Global Corporate Open Innovation & Accelerator Program

Date/Deadline: 31 Dec, 2022

Vedanta Spark is a global corporate innovation, accelerator & ventures program aiming to enable startups that leverage transformative & sustainable technologies to create large-scale impact in partnership with the group companies of Vedanta – the diversified energy & resources conglomerate with operations in 3 continents.

Focus Areas

• Environmental, Social & Governance: To achieve zero harm, zero waste & zero discharge across operations at Vedanta.
• Allied Excellence: To digitally transform the areas of commercial operations, legal & compliance, training, and digital enablement of the workforce.
• Digital Core: To bring technological innovations in mining, metals, and oil & gas to digitally transform Vedanta’s core business.
• Emerging Technology: To gain access to breakthrough & futuristic technologies with disruptive potential.

Benefits

• Opportunity to collaborate & partner with Vedanta Group-one of the largest energy & resources companies with 12 Business Units across the globe
• Leverage Vedanta’s capabilities, resources and domain expertise in the energy & resources sector
• Opportunities for strategic investments for startups that create significant value to Vedanta

Eligibility Criteria

• The startup must have product/solution focused on Industrial Digital Transformation in specific to Vedanta’s Focus Areas
• The startup should have translated a core technology into a product with a potential for strong IP backing
• Startup’s core offering should translate into a long term source of business value for Vedanta
• Must have a working prototype or product that can be quickly validated through paid pilots
• Proven traction in early market-stage and willing to expand to large markets
• Technology Advantage – Differentiated/unique technology from existing technological products in the market
• Product Advantage – Ability to scale the deployment across all Vedanta Business Units

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