
NSRCEL, IIM Bangalore
NS Raghavan Centre for Entrepreneurial Learning
IIM Bangalore
IIM Bangalore's startup incubator, running free programmes for founders from idea stage to growth.
NSRCEL at a glance
| Full name | NS Raghavan Centre for Entrepreneurial Learning |
|---|---|
| Part of | IIM Bangalore |
| Established | 1999 |
| Address | Indian Institute of Management Bangalore, Bannerghatta Road, Bilekahalli, Bengaluru, Karnataka 560076 |
| Programmes | 18 standing programmes · 1 open call right now |
| Stages supported | Idea, Prototype, MVP, Early revenue, Growth |
| Fees | Free — all 15 programmes that state a fee policy |
| Equity | None taken — all 11 programmes that state a policy |
| Official website | nsrcel.org |
| nsrcel.socialmedia@iimb.ac.in |
Programs by NSRCEL, IIM Bangalore
1 open now · 8 past · Filter all programs
Schemes implemented by NSRCEL, IIM Bangalore
3 schemes — each groups the funding calls run under it.
NSRCEL Impact Orbit
NSRCEL's social-impact incubation track at IIM Bangalore, running since 2017, with verticals for tech-enabled social innovation, skilling and livelihoods, and AgeTech.
1 funding call
NSRCEL Launchpad
NSRCEL's recurring pre-incubation programme at IIM Bangalore for founders at idea, prototype or MVP stage, run in numbered cohorts.
1 funding call
NSRCEL Women Startup Program
NSRCEL's cohort programme for women founders at IIM Bangalore, powered by Kotak BizLabs, running from a foundations course to incubation and a growth hub.
1 funding call
Which NSRCEL programme fits you
17 programmes compared by who they are for, the stage they accept, how long they run and what they cost.
By stage
- Idea
- Launchpad, Women Startup Program
- Prototype
- Launchpad, Campus Founders, Healthcare Incubation Program, Women Startup Program, Renewable Energy Incubation Centre
- MVP
- Launchpad, Campus Founders, Healthcare Incubation Program, Women Startup Program, Mobility Startups Incubation Program, Renewable Energy Incubation Centre
- Early revenue
- Healthcare Incubation Program, Women Startup Program, Impact Orbit – Tech-Enabled Social Innovations, Impact Orbit – Skilling & Livelihood Innovations, Impact Orbit – AgeTech Innovations, Velocity – Kotak BizLabs, Circular Bharat Accelerator, Climate Incubation Hub, Circular Innovation Incubation Program, Mobility Startups Incubation Program, Sustainable Mobility Incubation Program, Renewable Energy Incubation Centre, Fintech Centre of Excellence
- Growth
- Goldman Sachs 10,000 Women, Women Startup Program, Impact Orbit – Tech-Enabled Social Innovations, Impact Orbit – Skilling & Livelihood Innovations, Impact Orbit – AgeTech Innovations, Velocity – Kotak BizLabs, Renewable Energy Incubation Centre, Beyond Borders Program
| Programme | Best for | Stage | Duration | Format | Cost |
|---|---|---|---|---|---|
| Launchpad | Early-stage founders across India, solo founders included | Idea – MVP | 5 months | Hybrid | Free |
| Campus FoundersWith GPS Renewables | Students and graduates of under a year, with a working prototype | Prototype – MVP | About 4–10 months, by progress | Hybrid | — |
| Healthcare Incubation ProgramWith DailyRounds | Healthcare, health-tech, medtech and biotech startups with a prototype or proof of concept | Prototype – Early revenue | 5 months | Hybrid | Free |
| Goldman Sachs 10,000 WomenWith Goldman Sachs | Women who own and run a business that is at least a year old | Growth | 100+ hours, including three residential modules | In person | Free, no equity |
| Women Startup ProgramWith Kotak Mahindra Bank (Kotak BizLabs) | Women founders across India, from idea stage to growth-stage alumni | Idea – Growth | Up to two years, across stages | Hybrid | Free, no equity |
| Impact Orbit – Tech-Enabled Social Innovations | For-profit and non-profit tech-enabled social ventures operating for over a year | Early revenue – Growth | 8–9 months | — | Free, no equity |
| Impact Orbit – Skilling & Livelihood InnovationsWith Capgemini | Social ventures in skilling and livelihoods, with a focus on non-metro and rural India | Early revenue – Growth | 8–9 months | — | Free, no equity |
| Impact Orbit – AgeTech InnovationsWith Capgemini | Ventures building products and services for India's ageing population | Early revenue – Growth | 8–9 months | — | Free, no equity |
| Velocity – Kotak BizLabsWith Kotak Mahindra Bank | DPIIT-recognised, revenue-generating tech startups with customers | Early revenue – Growth | 12 months | Hybrid | Free, no equity |
| Circular Bharat AcceleratorWith Hindustan Unilever, NITI Aayog, Xynteo | Pilot-ready circular-economy startups incorporated in India | Early revenue | — | Hybrid | Free, no equity |
| Climate Incubation HubWith Hindustan Unilever | Tech-enabled climate startups with a market-ready product and customers | Early revenue | About 6 months | Online | Free |
| Circular Innovation Incubation ProgramWith Pernod Ricard India Foundation | Circular-economy startups in climate-smart agriculture, plastic and glass circularity | Early revenue | — | Hybrid | Free, no equity |
| Mobility Startups Incubation ProgramWith Maruti Suzuki | DPIIT-recognised technology startups in mobility and allied sectors, under 10 years old | MVP – Early revenue | 6 months | Hybrid | Free, no equity |
| Sustainable Mobility Incubation ProgramWith ALSTOM | Market-ready, revenue-generating mobility and energy startups incorporated in India | Early revenue | About 6 months | — | Free, no equity |
| Renewable Energy Incubation CentreWith KREDL, FSID (IISc), UNSW Sydney | Renewable energy and climate-tech startups at TRL 3 or above, Karnataka-based or deployable there | Prototype – Growth | About 12 months | Hybrid | Free |
| Fintech Centre of ExcellenceWith Government of Karnataka | Revenue-generating fintech startups from seed to pre-Series A | Early revenue | 3–6 months | — | Free, no equity |
| Beyond Borders Program | International growth-stage startups entering India | Growth | — | — | — |
"—" means the programme's own page does not state it. Check each programme's page for current eligibility and intake dates.
