturecenter.co.in\/news\/wp-content\/uploads\/2025\/03\/image-1-300x100.png 300w, https:\/\/funding.venturecenter.co.in\/news\/wp-content\/uploads\/2025\/03\/image-1-768x256.png 768w, https:\/\/funding.venturecenter.co.in\/news\/wp-content\/uploads\/2025\/03\/image-1-1536x512.png 1536w, https:\/\/funding.venturecenter.co.in\/news\/wp-content\/uploads\/2025\/03\/image-1-2048x683.png 2048w, https:\/\/funding.venturecenter.co.in\/news\/wp-content\/uploads\/2025\/03\/image-1-982x327.png 982w, https:\/\/funding.venturecenter.co.in\/news\/wp-content\/uploads\/2025\/03\/image-1-400x133.png 400w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Introduction<\/h2>\n\n\n\n<p>Bharat Petroleum, a Fortune Global 500 Company, is engaged in refining of crude oil and marketing of petroleum products, with a significant presence in the upstream and downstream sectors of the oil and gas industry.<\/p>\n\n\n\n<p>As BPCL celebrates its&nbsp;<strong>golden jubilee year<\/strong>, we are&nbsp;<strong>shaping the future of energy<\/strong>&nbsp;through technology, innovation, and sustainability. Our five-year strategic framework,&nbsp;<strong>Project Aspire<\/strong>, is built on&nbsp;<strong>eight pivotal pillars<\/strong>, categorized under two key themes:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Nurturing the Core<\/strong>\u00a0\u2013 Strengthening our\u00a0<strong>Refining, Marketing and Upstream<\/strong>\u00a0businesses<\/li>\n\n\n\n<li><strong>Future Big Bets<\/strong>\u00a0into\u00a0<strong>Gas, Non-fuel Retailing, Petrochemicals, Green Energy Businesses and Digital Ventures<\/strong><\/li>\n<\/ul>\n\n\n\n<p>In alignment with our commitment to achieve net-zero carbon emissions by 2040, encompassing both Scope 1 and Scope 2 emissions, BPCL is strategically charting a roadmap towards a sustainable and green energy transition. This forward-looking plan leverages cutting-edge technology and innovation, with a primary focus on&nbsp;<strong>reducing our carbon footprint<\/strong>&nbsp;and embracing the evolving landscape of energy to become an&nbsp;<strong>integrated energy company<\/strong>.&nbsp;<\/p>\n\n\n\n<p>BPCL, through its startup initiative \u201c<strong>Ankur<\/strong>,\u201d has been cultivating a supportive ecosystem that fosters entrepreneurship in the country, nurturing innovative ideas to fruition as vibrant startups, and generating a multiplier effect across the ecosystem. Since 2016, BPCL has supported 30 startups with grant funding of ~\u20b9 28 crores. As part of this journey, BPCL has recently launched the \u201c<strong>BPCL Ankur Fund<\/strong>\u201d to make equity investments in startups.<\/p>\n\n\n\n<p>The fund is now inviting applications from startups working on the themes below that have developed a Proof of Concept (PoC)<strong>,<\/strong>&nbsp;prototype, Minimum Viable Product (MVP), or a fully implemented solution in the Oil &amp; Gas sector or any other industry and are now ready to expand into Oil &amp; Gas. Startups opting for customization should factor in the necessary adaptation effort in their funding requirements.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Indicative Timelines<\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td>Stages<\/td><td>Month<\/td><\/tr><tr><td>Pitching of shortlisted startups<\/td><td>May&#8217;25<\/td><\/tr><tr><td>Due diligence of selected startups<\/td><td>June&#8217;25<\/td><\/tr><tr><td>Final Investment Decision<\/td><td>July&#8217;25<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Application Deadline<\/h2>\n\n\n\n<p><strong>Application submission deadline \u2013 April 10, 2025<\/strong><\/p>\n\n\n\n<p>For more info: <a href=\"https:\/\/startup.bpcl.in\/cohorts\/emerge\">https:\/\/startup.bpcl.in\/cohorts\/emerge<\/a><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Introduction Bharat Petroleum, a Fortune Global 500 Company, is engaged in refining of crude oil and marketing of petroleum products, with a significant presence in the upstream and downstream sectors of the oil and gas industry. As BPCL celebrates its&nbsp;golden jubilee year, we are&nbsp;shaping the future of energy&nbsp;through technology, innovation, and sustainability. Our five-year strategic&hellip; <a href=\"https:\/\/funding.venturecenter.co.in\/news\/bpcl-ankur-fund-is-inviting-application-for-its-emerge-cohort\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">BPCL Ankur Fund is inviting application for its Emerge cohort<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2466","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/funding.venturecenter.co.in\/news\/wp-json\/wp\/v2\/posts\/2466","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/funding.venturecenter.co.in\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/funding.venturecenter.co.in\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/funding.venturecenter.co.in\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/funding.venturecenter.co.in\/news\/wp-json\/wp\/v2\/comments?post=2466"}],"version-history":[{"count":1,"href":"https:\/\/funding.venturecenter.co.in\/news\/wp-json\/wp\/v2\/posts\/2466\/revisions"}],"predecessor-version":[{"id":2469,"href":"https:\/\/funding.venturecenter.co.in\/news\/wp-json\/wp\/v2\/posts\/2466\/revisions\/2469"}],"wp:attachment":[{"href":"https:\/\/funding.venturecenter.co.in\/news\/wp-json\/wp\/v2\/media?parent=2466"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/funding.venturecenter.co.in\/news\/wp-json\/wp\/v2\/categories?post=2466"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/funding.venturecenter.co.in\/news\/wp-json\/wp\/v2\/tags?post=2466"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}