BPCL (Bharat Bharat Petroleum Corporation Limited), a marketing PSU with Navratna status has agreed to sign an agreement for providing grants to four startups raised by Kerala Startup Mission (KSUM). The agreement took place at the Technopark, Thiruvananthapuram on Monday, under BPCL’s startup scheme Project Ankur.
According to the reports, the Project Ankur Scheme will be boosting startups like GenRobotics, Sastra Robotics, Waferchips and Nava Design. The scheme supports projects which have an aim to establish innovative technology and business re-engineering ideas.
The startups that have business potential and are focussed on environment protection will be benefited under the Project Ankur.
BPCL will also be providing mentor support and technical assistance in terms of guidance or on need-basis to the Kerala based startups. The Corporation will be providing funding for over a period of 36 months in instalments against agreed/accepted milestones.
Here’s a look at the startups that will be funded by the BPCL.
Founder(s): Arun George, Nikhil NP, Rashid Bin Abdulla, Vimal Govind MK