Maharatna ONGC is the largest producer of crude oil and natural gas in India, contributing around 70 percent of Indian domestic production.
ONGC is India’s Top Energy Company and ranks 20th among global energy majors (Platts). ONGC ranks 14th in ‘Oil and Gas operations’ and 220th overall in Forbes Global 2000. Acclaimed for its Corporate Governance practices, Transparency International has ranked ONGC 26th among the biggest publicly traded global giants.
It is one of the most valued public enterprises in India, and one of the highest profit-making and dividend-paying. ONGC has a unique distinction of being a company with in-house service capabilities in all areas of Exploration and Production of oil & gas and related oil-field services.
About ONGC Start-Up Fund
ONGC has launched a Rs 100 crore Start-up fund on its Diamond Jubilee year to foster, nurture and incubate new ideas related to oil and gas sector. The initiative, christened as ‘ONGC Start-up’, is in line with the Govt. of India’s initiative ‘Start-up India’.
As part of this initiative, ONGC will provide the entire support chain for start-ups including seed capital, hand-holding, mentoring, market linkage and follow-ups. The aim of ‘ONGC Start-up’ is to increase the contribution of fresh implementable ideas in the oil and gas sector. This website is dedicated to take this initiative forward.
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Shashi Shanker, CMD
"This promotional initiative of ONGC for startups in energy sector is expected to enhance solutions in energy technology, integrating the Make in India and Digital India campaigns."