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GAIL to fund start-ups in focus areas though its PANKH initiative

Capital Market 

In a bid to support the Start-Ups operating in identified Focus Areas, GAIL (India) announced its plans to invest in such companies through its Start-Up initiative 'Pankh'.

GAIL has now opened a fresh Round for Solicitation of Investment Proposals from the Start-Ups operating in the Focus Areas, which mainly includes natural gas, petrochemicals, energy, project management, bio-manure marketing, nano materials, IoT, data mining, environment, health and social. The further details of Focus Areas are available on GAIL website under GAIL PANKH Section.

The Start-Ups that are interested in equity investment from GAIL can apply through link 'GAIL PANKH' on GAIL's website https://gailonline.com. The Solicitation Round is open from 30 March 2021 to 30 May 2021.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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First Published: Mon, April 05 2021. 12:16 IST
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