DBT Bureau
Bhubaneswar, 4 August 2024
NSRCEL at the Indian Institute of Management Bangalore (IIMB) and nasscom AI are pleased to unveil a co-incubation partnership designed to support startups focused on Artificial Intelligence and deeptech. This collaboration highlights NSRCEL’s dedication to advancing technological innovation and bolstering entrepreneurial efforts in 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.”
