Velocity – Kotak BizLabs
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.

NSRCEL, in collaboration with Kotak Mahindra Bank, is empowering early revenue stage ventures through Velocity – Kotak BizLabs, a CSR initiative by Kotak Mahindra Bank. This program is designed to support startups across all revenue stages- from those seeking product-market fit to established businesses focused on market expansion and sustainable profitability. With expert mentorship, a strong network, and hands-on guidance, founders are equipped to build scalable processes, strengthen team capabilities, and tackle growth challenges.
Through Velocity – Kotak BizLabs, startups receive the tools, connections, and expertise needed to turn challenges into opportunities and achieve meaningful milestones in a competitive landscape.
Program Highlights
Product and Market Strategy
Driving product refinement through comprehensive market insights, identifying target customer segments, developing robust sales strategies, and implementing iterative improvements to achieve sustainable growth and market positioning.
Mentorship and Networking Ecosystem
Providing unparalleled access to an extensive network of alumni, industry experts, venture capitalists, and entrepreneurs, creating collaborative opportunities and fostering a conducive environment for startup success.
Program Impact
Entrepreneurs Engaged
Startups Incubated
Funds Raised
Direct Jobs Created
Direct Jobs Created
NSRCEL Funds Deployed
Annual Recurring Revenue
Program Eligibility
To be part of this exclusive program, you must:

Registered Firm

Revenue-Generating

Post-MVP, Market-Ready

Existing Customer Base
Sectors In Focus

Deep Tech for Impact
Building science-driven solutions using AI, IoT, robotics, and more. Focused on solving complex social, environmental, and industrial challenges.

Agritech
Modernizing farming with innovations in crop, soil, and supply chain tech, aiming to boost productivity, sustainability, and farmer livelihoods.

Climate Tech
Developing solutions to address climate risks and carbon emissions, that supports mitigation, adaptation, and resilience across sectors.

Fin Tech
Digitizing financial services for better access, speed, and inclusion, which also covers payments, lending, insurance, and wealth management.

Inclusive Tech
Creating tech that empowers underserved or marginalized communities with a focus on accessibility, affordability, and digital equity.

Ed Tech
Enhancing how the world learn through digital platforms and personalized tools that improve reach, engagement, and outcomes in education.

Healthcare
Driving innovation in diagnosis, treatment, and health monitoring and also improving access to affordable, quality healthcare at scale.

Waste Management
Innovating across recycling, disposal, and upcycling to reduce environmental impact – driving a circular economy that transforms waste into value.

Clean Tech
Harnessing green energy and low-impact technologies for sustainability, thus enabling cleaner production, transport, and energy use across sectors.

Sustainable Manufacturing
Shifting to eco-friendly, efficient industrial processes that minimize waste, all while reducing emissions and conserving critical resources.

Solutions Targeting Climate Impact
Building focused innovations that directly address climate vulnerabilities – essentially supporting energy, agriculture, and infrastructure with resilient models.

Supply Chain and Logistics
Using technology to optimize sourcing, transport, and delivery systems while enhancing visibility, responsiveness, and end-to-end efficiency.

Indigenous Art and Craft
Reviving traditional arts through tech-enabled platforms and outreach – empowering artisans with scale, market access, and cultural preservation.

Sustainability
Embedding environmental and social goals into business strategy that drives long-term impact across industries and communities.
How can you apply and get started?

Step 1
Application Submission

Step 2
Application 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
Here’s how we bring the startup ecosystem together
Testimonials
Frequently Asked Questions
Who is eligible to apply?
This program is open to ventures that are
- Registerd Firm: DPIIT registered entity
- MVP ready: Should have a fully developed Minimum Viable Product (MVP) that’s ready for market entry
- Revenue-Generating: Should already be generating revenue
- Existing Customer Base: Must have early customers or an established customer base
When can I apply?
Applications are currently closed. You can register your interest in the next cohort using this form: https://nsrcel.accubate.app/ext/survey/516/apply
We will then get in touch with you regarding your application.
What is the duration of the Incubation?
The cohort lasts for 12 months but it does not end there, you will then be a part of our NSRCEL community.
Does the program focus on specific sectors?
YES, we consider applications if you are innovating in these sectors- ClimateTech, Deep Tech for Impact, AgriTech, FinTech, Inclusive Tech, Waste Management, Ed Tech, Healthcare, Clean Tech, Sustainable Manufacturing, Sustainability, Supply Chain and Logistics, Indigenous Art and Craft, Solutions Targetting Climate Impact
Where will the program take place?
The program takes place in a hybrid format with physical events/meetups often taking place in Bangalore or other cities.
I have applied in the past for a different program. Can I apply again?
Sure, but to improve your chances of selection, do highlight additional information on the progress you have made since your previous application.
What does NSRCEL expect from you?
We expect you to be an active participant in all the efforts we put into nurturing your venture.
How much does it cost to apply or participate in the program?
The program is free of cost and no equity is taken from the startups. The program is a CSR initiative by Kotak Mahindra Bank in collaboration with NSRCEL.
Does the program focus on specific geographies?
We consider applications from across all geographies registered in India.
Will my startup get funding in the process?
Selected startups will receive grants of ₹15 Lakh. Additionally, you will have the opportunity to pitch to various VCs and investors.
My question is not answered here. What do I do?
Reach out to us at velocity@nsrcel.iimb.ac.in