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Transformation through innovation

Reshaping Sustainability
for a Better Future

Global Corporate Open
Innovation & Accelerator Program

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.

Spark Impact Overview

1700

+

Applications

48

countries

64

Startup Winners

100+

Pilots

$

2.7

M

Pilot Investments

110

+

Challenges

  • Open Startup Proposals

    Propose use-cases that are not found in the above focus areas & themes

Why partner with Vedanta Spark?

Market Access & Commercial Pathways

Opportunity to partner and collaborate with group-wide operating companies and business units through paid pilots & horizontal deployments to deliver business impact by scaling operational excellence.

Capacity & Resources

Gain access to Vedanta's massive capacity & resources to scale deployment across the industrial value chain in the energy & resources sector, leveraging Vedanta's partner ecosystem covering Digital SIs, BD, Channels for Distribution & Sales etc.

Strategic Advisory & Expertise

Connect with top business executives, domain experts and digital leaders to develop category-leading industrial technology solutions and to scale world-class tech ventures.

Strategic Investments

Opportunity to raise growth capital from Vedanta's ventures arm, building pathways for expanded business potential and strategic growth within the Vedanta universe.

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

The sprint 2 application window will open by the 2nd week of September. Follow our social media handles for further updates.

News & Updates

Sprint #1 Winners

Meet the top 16 startups of Vedanta Spark 2.0 Sprint #1 These startups will be executing pilots with Vedanta to address 14 challenges across different Business Units

Sprint #2 Application

Sprint Application window will open from the first week of September and will close on

Open Startup Proposals

The open startup proposals will be kept open throughout the year. Inviting startups to propose solutions that might address relevant challenges across different Business Units of Vedanta

Evaluation Process

Applications are evaluated through a 3 stage process:

  • Screening
  • Expert Evaluation (Pitch)
  • Detailed Analysis

Startups that clear detailed analysis will be declared as winners for executing pilots with the Business Units of Vedanta

Success Stories

Vedanta Spark aims to achieve digital transformation in the energy and mining & resources sector through strategic partnerships with startups having breakthrough technologies.
Vedanta Spark aims to achieve digital transformation in the energy and mining & resources sector through strategic partnerships with startups having breakthrough technologies.
Vedanta Spark is a very structured and incredible platform for startups to work with large conglomerates for its digitization. After a successful pilot of our product T-PULSE in HZL-Chanderiya, we are gearing up for company-wide implementation.
Daniel Raj

CEO Detect Technologies

Vedanta Spark has leveraged the bridge between startups and large enterprises like Vedanta by enabling faster deployments of relevant solutions across different business units. After a successful pilot at HZL-Zawar mines, we are gearing up to engage across Vedanta verticals and add business value across the supply chain.
Swetha Saxena

CEO MachineMax Technologies

Vedanta Spark is truly a novel program being championed by one of the largest industrial conglomerate across the globe. It has been one of the most effective accelerator/corporate-startup programs that we have participated in. The sharp focus on pilot and ROI reflects the thought process of the leadership team for the program. We would also like to bring out the structure and rigour brought by Forge in the entire process right from selection stage to implementation support and internal communication.
Manish Arora

Co-founder & COO, Maximl

Thanks to Spark team's support and FACOR's openness to innovate. Prysmex deployed a successful pilot in its Charge Chrome Plant & Power Plant, enabling real-time risk reporting and GEMBA walk digitalization, resulting in increased safety, quality, and productivity in the workplace.
Susana Ruiz Lozano

COO & Co-Founder, PRYSMEX

Our Partners

Leadership

Investors
Akarsh Hebbar

MD, Avanstrate

Investors
Priya Agarwal Hebbar

Non-Executive Director VL & Chairperson HZL

Investors
Arun Misra

CEO, Zinc Business and Digital/Spark Sponsor

Investors
Amitesh Sinha

Head of Corporate Venture Capital & Vedanta Spark Initiatives

Investors
Phillip Campbell

Director Technical, Vedanta

Investors
Haresh Chawla

Partner, True North Co.

Investors
Vamshi Guntha

Founder & CEO, Propl Inventions

About Vedanta

Vedanta is the world's sixth largest diversified natural resources conglomerate with business operations majorly in India and also in South Africa, Namibia, UAE and Australia.
With our world class, low-cost and long-life assets, Vedanta contributes 1.4% towards India's GDP, as per IFC.

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