Track record
What NSRCEL, IIM Bangalore reports about its portfolio.
These are NSRCEL's own published figures, not audited totals. Its pages do not always agree — the homepage counts 3,657+ ventures incubated while the donors page counts 3,178+ startups — so read them as orders of magnitude.
All figures self-reported — nsrcel.org, as of Sept 2026.
Programmes they run
Standing programmes at NSRCEL, IIM Bangalore, separate from the funding calls above.
NSRCEL runs its programmes as cohorts, most of them backed by a corporate or government partner. Every programme that states a fee policy is free to join, and most state that NSRCEL takes no equity. Intake dates change from cohort to cohort, so check the programme page for current status.
Launchpad
IncubationA five-month, sector-agnostic pre-incubation programme for founders at idea, prototype or MVP stage.
Best for: Early-stage founders across India, solo founders included
- Idea – MVP
- 5 months
- Hybrid
- Free
- Grant support for selected startups
What you get, who can apply and how to applyHide details
Launchpad is NSRCEL's entry point for founders who are still validating a problem. It runs in cohorts, combines online sessions with two in-person bootcamps in Bengaluru, and closes with a mentor panel pitch.
What you get
- Cohort based learning: workshops and sessions on problem-solution fit, early product market fit, governance and entrepreneurial mindset
- One-on-one mentoring with review based checkpoints
- Grant opportunity for top 2 incubatees
- Access to the NSRCEL Startup Kit (discounts, credits from partners)
- 2 in-person bootcamps of 2-3 days in Bangalore
Who can apply
- Early-stage: idea, prototype, or MVP stage
- Founder mindset: entrepreneurial intent, bias for action, willingness to learn
- Problem clarity: deep understanding of the problem through strong validation
- Disruptive / innovative thinking
- Solo founders may apply
- One idea per applicant
- Open to early-stage ideas from across the country
- Past applicants may reapply, highlighting progress since
How selection works: Application Submission → Application Review → Conversation with the NSRCEL Team → Mentor Panel Pitch → Onboarding into the Program
How to apply: Apply through the online application form on the Launchpad page. When a cohort is closed, fill the interest form there to hear about the next intake.
Campus Founders
IncubationA multi-phase programme for student and recent-graduate founders who already have a working prototype.
Best for: Students and graduates of under a year, with a working prototype
- Prototype – MVP
- About 4–10 months, by progress
- Hybrid
- Grant support for selected startups
With GPS Renewables
What you get, who can apply and how to applyHide details
Campus Founders moves student ventures from a virtual pre-incubation phase into hybrid incubation and then milestone-based mentoring. NSRCEL's own page gives different phase lengths in different places, so expect roughly four to ten months depending on how fast a venture progresses.
What you get
- Multi-stage program design from prototype and validation to early growth
- Access to Startup toolkit (discounts, credits)
- Alumni & mentor network
- Milestone-based funding support for up to 5 ventures (Phase 3)
- Peer learning
- Curriculum: problem discovery, customer validation, value proposition, entrepreneurial mindsets, early-stage governance, early product-market fit
Who can apply
- A working prototype or proof of work that shows founder commitment
- Undergraduate or postgraduate students, or graduates of less than a year at the time of selection, from any discipline
- Founders from anywhere in India
- Innovative ideas with potential to scale
How selection works: Submit application → Initial screening for eligibility → Telephonic interview → Pitch presentation to mentor panel → Final expectation and program fit assessment → Onboarding to the Foundational Pre-incubation Phase
How to apply: Apply through the online application form on the Campus Founders page.
Healthcare Incubation Program
IncubationA five-month incubation programme for healthcare startups, run with DailyRounds.
Best for: Healthcare, health-tech, medtech and biotech startups with a prototype or proof of concept
- Prototype – Early revenue
- 5 months
- Hybrid
- Free
- Grant support for selected startups
With DailyRounds
What you get, who can apply and how to applyHide details
The Healthcare Incubation Program is for startups working to widen access to affordable healthcare in India. It pairs sector masterclasses with one-on-one mentoring, access to a hospital network, and regulatory, IP, legal and finance advisory.
What you get
- Access to product innovation labs, lab suites, workspace
- Curated online sessions and masterclasses from sector and industry experts
- One-on-one mentoring
- Regulatory, IP, legal and finance advisory
- Access to the hospital network
- Investor connects
- Grant opportunities for a few select startups
- Kick-Off Bootcamp and End Reviews at NSRCEL
Who can apply
- Healthcare startup
- Prototype to early revenue stage (working prototype or proof of concept)
- Founders committed to the idea full-time
- Solo founders may apply
- One idea per applicant
- PAN India
How selection works: Application Submission → Application Review → Conversation with the NSRCEL Team → Panel Review → Onboarding into the Program
How to apply: Apply through the online application form on the programme page. Questions go to healthcare@nsrcel.iimb.ac.in.
