Call for
HP Udgam Cohort 2025 (Round-1)
Application Deadline:
15 August 2025
About Organisation
Hindustan Petroleum Corporation Limited (HPCL) is a leading oil and gas public sector undertaking under the Ministry of Petroleum and Natural Gas, Government of India. With a rich legacy of innovation and energy excellence, HPCL is actively engaged in refining, distribution, and marketing of petroleum products across India. Over the years, HPCL has expanded its focus towards sustainable practices, low-carbon alternatives, and technological innovation, aligning itself with the nation’s growing energy and environmental goals.
As part of its commitment to supporting India’s entrepreneurial ecosystem, HPCL launched HP Udgam, an initiative that promotes early-stage startups working on cutting-edge solutions in key sectors. Through strategic mentorship, technical support, and funding opportunities, HPCL aims to empower innovative minds and contribute to the Startup India mission. With the HP Udgam Cohort 2025, HPCL continues to foster collaboration between the corporate and startup worlds, nurturing transformative ideas and helping them scale efficiently in vital domains such as energy, sustainability, and digital innovation. HPCL’s endeavor through Udgam is not only to catalyze business growth but also to drive national progress by supporting startups that align with India’s sustainable development and technology goals.
About the Grant
HP Udgam Cohort 2025 (Round-1) is an initiative by Hindustan Petroleum Corporation Limited designed to support startups with innovative solutions in crucial sectors. Through this flagship startup support program, HPCL offers substantial financial backing—up to ₹2.5 crore per startup—via Compulsorily Convertible Preference Shares (CCPS). This round aims to identify, nurture, and scale early-stage ventures working at the intersection of energy innovation, digital transformation, and sustainability.
The grant prioritizes startups operating in diverse sectors such as Renewable Energy, Biofuels, E-Mobility, Energy Storage, Low Carbon Technologies (LNG, CGD), and other innovations aligned with the Oil & Gas industry. Additionally, startups in broader categories like Health-tech, Agri-tech, Fin-tech, Ed-tech, Space-tech, and Deep-tech are also encouraged to apply under the Digital Solutions segment.
HPCL’s Udgam program goes beyond funding, offering strategic mentorship, access to industry experts, and potential partnerships for pilot testing and commercialization. The goal is to accelerate the growth of startups that align with India’s low-carbon economy, sustainable development targets, and the evolving energy landscape. With this grant, HPCL envisions a future where startups play a central role in solving key challenges and driving innovation across sectors.
Who can Apply?
Startups seeking to apply for HP Udgam Cohort 2025 must meet the following eligibility requirements:
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DPIIT Recognition: Applicants must have a valid Startup Recognition Certificate issued by the Department for Promotion of Industry and Internal Trade (DPIIT), Government of India. This ensures the startup’s compliance with national standards of innovation and entrepreneurial status.
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Sector Relevance: The program is open to startups offering solutions in:
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Renewable Energy, Biofuels, E-Mobility, Energy Storage
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Low Carbon Alternatives (LNG, CGD)
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Sustainability and Green Technologies
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Digital Innovation in domains such as Health-tech, Deep-tech, Agri-tech, Fin-tech, Space-tech, and Ed-tech
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Innovations linked directly to Oil & Gas or energy value chains
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Stage and Scalability: Startups at early or growth stages with scalable solutions and a clear value proposition for industrial application are preferred. Ideas should have potential for piloting, commercialization, or integration into HPCL’s operations or ecosystem.
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Geographic Criteria: The opportunity is open to Indian startups registered and operating within the country.
Startups fulfilling these conditions and working on disruptive, impactful solutions are encouraged to apply early and take advantage of the comprehensive support offered by HPCL.
How to Apply?
Interested startups can apply for HP Udgam Cohort 2025 by submitting their application through the official process outlined by HPCL. Ensure you have a valid DPIIT recognition certificate and detailed project information ready. Early submission is encouraged to avoid last-minute technical issues. All applications will be reviewed for innovation, feasibility, scalability, and alignment with HPCL’s strategic interests before shortlisting.
Application Deadline
The last date to apply for HP Udgam Cohort 2025 (Round-1) is 15th August 2025. Startups should aim to submit their proposals well in advance of the deadline.
Last Date to Apply
Applications must be submitted by 11:59 PM on 15th August 2025. No extensions will be granted, so applicants are urged to complete submissions ahead of time.
Grant Amount
Each selected startup may receive funding support of up to ₹2.5 crore through CCPS. The financial assistance also includes mentoring and opportunities for pilot implementation with HPCL.
Last Date To Apply
For more information, please visit the grant website here.
