NSRCEL Impact Orbit AgeTech Innovations
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Quick Answer
An incubation program by NSRCEL and Capgemini for early-revenue stage for-profit and non-profit ventures developing innovative solutions for the ageing population.
- Funding amount
- Up to ₹12.5 Lakhs
- Funding type
- Grant
- Provider
- NSRCEL, IIM Bangalore
- Application deadline
- Rolling
- Location
- Open to startups registered in India
About this grant
The NSRCEL Impact Orbit - AgeTech Innovations program is a targeted incubation initiative designed to support early-revenue stage for-profit and non-profit ventures that are developing groundbreaking solutions for India's rapidly growing ageing population. This program, a dedicated CSR initiative by Capgemini in partnership with NSRCEL, aims to address critical gaps in the elder care ecosystem. By providing focused incubation, sector-specific guidance, and unparalleled access to domain expertise, the program empowers ventures to develop and scale innovations that significantly enhance the health, wellbeing, independence, and overall quality of life for older adults. It seeks to nurture high-growth potential ventures that can build scalable models for sustained positive impact within the AgeTech sector.
Eligibility
See if you're eligible
Full eligibility criteria — entity type, stage, sector, founder profile and registration requirements — plus your fit for this program. Sign up to view.
Grant providers
NSRCEL, the NS Raghavan Centre for Entrepreneurial Learning, is the startup incubator of the Indian Institute of Management Bangalore (IIMB). It began in December 1999 as the institute's hub for entrepreneurship and innovation, set up with the support of N. S. Raghavan, a…
Learn moreCapgemini is a global IT services, consulting, and technology company headquartered in Paris, France, founded in 1967 by Serge Kampf. The company employs over 350,000 people across 50 countries and is one of the largest technology service providers in the world. In India,…
Learn moreBenefits & Funding
- Amount
- Up to ₹12.5 Lakhs
- Fund type
- Grant
- Equity
- Equity-free
- Repayment
- Non-repayable
What You Get
Selected ventures receive comprehensive incubation support designed to sharpen their value proposition and business models. This includes specialized guidance on leveraging technology for scale and intensive leadership capacity building. Participants will benefit from 1-on-1 mentoring by domain experts, access to legal and compliance support, and training for robust impact measurement. The program also provides crucial assistance with fundraising readiness, helping ventures explore alternate funding sources and connect with impact investors. For select ventures demonstrating exceptional potential and alignment with evaluation criteria, grants of up to ₹12.5 lakh are also available to catalyze their growth and impact.
- Duration
- 9 months
- Funding source
- CSR funded
- Bootstrap friendly
- Yes
Timelines & Process
Applications
Rolling basis
Selection Process
The selection process is a multi-stage, rigorous evaluation designed to identify the most promising AgeTech innovations. It begins with an initial application submission, followed by a comprehensive review by the NSRCEL program team. Shortlisted ventures advance to a one-on-one conversation with the program team to assess their fit and potential. Subsequently, these ventures present their solutions to an external expert panel, typically through a 6-7 minute pitch, where their innovation, business model, and impact potential are critically evaluated. The final stages involve a thorough due-diligence process to verify all submitted information before successful ventures are formally onboarded into the incubation program. The program prioritizes ventures with proven POCs or pilots and early traction.
Application Process
- 1
Express Interest
Submit an initial form to register your interest in the program.
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How to apply
Four steps from draft to disbursement — one action each.
- 1
Draft your application
Answer the form inside the grant tracker — AI drafts each response using your past answers, so you're not starting from a blank page.
- 2
See the questions before you start
Download every question this programme's application form asks, so you can prepare your answers offline before opening the portal.
- 3
Submit on the official portal
Use the official application link and verify all details before final submission.
- 4
Follow up
Reach out 5–7 days after submitting to confirm receipt and ask about the review timeline.
Frequently Asked Questions
What is the Impact Orbit - AgeTech Innovations Program?
Impact Orbit – AgeTech is an incubation program that aims to identify and scale ventures building innovative solutions for the ageing population. The program aims to address gaps in the elder care ecosystem by providing focused incubation, sector-specific guidance, and access to domain expertise. The program incubates early to growth stage For-profit and Non-Profit ventures with high-growth potential to build scalable models for sustained impact.
What are the eligibility criteria to apply?
For-profit and Non-profit registered ventures that have been operational for at least 1 year and demonstrate impact intent. Ventures should typically be at MVP to scale/growth stage, with some early traction (early customers), and have at least one full-time founder with active commitment.
Is there a specific industry or sector preference for the Impact Orbit - AgeTech Innovations Program?
Yes – this program focuses on elder care models across five focus areas. The focus areas include: Healthcare & Preventive Care (Chronic disease care, telemedicine, monitoring, rehab); Home-Based & Personal Care (In home doctor visits, nursing, physiotherapy, diagnostics, caregiver support for seniors); Mobility & Assistive Solution (Mobility aids, fall-prevention devices, smart wearables, age-friendly home solutions); Financial Security & Legal Support (Retirement planning, insurance, financial literacy, legal support); Social Wellbeing (Companionship platforms, community engagement, mental health support to reduce isolation).
What kind of value & support can I get from the Impact Orbit - AgeTech Innovations Program?
Clarity in value proposition; Alternate sources of funding and fundraising readiness; Impact metrics readiness; 1-on-1 mentoring from domain experts. The selected ventures will also get grants up to Rs 12.5 lakhs.
Does onboarding into the program guarantee a grant?
No, onboarding into the program does not guarantee a grant. While selected ventures will receive incubation support, grant will be considered based on the evaluation criteria.
How can I apply for the Impact Orbit - AgeTech Innovations Program?
You can apply by filling out the online application form during the application period. Application link: https://nsrcel.accubate.app/ext/form/23314/1/apply
What is the duration of the incubation?
The program duration ranges from 8–9 months.
What does the selection process look like for the program?
The selection process typically follows three steps. Applicants submit an online application (and pitch deck), shortlisted ventures go through an internal review with the program team, and further shortlisted ventures present to an external panel through a ~6–7 minute pitch.
Can I apply for the program if my venture is at an early stage or still in ideation phase?
The program may accept ventures at various stages, but preference is for MVP and Post MVP ventures with early traction—such as early customers—rather than pure ideation-stage ideas. If you are an idea-stage venture, you may consider applying to NSRCEL’s Launchpad program instead.
Is there any cost associated with participating in the Impact Orbit - AgeTech Innovations Program?
The incubation program does not have a fee structure or other financial considerations. NSRCEL does not charge any fees or take equity from the founder.
What happens after I submit my application?
After submission, your application will be reviewed by the selection committee. Shortlisted applicants may be invited for further evaluation, which can include interviews or presentations.
What is the process for receiving funding or investment through the Impact Orbit - AgeTech Innovations Program?
The program may offer funding opportunities through grants and impact investor connects. Specifics depend on venture needs and program resources.
Who can I contact if I have additional questions or need assistance?
For further inquiries or assistance regarding the Impact Orbit – AgeTech Innovations program, reach out to the team at: nsrcel.social@nsrcel.iimb.ac.in
Sources
Data on this page is compiled from official program and provider references.