Goldman Sachs 10,000 Women
ProgrammeA business-education programme for established women entrepreneurs, taught by IIM Bangalore faculty with Goldman Sachs.
Best for: Women who own and run a business that is at least a year old
- Growth
- 100+ hours, including three residential modules
- In person
- Free, no equity
With Goldman Sachs
What you get, who can apply and how to applyHide details
10,000 Women is Goldman Sachs' programme for women business owners ready to grow, delivered in India by IIM Bangalore alongside IIM Ahmedabad and IIM Lucknow. Tuition is covered by Goldman Sachs; travel and lodging are not. An online version runs separately on Coursera for founders who cannot attend in person.
What you get
- Business and management education by IIMB faculty: financial management, marketing, negotiation, leadership
- Business growth plan
- Expert mentorship
- Global alumni network
- Tuition covered by Goldman Sachs
Who can apply
- Owner or co-owner of the venture
- Primary decision maker
- Business operational for at least one year
- A minimum of 3 employees
- Must not be a previous graduate of 10,000 Women
How selection works: Application review → interviews with shortlisted applicants → final decision, shortly before the cohort starts. Goldman Sachs publishes the dates for each intake
How to apply: Applications go through Goldman Sachs, starting with a short expression-of-interest form. Questions go to info@gs10kwapply.in.
Women Startup Program
IncubationA staged programme for women founders, powered by Kotak BizLabs, running from a five-week foundations course to incubation and a growth hub.
Best for: Women founders across India, from idea stage to growth-stage alumni
- Idea – Growth
- Up to two years, across stages
- Hybrid
- Free, no equity
- Grant support for selected startups
With Kotak Mahindra Bank (Kotak BizLabs)
What you get, who can apply and how to applyHide details
Launched in 2016, the Women Startup Program is built as a journey: a five-week Foundations of Entrepreneurship course and an eight-week pre-incubation phase (together the Entrepreneurship Base Program), then an eight-month hybrid incubation, then a continuous Scale Hub for growth-stage alumni. Founders move to each next stage by selection.
What you get
- Mentoring: access to a mentor network of alumni, industry experts and VCs
- Network: connections to prospects for sales, business development and technology, and access to researchers and academicians
- Need assessment and ecosystem mapping of venture requirements
- Co-incubation with Partner Institutes
- Pro-bono legal and company secretarial advice
- Business acceleration: chances to showcase at startup events or exhibitions
- Milestone tracking
- Cohort-based learning ('women supporting women')
Who can apply
- Foundations course: women aged 18 and above with a feasible business idea
- Pre-incubation: selected from the Foundations course
- Incubation: women founders or co-founders in India with equal or majority ownership of the venture
- Incubation: an MVP, early revenue, or at least 100 sign-ups or expressions of interest from potential users
- Incubation: a detailed business model with revenue projections for the next 12 months
- Scale Hub: growth-stage alumni of women-led ventures
How selection works: Application → screening and evaluation → onboarding. Founders start with the Foundations course and move to pre-incubation and then incubation by selection. Grants in the incubation stage are awarded after assessment
How to apply: Start with the Register Your Interest form on the programme page; the full application form is the last step. Questions go to wspqueries@iimb.ac.in.
Impact Orbit's track for tech-enabled social ventures with proven pilots and early revenue.
Best for: For-profit and non-profit tech-enabled social ventures operating for over a year
- Early revenue – Growth
- 8–9 months
- Free, no equity
- Grant support for selected startups
What you get, who can apply and how to applyHide details
Impact Orbit is NSRCEL's social-impact track, with separate verticals for tech-enabled social innovation, skilling and livelihoods, and AgeTech. It is for impact-first ventures rather than idea-stage teams, which NSRCEL directs to Launchpad instead.
What you get
- Clarity in value proposition
- Alternate sources of funding and fundraising readiness
- Impact metrics readiness
- Funding readiness
- 1-on-1 mentoring from domain experts
- Grants and impact-investor connects
Who can apply
- For-profit or non-profit registered ventures, operating for more than a year with sustained social impact
- Early revenue to growth stage, with proven pilots or proofs of concept
- Tech-enabled or digitally inclusive solutions to social problems
- Impact-first, with direct potential to impact at least three UN Sustainable Development Goals
- Idea-stage ventures should look at Launchpad instead
How selection works: An online application with a pitch deck → an internal review with the programme team → an external panel, where you pitch for about six to seven minutes
How to apply: Apply online during the application period, using the separate form for for-profit or non-profit ventures. Questions go to nsrcel.social@nsrcel.iimb.ac.in.
An Impact Orbit programme, run with Capgemini, for ventures closing gaps in India's skilling and livelihood ecosystem.
Best for: Social ventures in skilling and livelihoods, with a focus on non-metro and rural India
- Early revenue – Growth
- 8–9 months
- Free, no equity
- Grant support for selected startups
With Capgemini
What you get, who can apply and how to applyHide details
This vertical backs ventures working on youth employment, future-ready skills, self-employment, rural incomes and inclusive economic participation, with particular attention to non-metro and rural contexts.
