MoPNG’s MC² foundation launches accelerator programme for oil and gas deep tech start-ups

Oil giants pool capital to ignite energy deeptech - The Economic Times

ONGC and Indian Oil pool Rs 70-80 crore to launch MC2+Ignite accelerator backing 30 deeptech startups in AI-subsurface intelligence, hydrogen, and drilling tech. Energy incumbents signaling AI as core competitive asset; expect acquisition activity in emerging energy-tech stacks within 18 months.