NSRCEL & Maruti Launch 4th Incubation Program To Accelerate Mobility Startups (Press Release) | V3Cars

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Here’s what Maruti have to say about the collaboration with NSRCEL:

NSRCEL, the startup hub at the Indian Institute of Management Bangalore (IIMB), in collaboration with Maruti Suzuki India Limited, has launched its 4^th cohort of the Incubation Program for Mobility Startups. This initiative is focused on nurturing startups that are developing technology-based innovations applicable to the automobile and mobility sectors.

The six-month incubation program aims to support  early-stage startups that are in the proof-of-concept and revenue stages. By providing tailored support, the program seeks to transform these innovations into profitable businesses. At the conclusion of the program, select startups will receive incubation support from NSRCEL, along with the opportunity to conduct a paid proof of concept (POC) with Maruti Suzuki, enabling them to validate their solutions in a real-world setting. Additionally, participants will have the unique opportunity to access the Japanese market, opening doors to international partnerships and expansion among other prizes.

The primary goal of the Incubation Program for Mobility Startups is to bring innovative technologies and solutions to market that address the demands of the customer. The program will focus on innovations in areas such as  Green Manufacturing, Mobility/Mobility infrastructure, vehicle technology, Data & AI, clean tech and  Digital Transformation and Industry 4.0.

Anand Sri Ganesh, CEO, NSRCEL said: 

 

Our partnership with Maruti Suzuki is set to drive transformative innovation in the mobility sector. We are pleased to announce the launch of the fourth cohort following the success of the previous three, which showcased outstanding startups developing innovative solutions. We eagerly anticipate the upcoming cohort and the new ideas it will bring to the ecosystem.

The program is customized to meet the unique needs of each participating startup. Throughout the program, startups will benefit from guidance on regulatory matters, interactive workshops, shared learning opportunities, and extensive avenues for business growth.

Additionally, participating startups will have exclusive access to domain experts from Maruti Suzuki, resources from IIMB, and valuable connections with investors in the mobility space.

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