What you get
- Clarity in value proposition and business models
- Alternate sources of funding and fundraising readiness
- Legal and compliance support
- Impact measurement readiness and leadership capacity building
- Leveraging technology for scale
- 1-on-1 mentoring from domain experts
- Grants and impact-investor connects
Who can apply
- Registered for-profit or non-profit entity, in operation for at least a year
- MVP to growth stage, with a proven pilot and early customers
- At least one full-time founder
- Impact-first, with direct potential to impact at least three UN Sustainable Development Goals
- Idea-stage ventures should look at Launchpad instead
How selection works: Application → review → a one-to-one conversation with the programme team → a panel review, where you pitch for about six to seven minutes → due diligence → onboarding
How to apply: Fill the Express Your Interest form on the programme page; the link to the full application appears after you submit it. Questions go to nsrcel.social@nsrcel.iimb.ac.in.
Impact Orbit – AgeTech Innovations
IncubationAn Impact Orbit programme, a Capgemini CSR initiative, for startups serving older adults.
Best for: Ventures building products and services for India's ageing population
- Early revenue – Growth
- 8–9 months
- Free, no equity
- Grant support for selected startups
With Capgemini
What you get, who can apply and how to applyHide details
The AgeTech vertical covers preventive and chronic care, home-based care, mobility and assistive products, financial and legal security, and social wellbeing for older adults. NSRCEL notes that onboarding does not by itself guarantee a grant.
What you get
- Clarity in value proposition and business models
- Alternate sources of funding and fundraising readiness
- Legal and compliance support
- Impact measurement readiness and leadership capacity building
- Leveraging technology for scale
- 1-on-1 mentoring from domain experts
- Grants and impact-investor connects
Who can apply
- Registered for-profit or non-profit entity, in operation for at least a year
- MVP to growth stage, with a proven pilot and early customers
- At least one full-time founder
- Impact-first, with direct potential to impact at least three UN Sustainable Development Goals
- Idea-stage ventures should look at Launchpad instead
- Onboarding does not guarantee a grant; grants follow a separate evaluation
How selection works: Application → review → a one-to-one conversation with the programme team → a panel review, where you pitch for about six to seven minutes → due diligence → onboarding
How to apply: Fill the Express Your Interest form on the programme page; the link to the full application appears after you submit it. Questions go to nsrcel.social@nsrcel.iimb.ac.in.
Velocity – Kotak BizLabs
AcceleratorA 12-month acceleration programme for revenue-stage startups, run as Kotak Mahindra Bank's Kotak BizLabs initiative.
Best for: DPIIT-recognised, revenue-generating tech startups with customers
- Early revenue – Growth
- 12 months
- Hybrid
- Free, no equity
- Grant support for selected startups
With Kotak Mahindra Bank
What you get, who can apply and how to applyHide details
Velocity is for startups that already have a market-ready product and paying customers. It focuses on product and market strategy and investor readiness, and ends with a demo day. After the cohort, startups join the wider NSRCEL community.
What you get
- Product and market strategy support
- Mentorship and networking ecosystem (alumni, industry experts, VCs)
- Grant opportunities for selected startups
- Demo Day with financial readiness workshop and investor pitch
- NSRCEL Startup Kit
- Opportunity to pitch to VCs and investors
Who can apply
- DPIIT registered entity
- Fully developed MVP ready for market entry
- Already generating revenue
- Early customers or established customer base
- Registered in India
- Innovating in one of the listed sectors
- Tech first / tech enabled
How selection works: Application Submission → Application Review → Conversation with the NSRCEL Team → Panel Review → Due Diligence → Onboarding into the Program
How to apply: Apply through the Kotak BizLabs application form, or register interest on the programme page. Questions go to velocity@nsrcel.iimb.ac.in.
Circular Bharat Accelerator
AcceleratorAn accelerator for circular-economy startups ready to run pilots, backed by Hindustan Unilever, NITI Aayog and Xynteo.
Best for: Pilot-ready circular-economy startups incorporated in India
- Early revenue
- Hybrid
- Free, no equity
- Grant support for selected startups
With Hindustan Unilever, NITI Aayog, Xynteo
What you get, who can apply and how to applyHide details
The Circular Bharat Accelerator targets technology startups in plastic circularity, advanced recycling, reuse and refill systems, circular supply chains, e-waste and next-generation materials. It centres on getting solutions into real pilots with corporate and public-sector partners.
What you get
- GTM-Focused Support: Practical go-to-market support centered on real-market adoption
- Structured Pilot-Readiness: Preparation to align solutions with industry and government needs
- Multi-Stakeholder Market Access: roundtables with corporates, policymakers, and ecosystem partners
- 1-on-1 Mentoring
- Grant Support: Milestone-based grant support for select pilot-ready startups
- Long-Term Alumni Ecosystem: Continued alumni access for selected startups
- Access to VC connects and grants
Who can apply
- Tech-enabled circularity-centric ventures
- Incorporated in India
- Operational for at least a year
- Market-ready product
- Early-revenue startup, and pilot-ready (TRL 5+)
- Operational for less than 10 years, team of 50 or fewer
How selection works: Application Submission → Application Review → Screening by Program Team → Jury Evaluation → Venture Due-Diligence → Onboarding into the Program
How to apply: Apply through the online application form on the programme page, or register interest for a later intake.
Climate Incubation Hub
IncubationAn incubation programme for climate-tech startups with early revenue, run with Hindustan Unilever.
