NSRCEL at the Indian Institute of Management Bangalore (IIMB) and nasscom AI are delighted to announce the co-incubation partnership, aimed at nurturing startups specializing in Artificial Intelligence and deeptech. This collaborative initiative underscores NSRCEL’s commitment to fostering technologies and supporting entrepreneurial ventures within the Indian startup ecosystem.
A recent three-month pilot offered startups a hybrid incubation experience, blending virtual and in-person components. Participants accessed NSRCEL's resources and nasscom AI's industry insights, technical mentorship, and advanced AI infrastructure. This collaboration provided specialized workshops, one-on-one mentoring, and opportunities to participate in prominent AI-focused events, accelerating startup growth and visibility. The pilot’s success has reaffirmed the immense potential this partnership offers to Indian AI and deeptech startups.
Upon completing the program, startups seamlessly integrate into NSRCEL’s prestigious alumni network. This affiliation promises continued support, networking opportunities, exclusive access to ongoing events, access to a robust network of potential investors and industry experts and resources essential for sustained growth and success in their respective fields.
“This partnership with nasscom AI marks a significant milestone in our mission to empower India’s next generation of AI and deeptech innovators. Business mentoring plays a crucial role in guiding AI startups through the complexities of emerging technologies and market dynamics. At NSRCEL, we recognize the importance of providing comprehensive mentoring that goes beyond technical expertise. This holistic support ecosystem is instrumental in nurturing these startups, equipping them with the skills and resources necessary to make a transformative impact on a global scale,” said Anand Sri Ganesh, CEO of NSRCEL.
Praveen Mokkapati, Deputy Director-AI of nasscom said, “Our partnership with NSRCEL represents a powerful synergy in the AI startup ecosystem. By joining forces, we're creating a robust platform that will empower the next generation of AI innovators. This collaboration underscores our commitment to building capacity, driving technological advancement, and positioning India at the forefront of the global AI revolution.”
Participating startups in the pilot program included Vitt.AI, Yarnit, Onelogica, Imagined Reality Interactive, Sunix AI, Nuronics Labs, Soket AI Labs, GoCodeo, Vodex, and PaceRobotics.
About NSRCEL:
NSRCEL, the startup hub at IIM Bangalore, is dedicated to supporting entrepreneurs and early-stage ventures through mentorship, funding, networking, and other resources. It has established itself as a premier destination for nurturing innovative startups across various sectors.
For more information, visit www.nsrcel.org.
About nasscom AI:
nasscom ai, a division of nasscom, is the voice of India's AI ecosystem and is dedicated to accelerating India's AI transformation by fostering innovation, collaboration, and responsible development. Through its various initiatives and partnerships with stakeholders, nasscom AI provides robust support to startups and enterprises, enhancing their capabilities with cutting-edge AI solutions. The platform offers access to advanced resources, industry expertise, and strategic partnerships, positioning India as a global leader in AI. With a focus on responsible AI and sustainable growth, nasscom AI is committed to shaping a future where artificial intelligence drives inclusive progress across sectors.
For more information, visit https://www.nasscom.in/ai/.
Editorial Disclaimer: The above press release has been provided by the client. Newzchain will not be responsible in any way for the content of the same.
Want to submit a Press Release? Drop me a word at [email protected]
