GAIL increases start-up corpus fund to Rs 500 Cr

Aims to foster innovation and entrepreneurship

geetanjali

Geetanjali Minhas | February 1, 2025 | New Delhi


#GAIL   #PSU   #public sector   #startup  


GAIL (India) Limited will invest Rs. 500 crore in its Start-up Investment Fund, increasing the corpus to be invested in start-ups from Rs 100 crore to Rs 500 crore.

The move is aimed at fostering innovation, supporting emerging businesses and accelerating the growth of India’s start-up ecosystem.

The state run gas distribution company will deploy the  increased fund for nurturing promising start-ups across various sectors with focus on clean energy, renewables, energy  storage, electric mobility and digital transformation, etc.

GAIL had launched its ambitious Start-Up initiative ‘Pankh’ in July’ 2017 to invest in promising start-ups. Till date, it has made investments in 36 start-ups operating in various areas including CBG, electric mobility, IoT, logistics and environment etc.

“By increasing our start-up investment fund to Rs 500 crore, we aim to provide greater financial and strategic support to entrepreneurs working on breakthrough ideas. We expect that the start-ups funded by GAIL may turn into successful companies and help in realizing India’s vision of becoming a ‘Start-up Nation',” said Sandeep Kumar Gupta, CMD, GAIL.

Details about GAIL Pankh are available on https://gailebank.gail.co.in/GSUICBG/index.aspx

Comments

 

Other News

New pathways for tourism growth

Traditionally, India’s tourism policy has been based on three main components: the number of visitors, building tourist attractions and providing facilities for tourists. Due to the increase in climate-related issues and environmental destruction that occurred over previous years, policymakers have b

Is the US a superpower anymore?

On April 8, hours after warning that “a whole civilisation will die tonight,” US president Donald Trump, exhibiting his unique style of retreating from high-voltage brinkmanship, announced that he agreed to a two-week ceasefire with Iran. The weekend talks in Islamabad have failed and the futur

Machines communicate, humans connect

There is a moment every event professional knows—the kind that arrives without warning, usually an hour before the curtain rises. Months of meticulous planning are in place. And then comes the call: “We’ll also need a projector. For the slides.”   No email

Why India is entering a ‘stagflation lite’ phase

India’s macroeconomic narrative is quietly shifting—from a rare “Goldilocks” equilibrium of stable growth and contained inflation to a more fragile phase where external shocks are beginning to dominate domestic policy outcomes. The numbers still look reassuring at first glance: GDP

Labour law in India: A decade of transition

The story of labour law in India is not just about laws and codes, but also about how the nation has continued to negotiate the position of the workforce within its economic framework. The implementation of the Labour Codes across the country in November 2025 marks a definitive endpoint in the process. Yet

Time for India to build genuine resilience in energy security

There is a strip of water barely 33 kilometres wide between Iran and Oman that connects the Persian Gulf to the rest of the world`s oceans. For most of India`s history, it was a distant geographic fact. Since late February, it has been a kitchen problem.   The Strait of Hormuz. T


Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter