Mobility


Incubation Program for Mobility Startups


NSRCEL is partnering with Maruti Suzuki India Limited, to help startups working on technology based innovations that can be applied in the Automobile and Mobility sector.

This is a 3-month (Pre-incubation) followed by 6-month (Incubation) engagement designed for startups in ideation to proof of concept stage working in innovations that can be applied in Automobile and Mobility space to become profit making businesses.

Program Highlights


Access to Domain Experts
Real-time assistance by domain experts.

Guidance on Regulations
Facilitating sessions to keep the entrepreneurs updated with the government regulations in the mobility space.

Investor Connect
Chance To Showcase Ventures Periodically At Startup Events/Exhibitions

Mentoring
Unparalleled Access To Our Extensive Mentor Network Including Alumni, Industry Experts And VCs

Need Assessment
Focus On Area Specific Development Of Ventures And Ecosystem Mapping Of Their Requirements

Opportunity to do a Paid PoC with Maruti Suzuki
Select startups will get incubation support from NSRCEL and an opportunity to do a Paid POC with Maruti Suzuki

Grand Prize


Maruti Suzuki- CIAZ

Best Performing Startup gets a Maruti Suzuki-CIAZ

Who is it for?


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Artificial Intelligence

Autonomous Mobility

Big Data Analysis

Blockchain

Connected Cars

Data Security

Digital Solutions

Finance

Loyalty Program

Rural

Shared Mobility

Supply Chain

Vehicle Diagnostics

Augmented Reality (AR) / Virtual Reality (VR) / Mixed Reality (MR)

Vehicle Safety / Advanced Driver Assist System (ADAS)

Warehousing

Application Process


  • Startups with ideas in mobility and technology can submit their application on www.nsrcel.org
  • Applicants will be shortlisted based on the viability of the idea and the proposed solution to the problem proposed to be solved
  • Selected ventures will enter the 3-month pre-incubation program. These ventures will pitch to qualify for incubation
  • Shortlisted ventures will enter a 6-month incubation program.

Key Mentors


Noritaka Wakuda

Innovator and Marketer
at Maruti Suzuki


Dr. S. Rajagopalan

Founder Director,
IIITB Innovations Centre


Pradeep Varadaraja Banavara

Entrepreneur In Residence(NSRCEL)
Previously Product Head-Grab


FAQ


Before the Program

Early-stage startups who have an innovative technology and solution that can be applied to Automobile and Mobility sector and who fulfill the eligibility criteria listed above

Yes. We accept applications from solo founders.

Each applicant must apply with a single idea.

Sure, but to improve your chances of selection do highlight any additional information of your progress since your previous application with specifics on how your idea can be applied to the Automobile and Mobility sector.

Applications are currently open. The last date to apply for Mobility Startup Incubation is 30th Sep 2020.

Early-stage startups that demonstrate the potential to innovate, implement and create impact in the innovation areas listed in ‘Who is it for?’ section.

Founders are required to be committed to their idea full-time and must demonstrate the ability and entrepreneurial mindset to build and grow an organisation. While we love to work with startups with existing traction and customers, it is not a prerequisite for acceptance into the program.

After reviewing your application, promising candidates will be invited for an online interview. During this time you will be asked to pitch to the panel from NSRCEL and Maruti Suzuki, so we can better understand the solution you have to offer and what you are seeking from the Mobility Startup Incubation.

During the Program

It is free of cost. The program is fully sponsored by NSRCEL and Maruti Suzuki.

All the activities related to Pre-incubation & Incubation will be conducted online

We recommend that at least one of the founders attend the sessions and activities organised as part of pre-incubation and Incubation, to benefit from the sessions and workshops designed specifically for the program.

Pre-incubation is for a period of 3 months and Incubation is for a period of 6 months.

Startups selected for the 3 month program will get invites to attend virtual workshops, one-on-one mentoring sessions, masterclasses designed for Mobility startups, peer-peer learning activities and other networking sessions with our network of advisors and community of founders.

Pre-incubation will help us understand your venture better in terms of your business model, your strengths, challenges, and areas where support is required while you experience the NSRCEL’s way of engagement. Mentoring Interactions, workshops, sessions and events from NSRCEL and Maruti Suzuki can help to take your startup to the next level by building more clarity and being customer-focused.

The pre-incubation period will commence in the 1st week of November. We will update you with the calendar shortly.

2 members including the founder can attend the program.

After the Program

Neither NSRCEL nor Maruti Suzuki take any equity from the ventures,which are part of this program.

At the end of the three months, you will have the opportunity to pitch to our panel for being incubated and for funding support. Selected ventures will be incubated at NSRCEL for the next 6 months.

There is no funding support given to any startups during pre-incubation. Shortlisted ventures will enter a 6-month incubation program.
Winning startup(s) get a paid POC with Maruti Suzuki, and may become a Business Partner to Maruti Suzuki.

Eligibility Criteria


  • Should be in operation for less than 5 years
  • Should have received funding of less than ₹3.5Cr
  • Should not have more than 50 member team
  • Should be a technology based company
  • Should be incorporated in India

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For more details contact

nsrcel.mobility@iimb.ac.in | +91-85538-15789