Oil and Natural Gas Corporation-supported startups play a vital role in the energy sector. They come up with innovative solutions to support the sector Bengaluru-based. String Bio is an example. It converts methane to edible proteins for aqua and poultry feed ingredients. ONGC so far has supported 15 startups. It has used Rs 61.31 crore from its Rs 100-crore corpus startup fun.d ONGC supports startups in the early stages. It has invested a maximum of Rs 5 crore in some of them.
