Velocity - Kotak BizLabs : Incubation Program for Revenue Stage Startups | NSRCEL

Bring us your dreams, you crazy dreamers

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.

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.

Access to Grants

Fuel your venture’s goals with grant opportunities for the selected startups.

Demo Day

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

Access to the NSRCEL Startup Kit

With exclusive discounts, credits etc from partners like AWS, RazorpayX, Stripe, Zoho and many more.

Program Impact

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Entrepreneurs Engaged

0 Cr+

Startups Incubated

0 Cr+

Funds Raised

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Direct Jobs Created

0 Cr+

NSRCEL Funds Deployed

0 Cr+

Annual Recurring Revenue

Program Eligibility

To be part of this exclusive program, you must:

Registered Firm

Post-MVP, Market-Ready

Revenue-Generating

Existing Customer Base

Sector In Focus

Deep Tech for Impact

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Agritech

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Climate Tech

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Fin Tech

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Inclusive Tech

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Ed Tech

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Healthcare

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Waste Management

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Clean Tech

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Sustainable Manufacturing

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Solutions Targeting Climate Impact

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Supply Chain and Logistics

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Indigenous Art and Craft

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Sustainability

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How can you apply and get started?

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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

Here’s how we bring the startup ecosystem together

Testimonial

Meet Anurag Joshi, Co-founder, INDrone Aero Systems , a part of Launchpad at NSRCEL

Meet Shantanu Bhede, CEO and Co-Founder of ZERODRAG, a startup of Launchpad at NSRCEL

Meet Sooraj Babu, Founder of Packr Innovations from Launchpad

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

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