New Delhi: Bharat Petroleum Corporation Limited (BPCL) recently announced its collaboration with IIMK LIVE to fortify the growth of start-ups operating in the clean energy and deep tech sectors. This collaboration is part of BPCL’s ‘Project Ankur’ initiative.
The Memorandum of Understanding (MoU) formalising the partnership was inked by Professor Ashutosh Sarkar, Executive Director of IIMK LIVE, and Sameet Pai, Head of Corporate Strategy at BPCL. The alliance aims to cultivate and support innovative ideas with the potential to evolve into successful start-ups.
Under this initiative, IIMK LIVE will serve as one of the implementation partners, providing crucial incubation, mentorship, and training to selected start-ups.
BPCL’s ‘Project Ankur’ seeks to create a supportive ecosystem that nurtures entrepreneurship in the country by supporting groundbreaking ideas and concepts. By collaborating with IIMK LIVE, BPCL aims to amplify the success potential of selected start-ups through essential incubation and mentorship, Pai said.
Professor Debashish Chatterjee, Director of IIM Kozhikode and Chairman of IIMK LIVE, said, “This tie-up between IIMK LIVE and BPCL will be a boost to clean energy and deep tech-based start-ups and help contribute towards a sustainable future.”
BPCL’s ‘Project Ankur’ has already supported over 30 impactful start-ups, including notable companies like Genrobotics, Detect Technologies, Anthill Creations, Cygenica, and EyeROV.
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