Message from Vedanta Spark Team

The discovery phase of the very first edition of Vedanta's Global Corporate and Ventures Program has been completed. Please stay tuned to this space for announcements regarding the next edition of the Vedanta Spark Program.

What we offer

Partnerships & Collaborations

Platform to engage with Vedanta group companies and business units. Chance to win Paid Pilots accelerated towards delivering business impact within 6-9 months.

Capacity & Resources

Leverage massive capacity & resources of Vedanta group in scaling up to commercial production, System Integration, market/business development, channels for distribution, sales, lifecycle support etc.

Executive Connect

Direct connect with Vedanta Group Company CEOs, Business/Digital Leads to pitch your tech/solution, to deep-dive into exploring and evaluating a business-case for pilot.

Funding & Investments

15 Million USD in the offer for startups with breakthrough tech and that can pilot/deploy within 6 months at any of the Vedanta Group companies.

Challenges

Will be announced along with the launch of the next edition of the program. Following challenges were part of the first edition of Vedanta Spark. -

360 Degree Sustainability & Excellence in Health
Safety & Environment
Operational Excellence - Volume
Recovery & Efficiency Improvement
Asset Optimisation
and Predictive Maintenance, Exploration
Mining & Blasting; Quality Excellence/CTS
Wealth out of Waste (WOW)
Optimized Logistics and Supply Chain Management
Value-Added Product Development among others Learn more

Vedanta Spark Journey

About Vedanta

Vedanta is India's leading and world's 6th largest diversified natural resources conglomerate with business operations majorly in India and also in South Africa, Namibia, UAE and Australia. We are a fully integrated producer of Oil & Gas, Zinc - Lead - Silver, Copper, Iron Ore, Steel, and Aluminium & Power. With our world class, low-cost and long-life assets, Vedanta contributes 1.4% towards India's GDP, as per IFC.

Vedanta is chartering on the next phase of quantum growth towards doubling our production and reducing the cost to become the largest natural resources company in the world with focus on safety, environment, community, ethics and governance with continued focus on Innovation, technology & digitalzation.

Vedanta is a forward looking organization that believes in the power of partnership and collaboration to develop technological innovation for Metals and Mining and Oil & Gas sectors.

Partners

Frequently Asked Questions

Vedanta Spark is a global Corporate Innovation & Ventures program looking to partner with early-stage, growth stage and venture stage Digital Tech startups driving Industrial Digital Transformation in AI, IoT, edge computing, robotics, power electronics, visual intelligence, additive manufacturing etc. for strategic innovation initiatives.
The applicant startups should have a technical working prototype and the program's purview does not include support for ideation/very early-stage startups. Companies that have already tested their prototypes through industrial deployments and paid trials will be given higher preference.
Applications are screened on the basis of Company maturity, Relevance to Opportunity, Completeness of the application and Partnership potential with Vedanta. In-depth evaluation of the qualified applicants on the basis of the following parameters will be undertaken -Technology Advantages, Product Advantages, Market Traction, Growth Potential, Startup Maturity (Team & Capabilities) and Enterprise Value for Vedanta (Case-for & Time-to Integration).
Vedanta Spark provides a unique opportunity for industrial technology start-ups to collaborate and partner with one of the largest Energy & Resources companies in the world. Startups can leverage Vedantas’s capabilities, expertise and massive reach in the energy & resources sector through the program. Top startups stand an opportunity to strategically partner with Vedanta.
  • 360 Degree Sustainability & Excellence in Health, Safety & Environment
  • Operational Excellence – Volume, Recovery & Efficiency Improvement
  • Asset Optimization and Predictive Maintenance
  • Exploration, Mining & Blasting
  • Quality Excellence/CTS
  • Wealth Out of Waste (WOW)
  • Optimized Logistics and Supply Chain Management
  • Value-Added Product Development
  • CSR and Community Development
  • Project Management
  • Outsourced Partner Management Excellence
  • Oil & Gas Decline Management
  • Digital Buying & Selling
  • Legal and Compliance management
  • Employee Engagement
  • Industrial Security
No, there is no fee involved for the participating startups.
Vedanta Spark is looking at Startups from across the globe as part of the program.