Launch · Professional & Local Services
NSRCEL plans AI learning pathways for entrepreneurs
By Startup Enthusiast ·
- Date
- Company
- NSRCEL
- What it does
- IIM-B incubation centre
- Kind
- Launch
- Based in
- Bangalore
- Founded
- 2000
What they do
NSRCEL is the startup incubation centre of IIM Bangalore
What happened
It plans AI-enabled learning pathways with 24/7 personalised entrepreneur support
Why it matters
It has incubated over 3,000 ventures and created over $7 billion in enterprise value
The details
- NSRCEL plans to introduce AI-enabled learning pathways with 24/7 personalised entrepreneur support.
- It currently engages about 238,000 entrepreneurs and aims to reach over one million.
- In FY2025, it supported over 720 ventures across 24 states.
- It shifted its strategy in 2024-25 to hyper-specialised Centres of Excellence (CoEs).
- A FinTech CoE was approved by the Karnataka government with a five-year commitment of ₹13.24 crore.
- NSRCEL has corporate partners including Hindustan Unilever, Goldman Sachs, and Capgemini.
- It operates an open architecture model with 100+ mentors and a Startup Kit of 116+ product/service providers.
- It has collaborations with T-Hub and IIT-Delhi's Fitt for resource and mentor sharing.
The bigger picture
- NSRCEL has incubated over 3,000 startups since 2000, creating over $7 billion in enterprise value.
- Its portfolio startups have raised significant funding: WeVOIS (₹36 crore Series A), Hala Mobility (₹51 crore pre-Series A), FluxGen (₹28 crore), and The Energy Company ($2 million).
- It has supported 1,470 women entrepreneurs cumulatively with the National Commission for Women.
- Its Impact Orbit programme (with Capgemini) has supported 131 tech-enabled social ventures, creating 14,000+ jobs.
About the business
- NSRCEL is the startup incubation centre of IIM Bangalore, established with support of N. S. Raghavan, co-founder of Infosys.
- It uses a hybrid digital-physical model to support entrepreneurs.
- It operates Centres of Excellence in specialised sectors like fintech.
- It positions itself as a hub for sustainability and circular economy startups, aligned with IIM-B's net-zero commitments.
- Portfolio startup Angirus IND makes bricks from 100% recycled plastic.
- Portfolio startup Mitti Café creates employment for people with disabilities and runs over 35 cafés in institutions including Rashtrapati Bhavan and the Supreme Court.
- It runs the Women Startup Programme (supported 341 founders in FY2025) and the Goldman Sachs 10,000 Women initiative (worked with 391 entrepreneurs).
- Its Swavalambane programme (launched 2022 with Karnataka State Rural Livelihood Promotion Society) received over 40,000 applications from 26 districts and selected 150 ventures.
What happens next
- NSRCEL plans to introduce AI-enabled learning pathways with 24/7 personalised entrepreneur support.
- It aims to increase entrepreneur engagement from 238,000 to over one million.
- It will focus on AI and specialised sector support in its next phase.
- It will continue its Sbif Leap (i-Cube) initiative for incubation capacity in underserved regions including Northeast India.
Founders
- Rasika Prashant, CEO
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