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A Kotak Mahindra Bank CSR Initiative

T&C apply. This is an Al-generated creative visual depiction.

Incubation Program for Revenue-Stage Tech-First and Tech-Enabled Startups

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.

Our Impact Over the Past 7 Cohorts

Who is eligible to apply?

Registered Firm

Must be DPIIT
registered entity

Post-MVP, Market-Ready

Should have a fully developed Minimum Viable Product (MVP) that’s ready for market entry

Revenue-Generating

Startups should already be generating revenue

Existing Customer Base

Must have early customers or an established
customer base

Sectors in Focus

What to expect?

 

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.

Access to Grants

Fuel your venture’s goals with grant opportunities of Rs. 15 Lakhs for the selected startups.

Demo Day

Founders undergo a financial readiness workshop and pitch their products to investors and stakeholders to secure funding.

Business Model and Operational Excellence

Providing strategic support in developing sustainable business models, conducting market positioning workshops, offering operational best practices, implementing lean methodologies, and optimizing productivity to support scalable growth.

Incubation Process

Here’s how we bring the startup ecosystem together

Hear From Our Startups

FAQs

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?

      The applications are open for now. You can apply here- https://kotakbizlabs.accubate.app/ext/form/2802/1/apply

      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