Sustainable Mobility Incubation Program
Register Your Interest
*Note - This form is only for expressing interest in the program. The actual application form is the final step in the registration process.
Register Your Interest
*Note - This form is only for expressing interest in the program. The actual application form is the final step in the registration process.

Program Partner

Ecosystem Partners

Outreach Partner

NSRCEL, in partnership with ALSTOM, is committed to empowering entrepreneurs in the fields of sustainability and mass mobility.
The Sustainable Mobility Incubation Program helps startups create impactful solutions by leveraging innovative technologies, scalable go-to-market strategies, sustainable revenue models, and a supportive policy framework. The program focuses on driving transformative change in India’s mass transit systems and last-mile connectivity through sustainable mobility solutions.
Program Highlights
Mentoring
You will have access to world-class mentors, IIM faculty, and industry stalwarts who will guide you at every step
Governance
Receive expert advice on building robust governance structures to ensure sustainable growth
Founder Mindset
Cultivate a resilient and growth-oriented mindset essential for entrepreneurial success
Build Product-Market Fit
Develop and validate your product-market fit with tailored support and resources
Program Impact
Hours of Individual Mentoring
Ventures Incubated
Sectors Focus on Climate
Mentors Engaged
Mentors Engaged
Partners
Jobs Created
Annual Recurring Revenue
Grants Awarded
Funds Raised (in the last 2 years)
Program Eligibility
To be part of this exclusive program, you must:

Should be in operation for atleast 1 year

Should be Market Ready

Tech-Enabled Ventures

Should be incorporated in India

Have an existing customer base

Revenue-Generating

Should be incorporated in India
Sectors In Focus
From better transit management to enhanced infrastructure and much more, We look to support business models addressing key problem areas across the space of sustainability with the following sectors in scope.
However, we are also keen on interacting with founders beyond the below scope, working on solutions that positively impact and improve the space of sustainable mobility in India.
Integrated Mass Mobility & Last-Mile Solutions
- Unified trip planning and payment systems
- Charging and battery-swapping infrastructure
- EVs for last-mile connectivity
- Shared / Mass Mobility Platforms
- Shared micro-mobility fleets
- Accessibility Enhancement
- Passenger-Friendly Features
Energy Infrastructure
- Electrification Projects
- Smart Grids
- Grid Automation
- Energy Management Systems & Storage
- Renewable Energy Integration for infrastructure
- Energy Regeneration Systems
Technology & Digitalization
- Big Data Analytics
- Inspection, Predictive Maintenance and reliability systems
- Autonomous Train Operation Systems
- IoT Sensors for Infrastructure Monitoring
- Cybersecurity & Connectivity
- Supply chain resilience
Clean Tech
- Carbon Capture & Storage
- Clean Combustion Technologies
- Circular Economy in Railways
How can you apply and get started?

Step 1
Applictaion Submission

Step 2
Applictaion Review

Step 3
Conversation with the NSRCEL Team

Step 4
Panel Review

Step 5
Due Diligence

Step 6
Onboarding into the Program

Step 4
Panel Review

Step 5
Due Diligence

Step 6
Onboarding into the Program
Who are the mentors guiding you?
Lucien Grant Peters
Director of Open Innovation, ALSTOM
Jasvinder Singh
Director – Bids Management (Rail Controls), ALSTOM
Krishna A
Executive Coach, Social Volunteer, Consultant
Lucien Grant Peters
Innovation Champion and Venture Coach, ALSTOM
Sri Krishna
Consultant, Ex – Senior Vice President, Bosch
Umesh Nagarajaiah
Leadership Coach, Ex – Managing Director, Bosch Chassis Systems
Yesudhas Devadhason
Component Development Director, ALSTOM
Muralidharan Sridharan
Chairman, Mobility Aftermarket

Testimonials

“NSRCEL gave me an exceptional incubation experience. The program not only provided access to top-notch mentors, but also connected me with a wide range of valuable resources and tools that were critical to the success of my startup. From business development support to marketing and branding strategies, NSRCEL offered a comprehensive ecosystem that catered to all of my needs as an entrepreneur.”
Niharika
Founder & CEO (Volar Alta)
“The program has been a great value addition for Evoride, from providing a framework to model our business plans and KPI’s to giving access to mentorship from key industry stakeholders and experts. The program has helped us focus key areas of importance and prioritise immediate steps and actions to be taken in our startup journey.”
Abishek Hosangady
CTO (Evoride Motors Pvt. Ltd.)
“The Sustainability Incubation Program was a critical stepping stone in RevX’s growth journey. The program structure was very well defined and outstandingly well executed. The program team’s feedback and need analysis was crucial in optimising our GTM Strategy. We also benefited from a number of valuable industry connects.”
Ankit Kherodiya
Founder (RevX Energy)
“The program has provided us with industry connects, mentorship and access to guidance from business leaders. A highlight for us has been the Micelio connect, which gavce us access to Micelio Labs for our testing. Apart from this, the mentorship offered on refining our business model has been of immense value to us. These are mere examples of the numerous benefits and valuable opportunities that NSRCEL and the Program has afforded us.”
Nipun N Pise
Founder (Flextron)Ecosystem Partners



Frequently Asked Questions
Who is eligible to apply?
Entrepreneurs with a validated, market-ready currently at a late traction stage, fulfilling the eligibility criteria listed above. However, if you are an entrepreneur with a revolutionary concept, we would like to have a conversation with you.
Can a single founder apply to the program?
Yes. We accept applications from solo founders.
If I have applied in the past, can I apply again?
Sure, but to improve your chances of selection do highlight any additional information of your progress since your previous application.
When can I apply?
You can record your interest.
What stage should the startup be in to be eligible?
Startups demonstrating the potential to innovate, implement and create impact in the innovation areas listed in the ‘Who is it for?’ section.
What startups can expect from the program?
Through the program, we look to help startups build organizational capacity for sustainability and expansion, lead them toward market pathways for revenue and profitability, and sharpen their business models and value propositions through the program.
Selected startups can also access virtual workshops, one-on-one mentoring sessions, masterclasses designed from a sustainability/mobility lens, peer learning activities, and other networking sessions with our network of advisors and community of founders.
Will startups receive funding?
The best startups will receive grants as a part of an INR 1.5 Cr corpus fund
What is the fee structure?
The program is free of cost
Do I need to be present for the entire duration of the program?
We recommend that at least one of the founders attend the sessions and activities organized as part of pre-incubation and Incubation, to benefit from the sessions and workshops designed specifically for the program.
How long is the program for?
Startups participating in the program will go approximately through a 6-month engagement which might vary based on the stage of the venture, progression, and need assessment.
How much equity does NSRCEL take from my startup?
We do not take any equity from the ventures that are a part of this program.
What should I do if my question isn't answered here?
You can reach out to us at sustainabilityincubationprogram@iimb.ac.in