Best for: Tech-enabled climate startups with a market-ready product and customers
- Early revenue
- About 6 months
- Online
- Free
- Grant support for selected startups
With Hindustan Unilever
What you get, who can apply and how to applyHide details
The Climate Incubation Hub covers clean energy, climate-smart agriculture, nature-based solutions and carbon markets. Beyond mentoring and cohort learning, Hindustan Unilever offers selected startups pilot opportunities and structured corporate validation.
What you get
- Tailored Mentorship from mentors, IIM faculty, and industry experts
- Cohort-Based Learning
- Financial support to scale solutions
- Investor Pitch Day
- Extensive Networking
- Product-Market Fit support
- Governance & Strategy
- HUL Demand Side Enabler: Pilot opportunities within HUL’s Agri-sourcing, packaging, etc
Who can apply
- Tech-enabled, climate-focused ventures
- Incorporated in India and operating for at least a year
- A market-ready product with an existing customer base
- Generating early revenue
How selection works: Application Submission → Application Review → 1:1 Conversation with the Program Team → Panel Review → Venture Due-Diligence → Onboarding into the Program
How to apply: Register interest through the form on the programme page to hear about the next intake.
Circular Innovation Incubation Program
IncubationAn incubation programme for startups working on circularity in agriculture, plastics and glass.
Best for: Circular-economy startups in climate-smart agriculture, plastic and glass circularity
- Early revenue
- Hybrid
- Free, no equity
- Grant support for selected startups
With Pernod Ricard India Foundation
What you get, who can apply and how to applyHide details
This programme supports registered companies with a proven proof of concept or early revenue, working on climate-smart agriculture, plastic waste or glass recycling and recovery.
What you get
- Go-to-Market Guidance & Expert Mentorship
- Alternate Sources of Funding and Fundraising Readiness
- Access to Corporate & Industry Network
- Impact Measurement Readiness and Leadership Capacity Building
- Access to VC connects and grants
Who can apply
- Registered as an LLP or private limited company
- A proven proof of concept or early revenue, with a scalable business model
- At least one year in operation
- Working on the circular economy, climate-smart agriculture or plastic waste
How to apply: Register interest, or apply through the online application form on the programme page.
Mobility Startups Incubation Program
IncubationA six-month incubation programme run with Maruti Suzuki, with a route to a paid proof of concept.
Best for: DPIIT-recognised technology startups in mobility and allied sectors, under 10 years old
- MVP – Early revenue
- 6 months
- Hybrid
- Free, no equity
- Grant support for selected startups
With Maruti Suzuki
What you get, who can apply and how to applyHide details
The mobility programme covers green manufacturing, mobility infrastructure, vehicle technology, industrial digital transformation and clean technology. Depending on the use case, selected startups can secure a paid proof of concept with Maruti Suzuki.
What you get
- Opportunity to secure a paid PoC with Maruti Suzuki, depending on the viability of the product use case
- Access to Domain Experts
- Investor Connect
- Prizes: a Maruti Suzuki car and an opportunity for international immersion for selected startups
- Guidance on Regulations
- Need Assessment & Mentoring
- Access to VC connects and grants; may become Maruti Suzuki Business Partner
Who can apply
- In operation for less than 10 years
- Recognised by DPIIT as a startup
- A technology-based company
How selection works: Application Submission → Application Review → Panel review with NSRCEL team & Mentors → Panel Review with Maruti Suzuki Team → Due Diligence → Onboarding into the Program
How to apply: Apply through the online application form on the programme page. Questions go to nsrcel.mobility@iimb.ac.in. Past applicants can reapply, showing their progress since.
Sustainable Mobility Incubation Program
IncubationAn incubation programme with ALSTOM for startups in mass mobility, energy infrastructure and rail technology.
Best for: Market-ready, revenue-generating mobility and energy startups incorporated in India
- Early revenue
- About 6 months
- Free, no equity
- Grant support for selected startups
With ALSTOM
What you get, who can apply and how to applyHide details
Run with ALSTOM, this programme focuses on integrated mass mobility and last-mile solutions, shared mobility platforms, energy infrastructure, rail digitalisation and clean technology. Interest is recorded on a rolling basis rather than through a dated call.
What you get
- Mentoring from mentors, IIM faculty, and industry stalwarts
- Governance advice
- Cohort-Based Learning
- Founder Mindset
- Build Product-Market Fit
- Networking and Connects
- Grant Support (best startups receive grants from a corpus fund)
- Virtual workshops, one-on-one mentoring, masterclasses with a sustainability/mobility lens, peer learning
Who can apply
- In operation for at least a year
- Incorporated in India
- A market-ready, tech-enabled product
- An existing customer base and revenue
- Solo founders accepted
How selection works: Application Submission → Application Review → Conversation with the NSRCEL Team → Panel Review → Due Diligence → Onboarding into the Program
How to apply: Record your interest through the form on the programme page. Questions go to sustainabilityincubationprogram@iimb.ac.in.
Renewable Energy Incubation Centre
IncubationA 12-month incubation centre for renewable-energy startups, run with KREDL, FSID at IISc and UNSW Sydney.
Best for: Renewable energy and climate-tech startups at TRL 3 or above, Karnataka-based or deployable there
- Prototype – Growth
- About 12 months
- Hybrid
- Free
- Grant support for selected startups
With KREDL, FSID (IISc), UNSW Sydney
What you get, who can apply and how to applyHide details
The Renewable Energy Incubation Centre combines mentoring with lab access and technical validation, pilot and policy connections in Karnataka, and masterclasses led by UNSW. Karnataka-based startups are prioritised.
