FundingSupport amount varies
Equity-free MVP / Prototype Fintech DPIIT
ClosesJun 18, 2026
Cycle-based Grant DPIIT required
Oil India Startup Fund
Funding, incubation, mentoring, and commercialization support program by Oil India Limited for DPIIT-recognized startups with innovative and technology driven business models.
Check your readinessShare a few details and an IncorpX advisor will walk you through fit, documents and timelines for this scheme. Free, no obligation.
- Startups developing innovative solutions in the energy, oil & gas, clean technology, and industrial sectors.
- DPIIT-recognized startups seeking funding, incubation, and commercialization support.
- Early-stage startups looking to validate and scale their products or technologies.
- Founders building deep-tech, engineering, manufacturing, robotics, AI, IoT, or sustainability-focused ventures.
- Startups requiring industry mentorship, technical guidance, and market access opportunities.
- Entrepreneurs looking to collaborate with a leading Maharatna PSU and gain access to corporate networks.
- Startups with proof-of-concept, prototype, or market-ready solutions seeking growth capital and strategic support.
- Innovation-driven businesses aiming to solve real-world challenges through technology and scalable business models.
About this scheme
Oil India Limited (OIL), a Maharatna Public Sector Enterprise under the Government of India, operates the SNEH (Start-Up Nurturing, Enabling & Handholding) initiative to support innovative startups through funding, incubation, mentoring, and commercialization assistance. The program is designed to help startups move from ideation to proof of concept, commercialization, and scale-up while leveraging technology and innovation to solve real-world challenges.
Who can apply
- Startup(s) must be recognized by DPIIT.
- Startup(s) must have a business idea to develop a product or a service with market fit, viable commercialization, and scope of scaling.
- Startup(s) should be using technology in its core product or service, or business model, or distribution model, or methodology to solve the problem being targeted.
- Shareholding by Indian promoters in the Startup(s) should be at least 51% as per Companies Act, 2013 and SEBI (ICDR) Regulations, 2018 at the time of application to OIL
- Following nature of Startup(s) shall not be supported by OIL:
- Products or services or processes which do not have potential for commercialization.
- Proposals with no plan to convert ideas into saleable (implementable) technology / products / services.
- Proposals with no element of novelty or innovation.
- PhD student research or any other academic research.
- Proposals which are of pure R&D in nature with no potential for commercialization.
- Proposals with serious Ethical and Environmental Health and Safety risks deemed unfeasible by experts.
Benefits & funding
Headline support
Support amount varies
- Working Space at incubation centre.
- Internet, electricity, and drinking water.
- Laboratory and Workshop facilities
- Library Facilities
- Mentoring support
How the application process works
The journey below is informational, compiled from the official program guidelines. Applications are submitted directly with Oil India Limited, in your own name.
- 1
Visit the official Oil India Startup Fund portal.
- 2
Complete the online application form.
- 3
Upload all required documents through the portal. Submit startup and business details.
- 4
Await screening and shortlisting. Participate in a techno-commercial presentation or interaction round if shortlisted.
- 5
Complete onboarding and agreement formalities upon selection.
Want a second pair of eyes before you submit?IncorpX provides assistance for structuring proposals and organising the paperwork this process expects.
Official application
Ready to apply? Get the official link
Applications are submitted directly with Oil India Limited, in your own name. Share a few details and we will point you to the official application portal and help you prepare a complete submission.
Here is the official application link
Apply in your own name with Oil India Limited. Want a second pair of eyes before you submit? An IncorpX advisor can help you prepare.
Open the official applicationFrequently asked questions
How much funding does Oil India Startup Fund provide?
Oil India Startup Fund provides support amount varies. The exact amount sanctioned depends on the proposal and the evaluation by the program authority.
Is Oil India Startup Fund currently accepting applications?
Cycle-based intake, reopens with each official call. Always confirm the current window with the program authority before preparing your application.
Important disclaimer
IncorpX is a private platform operated by a private company. It is not a government department, agency or official portal, and it is not affiliated with, endorsed by, or acting on behalf of any government body or of any organisation, incubator, accelerator, investor or partner listed in this directory. All program names, logos and trademarks are the property of their respective owners and are used for identification only.
This directory is compiled from publicly available official sources and is provided for general information only. It does not constitute legal, financial, tax or professional advice. Funding amounts, eligibility criteria, required documents, deadlines and availability are determined by each program authority and change with every cycle, so the details shown here may be incomplete or out of date. Always confirm the current terms on the official program source before you apply or take any decision.
IncorpX charges no fee for the information in this directory and does not collect, process, lodge or submit any application on your behalf. Applications are made by you, in your own name, directly with the respective program authority. IncorpX provides assistance only for application preparation and for related registrations such as company incorporation, DPIIT recognition, MSME (Udyam) and GST. Eligibility, approval, disbursement and selection rest solely with the respective program authority, and IncorpX makes no representation or guarantee as to any outcome.
Closing soon
View all FundingRs. 30 lakh to Rs. 50 lakh
Equity-free Idea AI, SaaS & Enterprise
ClosesJun 19, 2026
FundingRs. 25 lakh to Rs. 50 lakh
MVP / Prototype
ClosesJun 20, 2026
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Free Zoho Account + Exclusive Discounts
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$2,500–$5,000+ in API Credits
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