HP Udgam Cohort 2025 Round-II

The HP Udgam Cohort 2025 – Round II is a significant part of Hindustan Petroleum Corporation Limited's (HPCL) flagship initiative to support startups. Its primary goal is to foster innovation and encourage collaboration with emerging companies.

This program specifically targets startups whose solutions demonstrate strong synergy with the Oil & Gas industry, as well as those involved in the evolving areas of energy transition and digital innovation. HPCL is keenly interested in ventures focused on renewable energy, biofuels, e-mobility, energy storage, LNG, CGD, CBG, sustainability, and digital solutions that are relevant to the broader oil and gas value chain.

Selected startups are eligible to receive equity funding of up to ₹2.5 crore. The selection process involves a rigorous multi-stage evaluation, including presentations to high-level HPCL committees. This initiative is mutually beneficial, helping startups scale their innovative solutions while enabling HPCL to integrate cutting-edge technologies.

• Equity funding available up to ₹2.5 crore.
• Targets early-stage startups.
• Focus on Oil & Gas, Energy Transition, and Digital Innovation.
• Supported by Hindustan Petroleum Corporation Limited (HPCL).
• Solutions for energy and petroleum sector challenges.
• Application deadline: February 28, 2026.

This program is designed for early-stage startups.

Applicants must be developing solutions that align with the Oil & Gas industry, energy transition, or digital innovation. Specific areas of interest include:

• Renewable energy
• Biofuels
• E-mobility
• Energy storage
• LNG
• CGD
• CBG
• Sustainability
• Digital solutions relevant to HPCL's business domains

All applicants must be willing to participate fully in HPCL's evaluation and selection process.

HP Udgam Cohort 2025 Round-II is open to startups at any stage. It is open to startups registered anywhere in India.

The most recent application window for HP Udgam Cohort 2025 Round-II closed on 28 Feb 2026. Many programmes run repeat cohorts, so it is worth checking the official site for the next round.

The HP Udgam Cohort 2025 – Round II provides equity funding support to selected startups. This funding can amount to as much as ₹2.5 crore.

HP Udgam Cohort 2025 Round-II is offered by Hindustan Petroleum Corporation Limited (HPCL), a corporate programme. It is delivered directly by Hindustan Petroleum Corporation Limited (HPCL) as a equity. You can verify current details and timelines on the provider's official website before applying.

The selection process for the HP Udgam Cohort 2025 – Round II begins with startups submitting their applications through the official HPCL Startup Portal.

Following submission, applications undergo a preliminary screening conducted by HPCL.

Shortlisted startups are then invited to present their solutions before two distinct high-level evaluation committees.

The final selection is determined by several key criteria, including the level of innovation, the strategic fit with HPCL's objectives, the scalability of the proposed solution, and its potential impact.

Ultimately, the chosen startups receive equity funding support as part of the HP Udgam initiative.

Before you apply to HP Udgam Cohort 2025 Round-II, keep the following documents ready:

• A pitch deck or short business plan describing the problem, product and traction
• Company registration documents and PAN
• Founder identification (PAN / Aadhaar) and brief profiles
• Recent financial statements or projections
• Product details — a demo, prototype or working link if available

Exact requirements are confirmed on the official application portal — treat this as a preparation checklist.

HP Udgam Cohort 2025 Round-II is best suited for startups in India seeking an equity investment of ₹2.5Cr. If that describes your startup, review the eligibility criteria above before applying.