What you get
- Tailored Mentorship (business model, GTM, unit economics, scale roadmap)
- Lab Access & Technical Validation (lab support, prototype testing, IP and commercialization-readiness inputs)
- Policy, Pilot & Market Access (DISCOM connects, government pilot pathways, corporate partnerships, regulatory guidance in Karnataka)
- Grant & Funding Support (grant support, investor readiness, pitch preparation)
- Global Exposure (UNSW-led masterclasses, international innovation ecosystem access)
Who can apply
- Renewable energy or climate-tech focus
- Working prototype / validated solution (TRL 3+)
- Incorporated startup entity
- Full-time founding team
- Karnataka-based or deployable in Karnataka
- Early-stage to growth-stage startups
How selection works: Application Submission → Application Review → 1:1 Venture Review → Panel Evaluation → Venture Due Diligence → Cohort Onboarding
How to apply: Fill the Express Your Interest form on the programme page; the link to the full application appears after you submit it.
Fintech Centre of Excellence
Centre of ExcellenceNSRCEL's fintech centre, running a 3–6 month cohort for revenue-stage fintech startups alongside an open founder community.
Best for: Revenue-generating fintech startups from seed to pre-Series A
- Early revenue
- 3–6 months
- Free, no equity
With Government of Karnataka
What you get, who can apply and how to applyHide details
The Fintech Centre of Excellence covers payments, lending, wealthtech, insurtech, regtech, financial infrastructure and inclusion. Startups in its portfolio include BimaKavach, PensionBox, Rang De, Butter Money and Fundfina. Interest can be registered year-round.
What you get
- Access to Sandbox & Regulatory Connects (compliance, early policy signals, regulatory sandboxes)
- 1:1 Sessions with Industry Experts (stress-test GTM roadmap)
- PeerConnect founder community
- Investment Readiness (investor conversations, narrative sharpening, round structure advisory)
- Access to Partnership Connects with banks and corporates for pilots, distribution, co-development
- Workshops/AMAs with regulators, tech & infra partners
- IIMBx Fintech Skilling Program (curated learning by IIMB faculty and industry experts)
- Fintech Circuit community
Who can apply
- Fintech or allied areas
- Revenue-generating, with an existing customer base
- Seed to pre-Series A, or recommended by an investor
- A tech or tech-enabled product that is ready for market, with traction
- Registered in India
How to apply: Apply through the form on the centre's page, or join its open founder community, the Fintech Circuit. Questions go to fintech.coe@nsrcel.iimb.ac.in.
Beyond Borders Program
ProgrammeA market-access programme for international startups expanding into India — not an incubation route for Indian founders.
Best for: International growth-stage startups entering India
- Growth
What you get, who can apply and how to applyHide details
Beyond Borders helps overseas startups test and enter the Indian market through customer discovery, regulatory orientation, go-to-market support and introductions to customers and investors. It has no published application form; NSRCEL asks interested organisations to get in touch by email.
What you get
- Market validation and customer discovery
- Regulatory and compliance orientation for India
- Go-to-market and localization strategy
- Introductions to customers, investors, and partners
- Sector-specific demo days and showcases
- Targeted B2B and investor meetings
- Visits to innovation clusters and corporate hubs
- Policy dialogues and ecosystem roundtables
Who can apply
- Growth-stage, innovation-driven international startups ready to expand into India
How to apply: There is no application form. Interested startups contact the NSRCEL team by email to discuss fit.
Climate Centre of Excellence
Centre of ExcellenceNSRCEL's climate centre, bringing together its climate and sustainability programmes.
What you get, who can apply and how to applyHide details
The Climate Centre of Excellence is a hub rather than a single cohort. It brings together NSRCEL's work on climate and sustainability, including the Circular Bharat Accelerator, the Climate Incubation Hub, the two mobility programmes, the Circular Innovation Incubation Program and the Renewable Energy Incubation Centre.
Incubation tracks
NSRCEL, IIM Bangalore runs a virtual track, so you can join without relocating.
Two programmes are built as multi-stage journeys, where founders move to the next stage by selection rather than automatically.
| Track | Type | Space | Includes |
|---|---|---|---|
| Women Startup Program – Foundations of EntrepreneurshipOnline, five weeks. For women aged 18 and above with a feasible business idea. The first half of the Entrepreneurship Base Program. | Pre-incubation | — | — |
| Women Startup Program – Pre-IncubationOnline, eight weeks, for selected Foundations participants building an MVP. | Pre-incubation | — | — |
| Women Startup Program – IncubationHybrid, eight months, for India-based women founders with equal or majority ownership and an MVP, revenue or at least 100 sign-ups. | Resident incubation | — | Mentoring, Network connects, Need assessment, Grant support for selected ventures, Co-incubation with partner institutes, Pro-bono legal and company-secretarial advice, Milestone tracking, Cohort-based learning, In-person bootcamps |
| Women Startup Program – Scale HubContinuous, for growth-stage alumni: scale advisory, global expansion support, market access and investor showcases. | Acceleration | — | — |
| Campus Founders – Foundational pre-incubationVirtual phase for applicants selected through the mentor panel round. | Virtual incubation | — | — |
| Campus Founders – Hybrid incubationFor ventures with strong customer validation, well placed to enter the market within 6–12 months. | Resident incubation | — | — |
| Campus Founders – Milestone-based mentoringHigh-touch mentoring for ventures in the market-entry phase, with milestone-based funding support for a small number of ventures. | Acceleration | — | — |
| Launchpad – Pre-incubationHybrid, five months, with two in-person bootcamps in Bengaluru. | Pre-incubation | — | — |
Labs & facilities
Equipment and space on campus.
