Start-Up India is a flagship initiative of the Government of India. It intends to build a strong eco-system for nurturing Innovation and Start-Ups in the country, to derive sustainable economic growth and generate employment opportunities. Government policies are also encouraging Start-Ups by providing fiscal incentives. GAIL intends to take-up investment in Start-Ups to give a boost to the Government’s efforts and also to derive long-term benefits. GAIL has created a corpus of ? 50 Crores for investment in Start-Ups. Our Mission for Start-Up Initiative is to Identify, Invest and Nurture Start-Ups that can become successful companies in the long run and provide profitable returns from this diversification. GAIL has carried out 2 rounds of Solicitation till now and 21 Start-ups have been identified for investment. This is the 3rd round of our Solicitation and is especially targeted for Start-Ups working in the area of ELECTRIC VEHICLES. This Solicitation Round is open from October 10, 2018 to October 30, 2018.