NSRCEL Startup Hub At IIMB, Ramps Up Incubation Initiatives And Refreshes Brand
The centre has on board a panel of over 50 mentors that include entrepreneurs, IIMB alumni, academicians, investors and industry veterans. Private equity, venture capital funding and government support has led to the growth of a number of start-ups making Bengaluru the startup capital of India. Capitalizing on this opportunity the scale and scope of NSRCEL’s operations has also grown exponentially.
Photo Credit : Deepak G Pawar,
The India Innovation Design Challenge (IIDC) was launched with Texas Instruments for engineering students. Women Startup Program (WSP) with support from Goldman Sachs and the DST, and the social venture incubation program with support from the Michael & Susan Dell Foundation, the Mphasis Foundation, and the Ford Foundation.
“An idea is at the centre of everything at NSRCEL. Every person that walks through the door with an idea will be assessed on two parameters – willingness and ability. At NSRCEL, we believe that these two aren’t mutually exclusive. If you have the willingness and the passion, with a gentle nudge, you can learn skill and ability. Our job is to focus on helping every venture, that incubates with us, take the next logical step,” said Rajiv Sawhney, Chief Operating Officer of NSRCEL
The well-known startups that began their journey at NSRCEL include global private equity (PE) major KKR backed Amagi, Mango Technologies that was acquired by Qualcomm, One Click that got sold to Freshdesk, among many others. The centre is betting on the success of some of its newer ventures that include Milaap, Vsnapu, Settlrs, Automoville, GoDesi, Tenexer, Zoojoo.be
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