NSRCEL's organisation pages do not describe its facilities in detail. The entries below are what individual programme pages state.
Workspace and lab suites
Healthcare Incubation Program participants get access to workspace, product innovation labs and lab suites.
Lab access and technical validation
Access via FSID (IISc)
For Renewable Energy Incubation Centre startups: prototype testing and technical validation through programme partner FSID at IISc.
Support services
Help offered alongside funding and space.
Support varies by programme. These are the services NSRCEL's programme pages describe.
Business advisory
One-on-one mentoring from NSRCEL's mentor panel, IIM Bangalore faculty and industry experts, across programmes.
Regulatory support
Regulatory sandbox and compliance connects for fintech startups, and regulatory guidance in the healthcare and mobility programmes.
Legal & finance
Pro-bono legal and company-secretarial advice in the Women Startup Program, and legal and finance advisory for healthcare startups.
IP & patents
IP advisory for healthcare startups, and IP and commercialisation-readiness input for renewable energy startups.
Market access
Pilot and partnership routes that vary by programme, such as a paid proof of concept with Maruti Suzuki, pilots with Hindustan Unilever, and bank partnerships for fintech startups.
News
- Fuelling The Ambition Of India’s Women Entrepreneurs: Kotak Bizlabs And NSRCEL Announce Next Edition Of The Women Startup Program.tripurastarnews.com · 2 months ago
Source: Google News aggregated
How to apply to NSRCEL, IIM Bangalore
Start by choosing the right programme
NSRCEL's programmes are not interchangeable, and applying to the wrong one is the most common way to be screened out. Match your stage first:
- Still validating an idea: Launchpad.
- A student or recent graduate with a working prototype: Campus Founders.
- A woman founder at any stage: the Women Startup Program, which you enter at the stage that fits.
- A revenue-stage tech startup with DPIIT recognition: Velocity – Kotak BizLabs.
- Working in climate, circularity, mobility, renewable energy, healthcare or fintech: the sector programme for your field.
- A social enterprise with proven pilots: Impact Orbit.
How applications work
Each programme has its own online application form. When a programme is between cohorts, its page asks you to register interest instead, and several programmes only reveal the final application form after you submit that interest form. Apply to one programme at a time: NSRCEL asks for one idea per applicant.
How selection works
Most programmes follow the same sequence: application review, a conversation with the NSRCEL programme team, a pitch to a mentor or jury panel, due diligence for growth-stage programmes, and onboarding. Sector programmes with a corporate partner, such as the mobility programme with Maruti Suzuki, add a review by the partner's team.
What reviewers look for
- A clearly understood problem. Launchpad asks for deep understanding of the problem, backed by validation, before a solution.
- Evidence that matches the programme's stage. Growth programmes expect revenue and existing customers; Campus Founders expects a working prototype.
- Full-time commitment. Several programmes state that founders must be committed to the venture full-time.
- Progress since last time. Past applicants can reapply, and are asked to show what has changed since their previous application.
About NSRCEL, IIM Bangalore
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 co-founder of Infosys, and it works from the IIMB campus on Bannerghatta Road in Bengaluru.
NSRCEL does not run a single incubator programme. It runs a portfolio of them, each built for a different kind of founder: idea-stage teams, student founders, women entrepreneurs, social ventures, and revenue-stage startups looking to scale. Most programmes are delivered with a corporate or government partner, among them Kotak Mahindra Bank, Goldman Sachs, Capgemini, Maruti Suzuki, Hindustan Unilever, ALSTOM and the Government of Karnataka.
How NSRCEL programmes work
Programmes run as cohorts with a defined intake, rather than as open-ended residencies. NSRCEL groups them into three families: idea and prototype programmes such as Launchpad, Campus Founders and the Healthcare Incubation Program; growth programmes such as the Women Startup Program, Velocity – Kotak BizLabs, Impact Orbit and the sector accelerators for climate, circularity, mobility and renewable energy; and two Centres of Excellence, for climate and for fintech.
Every programme that states a fee policy is free to join, and most state that NSRCEL takes no equity. Several offer grant support to selected startups, though selection into a programme does not guarantee a grant, and amounts differ by programme and cohort.
Applications are made programme by programme, through an online application form. When a cohort is not open, most programme pages invite founders to register interest for the next intake instead. Selection usually follows the same shape: an application review, a conversation with the NSRCEL team, a pitch to a mentor or jury panel, due diligence for the growth programmes, and then onboarding.
Who can apply
NSRCEL's programmes are open to founders from across India, not only to IIM Bangalore students or alumni. Several accept solo founders, and most expect founders to be committed full-time. Eligibility then depends on the programme: some require a working prototype, some require revenue and existing customers, and the Velocity and mobility programmes require DPIIT recognition. The sector programmes accept only startups in their field.
Scale
On its homepage NSRCEL reports more than 3,657 ventures incubated, 15,901 ventures impacted and 35,792 jobs created. Its about page lists more than 100 mentors and 20 industry partners across 25 sectors. These are NSRCEL's own figures, and its pages do not always agree with one another.
