ONGC Mulls New ₹200 Cr Fund To Back Energy & AI Startups
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State-run oil and gas company Oil and Natural Gas Corporation (ONGC) is planning to launch a new 200 Cr ($20 Mn) fund to back startups operating in energy and artificial intelligence/ machine learning (AI/ML) sectors.
“ONGC shall be launching another AIF of ₹200 Cr to nurture and incubate new ideas related to (the) energy sector and AI/ML,” said the company.
As part of this, the ONGC has sought applications for appointing two advisors to formalise the operations of the new startup fund. Accordin
“ONGC shall be launching another AIF of ₹200 Cr to nurture and incubate new ideas related to (the) energy sector and AI/ML,” said the company.
As part of this, the ONGC has sought applications for appointing two advisors to formalise the operations of the new startup fund. Accordin
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