Current Affairs - Business - Discussion

BPCL launched the 'Emerge' cohort under the Ankur Fund to support startups in the Energy Efficiency and City Gas Distribution (CGD) sectors. The initiative focuses on startups with Proof of Concept (PoC) or Minimum Viable Product (MVP) solutions in Oil & Gas, especially those utilizing AI-driven energy management, predictive maintenance, and heat recovery. Since 2016, BPCL Ankur has funded 30 startups with Rs. 28 crores, contributing to innovation and development in the energy sector. This reflects BPCL’s ongoing commitment to fostering advancements in energy efficiency and sustainability.