Who runs it
NSRCEL is led by its CEO, Rasika Prashant, and sits within IIM Bangalore's innovation structure alongside IIMB Innovations. Its board draws on IIM Bangalore faculty and on founders and executives from companies including NIRAMAI Health Analytix and Info Edge.
Get in touch
Send a message to NSRCEL, IIM Bangalore — we'll forward it on your behalf.
Who they work with
Stage
Sectors
Technology
Tags
The team
Rasika Prashant
CEO, NSRCEL
Prof. Rejie Georg Pallathitta
Chairperson, NSRCEL; Professor, Strategy Area, IIM Bangalore
Anand Sri Ganesh
Director, IIMB Innovations
Vijaykrishnan TS
CFO
Prof. Dinesh Kumar
Director-in-charge, IIM Bangalore
Dr. Geetha Manjunath
Founder, CEO and CTO, NIRAMAI Health Analytix
Hitesh Oberoi
Co-promoter, MD & CEO, Info Edge India
K Ganesh
Serial entrepreneur; Partner, GrowthStory.in
Prof. Venkatesh Panchapagesan
Professor, Finance & Accounting Area, IIM Bangalore
Frequently asked questions about NSRCEL, IIM Bangalore
What is the full form of NSRCEL?
NSRCEL stands for NS Raghavan Centre for Entrepreneurial Learning.
What does NSRCEL, IIM Bangalore do?
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.
Where is NSRCEL, IIM Bangalore located?
NSRCEL, IIM Bangalore is located at Indian Institute of Management Bangalore, Bannerghatta Road, Bilekahalli, Bengaluru, Karnataka 560076.
What programs does NSRCEL, IIM Bangalore run?
NSRCEL, IIM Bangalore currently has 1 open programme: Kotak BizLabs Season 3 Accelerator. 8 further programmes have run in the past.
Which NSRCEL programme should I apply to?
It depends on how far along your startup is. Idea stage: Launchpad and Women Startup Program. Prototype stage: Launchpad, Campus Founders, Healthcare Incubation Program and Women Startup Program and others. MVP stage: Launchpad, Campus Founders, Healthcare Incubation Program and Women Startup Program and others. Early revenue stage: Healthcare Incubation Program, Women Startup Program, Impact Orbit – Tech-Enabled Social Innovations and Impact Orbit – Skilling & Livelihood Innovations and others. Growth stage: Goldman Sachs 10,000 Women, Women Startup Program, Impact Orbit – Tech-Enabled Social Innovations and Impact Orbit – Skilling & Livelihood Innovations and others. Check the programme's own eligibility before applying — several programmes are sector-specific.
Do NSRCEL, IIM Bangalore programmes charge a fee?
No. Every NSRCEL, IIM Bangalore programme that states a fee policy is free to join, including Launchpad, Healthcare Incubation Program, Goldman Sachs 10,000 Women, Women Startup Program and Impact Orbit – Tech-Enabled Social Innovations and others.
Does NSRCEL, IIM Bangalore take equity?
No. NSRCEL, IIM Bangalore states that it takes no equity in Goldman Sachs 10,000 Women, Women Startup Program, Impact Orbit – Tech-Enabled Social Innovations, Impact Orbit – Skilling & Livelihood Innovations and Impact Orbit – AgeTech Innovations and its other programmes that state a policy.
Does NSRCEL, IIM Bangalore provide funding?
Selected startups in some NSRCEL, IIM Bangalore programmes can receive grant support, including Launchpad, Campus Founders, Healthcare Incubation Program, Women Startup Program and Impact Orbit – Tech-Enabled Social Innovations and others. Grant amounts are set per programme and cohort, and selection into a programme does not guarantee a grant — check the programme's own page for current terms.
What sectors does NSRCEL, IIM Bangalore support?
NSRCEL, IIM Bangalore works with startups in FinTech, HealthTech, CleanTech, Mobility, Social Impact and AgriTech and other sectors.
What stage of startup does NSRCEL, IIM Bangalore support?
NSRCEL, IIM Bangalore supports startups at the Ideation, Validation, Early Revenue and Growth stages.
What facilities does NSRCEL, IIM Bangalore offer?
NSRCEL, IIM Bangalore offers Workspace and lab suites. Incubatees also get access to Lab access and technical validation through its host institution.
How do I apply to NSRCEL, IIM Bangalore?
Start by choosing the right programme NSRCEL's programmes are not interchangeable, and applying to the wrong one is the most common way to be screened out. Match your stage first: - Still validating an idea: Launchpad. - A student or recent graduate with a working prototype: Campus Founders. - A woman founder at any stage: the Women Startup Program, which you enter at the stage that fits.
Who runs NSRCEL, IIM Bangalore?
Rasika Prashant (CEO, NSRCEL), Prof. Rejie Georg Pallathitta (Chairperson, NSRCEL; Professor, Strategy Area, IIM Bangalore) and Anand Sri Ganesh (Director, IIMB Innovations).
Who is the CEO of NSRCEL?
Rasika Prashant is the CEO of NSRCEL, IIM Bangalore.
Where do I log in to apply to NSRCEL programmes?
NSRCEL, IIM Bangalore takes applications through its own Accubate portal at nsrcel.accubate.app. Each programme opens its own form there when its intake is open.
When was NSRCEL, IIM Bangalore founded?
NSRCEL, IIM Bangalore was founded in 1999. It operates as an academic.
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