Oil and gas public sector undertakings (PSUs) are pooling capital and infrastructure under a new platform to back energy and industrial deeptech startups in the country. They are expected to commit Rs 70-80 crore in the first year while separately planning a Rs 2,000-crore growth-stage fund. The platform has also launched an energy accelerator to help startups.Registered as a not-for-profit organisation, MC² Foundation counts ONGC, Indian Oil,
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