MoPNG showcases startup-driven innovation at Startup Mahakumbh 2025

Petroleum Ministry has showcased a strong commitment to innovation and entrepreneurship at Startup Mahakumbh 2025, held from April 3-5 at Bharat Mandapam, New Delhi
MoPNG showcases startup-driven innovation at Startup Mahakumbh 2025
MoPNG showcases startup-driven innovation at Startup Mahakumbh 2025
Published on

New Delhi: The Ministry of Petroleum and Natural Gas (MoPNG) has showcased a strong commitment to innovation and entrepreneurship at Startup Mahakumbh 2025, held from April 3-5 at Bharat Mandapam, New Delhi. The event witnessed active participation from 32 startups backed by Oil and Gas PSUs, highlighting the sector's growing startup ecosystem.

PSU Watch is now on Whatsapp Channels. Click here to join

PSUs such as ONGC, IndianOil, Oil India, HPCL, BPCL, EIL, and GAIL presented the impact of their startup support initiatives. ONGC’s startup fund has grown 450 percent in valuation over five years, while IndianOil’s IndS_UP initiative has funded 42 startups, generating 86 IPs and over 600 jobs. Oil India’s support for deeptech ventures and other PSU-led programs like BPCL’s Ankur, HPCL’s HP Udgam, EIL’s EngSUI, and GAIL’s Pankh demonstrated strong sectoral backing for energy innovation.

The event featured thought leadership from 14 senior PSU executives, with ONGC’s Chairman attending the opening plenary. Sessions focused on research monetization, EV innovation, manufacturing integration, and last-mile mobility solutions. A key highlight was the incubation roundtable “From Lab to Market,” featuring executives from BPCL, ONGC, Oil India, and HPCL.

MoPNG showcases startup-driven innovation at Startup Mahakumbh 2025
Yashika Mehta (IFS) appointed as Deputy Secretary in Petroleum Ministry

Startup Mahakumbh 2025, themed ‘Startup India @ 2047: Unfolding the Bharat Story,’ brought together over 3,000 startups and 1,000 investors. Building on the success of India Energy Week 2025 and initiatives like the Avinya and Vasudha challenges, MoPNG continues to drive a technology-driven and sustainable energy future through robust startup engagement.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

logo
PSU Watch
psuwatch.com