HP Udgam Cohort 2025 Round-II — Frequently Asked Questions
Answers to the questions founders most often ask about HP Udgam Cohort 2025 Round-II — who qualifies, the funding amount, required documents and how the application works.
Frequently asked questions
How much funding does HP Udgam Cohort 2025 Round-II provide?
Selected startups can receive equity funding support of up to ₹2.5 crore.
What is the application deadline for this program?
The deadline to apply is 28th February 2026.
Which startups are eligible to apply?
Early-stage startups working on solutions aligned with the oil & gas industry, energy transition (such as renewables, biofuel, e-mobility, energy storage, LNG, CGD, CBG, or sustainability), or digital innovations relevant to HPCL's business are eligible.
Is there any specific stage requirement for startups?
The program is open to early-stage startups, including those at product or revenue stage.
Does the program take equity?
Yes, HP Udgam provides equity funding, meaning HPCL will take an equity stake in the selected startup.
What is the selection process?
Applications are submitted via the HPCL Startup Portal, followed by a preliminary screening. Shortlisted startups then present before two high-level HPCL committees. Final selection is based on innovation, strategic fit, scalability, and impact.
How can I apply?
You can apply through the HPCL Startup Portal at https://startup.hpcl.co.in/HPCLStartup/.
What documents are typically required?
The program does not specify a detailed list of documents. Typically, you would need to provide your startup's pitch deck, business plan, and any relevant technical documents. The application portal likely outlines specific requirements.
Is DPIIT or MSME registration required?
The eligibility summary does not mention a requirement for DPIIT or MSME registration. However, startups may need to be registered as a legal entity in India.
Are startups from any state in India eligible?
The eligibility criteria do not specify any state restrictions, so startups from all over India are likely eligible to apply.
Who offers HP Udgam Cohort 2025 Round-II?
HP Udgam Cohort 2025 Round-II is offered by Hindustan Petroleum Corporation Limited (HPCL), a corporate programme. It is provided as an investment.