HP Udgam Cohort 2025 (Round-1) by HPCL — Frequently Asked Questions
Answers to the questions founders most often ask about HP Udgam Cohort 2025 (Round-1) by HPCL — who qualifies, the funding amount, required documents and how the application works.
Frequently asked questions
How much funding does HP Udgam offer?
The program offers up to ₹2.5Cr per startup, provided through Compulsorily Convertible Preference Shares (CCPS).
What is the deadline?
Applications for Round 1 close on August 15, 2025.
Who is eligible to apply?
Any early-stage startup that holds a valid DPIIT recognition certificate and works in energy, low-carbon solutions, sustainability, digital solutions, or oil & gas-related innovation can apply.
Is this a grant or equity investment?
This is an equity investment via CCPS – not a grant. HPCL receives a stake in your startup that converts to equity shares at a future date.
Do I need DPIIT registration?
Yes, a valid DPIIT recognition certificate is mandatory.
Is MSME registration required?
The program does not list MSME registration as a requirement.
What sectors are covered?
Eligible sectors include energy, low carbon solutions, sustainability, digital solutions, and innovation related to the oil and gas business.
How do I apply?
Applications are submitted via a Google Form linked on the program directory: https://docs.google.com/forms/d/e/1FAIpQLScODsdcAH6LHIcHyq5XHFNdrnvOujQforL6jwmJ-lHNWX5yOQ/viewform?utm_source=startupgrantsindia.com
Who offers HP Udgam Cohort 2025 (Round-1) by HPCL?
HP Udgam Cohort 2025 (Round-1) by HPCL is offered by Hindustan Petroleum Corporation Limited (HPCL), a corporate programme. It is provided as non-dilutive funding.