Fundraising FoxNSRCEL
AcceleratorBengaluru · Pre-Seed–Growth · 30 people tracked
Find your way into NSRCEL
365 people in our graph share verified history with the NSRCEL team — schools, employers, funds. One of them is your warm intro.
Investment thesis
NSRCEL, the entrepreneurship hub at IIM Bangalore, works to build a sustainable entrepreneurial ecosystem across India by partnering with corporates, philanthropists, foundations, universities, and government institutions. It runs a wide range of incubation and accelerator programs spanning fintech, climate, mobility, circular economy, renewable energy, healthcare, and social innovation, supporting founders from idea and prototype stages through growth. The organization emphasizes measurable impact, mentorship, market access, prototyping infrastructure, and investor connections, positioning itself as a national platform that helps startups sharpen strategy, business models, and growth readiness while connecting them to capital and strategic partners.
Source: firm website, verified Sep 27, 2026.
Team · 30 people
from the firm's website
What they invest in
from 20 of 26 portfolio companiesFintech ×16SaaS ×11AI & Machine Learning ×7Enterprise Software ×6InsurTech ×4Data & Infrastructure ×2HR Tech ×2Consumer ×1
HQs:India×13Singapore×1United States×1
Who they back
founder profiles across 8 portfolio companiesFounding team size:solo founder×62 founders×13 founders×1
Where their founders studiedfrom 10 founders with education data
Indian School of Business ×2
What their founders studiedfrom 10 founders with field-of-study data
Business & Management ×6Engineering ×3Finance & Accounting ×2
Portfolio companies · 26 tracked
alumni founders can tell you what the program is really likeAbleCredit provides AI-based credit risk software for lenders' risk teams, generating proprietary risk signals, Vision AI-based in-field fraud detection, and automated post-disbursal Loan Utilisation Checks and Early Warning Signals.
AI & Machine LearningFintechSaaS
Co-investorsMerak VenturesVenture Catalysts
AlmaShines provides an alumni management platform for alumni offices and associations at colleges, universities, schools, and educational programs to build alumni databases, drive engagement, and manage contributions.
EdTechEnterprise SoftwareSaaS
Manohar Sharma(Founder)in
BimaKavach offers product liability insurance for businesses in India, covering third-party bodily injury, property damage, and legal costs arising from defective or harmful products.
AI & Machine LearningFintechInsurTechMumbai, IN
Co-investorsBeyond Capital VenturesEximius VenturesWaterBridge Ventures
Boharr offers a unified wealth product platform delivered under a Platform-as-a-Service (PaaS) model, aimed at wealth management and financial services firms so they can reduce reliance on fragmented software tools.
Enterprise SoftwareFintechSaaS
Vaitheeswaran Santharam(Founder)inSridar Kannan(Founder)inMahadevan Hariharan(Founder)in
BoxPay operates a unified payments platform offering features such as smart routing and reconciliation systems for businesses processing transactions.
E-commerceFintechSaaSSingapore, SG
Bibin David(Founder)Puneet Singh(Founder)inShobhit Mehra(Founder)in
Co-investorsAxilor VenturesSupermorpheus
Butter Money offers a technology platform for home loans and mortgages, helping customers access credit through lending partnerships.
AI & Machine LearningFintechPropTech
Suhail Manocha(Founder)in
Castler provides trust infrastructure for money movement, including regulated escrow banking, white-labeled connected banking, and software escrow for source code and digital IP.
Enterprise SoftwareFintechSaaS
Vineet Singh(Founder & CEO)inDinesh Kumar(Co-Founder & CBO)in
Co-investorsCapital2BFlipkart VenturesRainmatterStride VenturesVenture Catalysts
CleverNav builds AI tools for the insurance industry, serving insurance companies, distributors, and service providers to support how insurance is bought, sold, and serviced.
AI & Machine LearningEnterprise SoftwareFintechInsurTech
Covrzy was a company that provided insurance-related services to clients, working through partners on renewals and coverage.
InsurTech
Co-investorsShastra VCAntler
Dhiway provides a data exchange and continuous-assurance system that attaches cryptographic verification to documents, credentials, events, and registries so they remain verifiable across their lifecycle.
Crypto & Web3Data & InfrastructureGovTechBengaluru, IN
Satish Mohan(Founder)
Fundfina provides cash-flow based working capital financing to micro, small, and medium retailers and merchants through an open marketplace platform.
FintechImpact & Social GoodMarketplacesMumbai, IN
Rahul Tripathy(Founder)in
Co-investorsIIMA VenturesSprint Vc
Inka offers an AI-powered Inka Insurance Report (IIR) that analyzes a user's profile against a database of insurance products to generate personalized, unbiased health and term insurance recommendations, along with Vaani, a conversational AI assistant available around the clock.
AI & Machine LearningFintechInsurTechBangalore, IN
Co-investorsDSC InvestmentIndustrial Bank of KoreaStonebridge Ventures
Lark Finserv provides API-first credit infrastructure that lets wealth platforms, fintechs, and NBFCs offer instant loans against mutual funds and securities without redeeming the underlying investments.
Data & InfrastructureEnterprise SoftwareFintechSaaS
Rohit Pateria(Founder & CEO)in
Multipl is an Indian fintech company offering a "Spendvesting" platform that lets consumers save and invest toward planned lifestyle goals using mutual fund returns and brand discounts, positioning mutual funds as new-age savings accounts.
ConsumerFintechSaaSBengaluru, IN
Paddy Raghavan(Founder & CEO)inVikas Jain(Founder & CIO)inJags Raghavan(Founder & COO)in
Co-investorsBlume Ventures
Mysa is an AI-based finance platform that adds banking, accounts payable, and expense management on top of a company's existing ERP and bank accounts.
AI & Machine LearningFintechSaaSMiami, US
Arpita Kapoor(Founder)Mohit Rangaraju(Founder)Nike Adeyekun(Executive Officer, Director)
Co-investorsEmphasis Ventures
PensionBox is a technology platform for the National Pension System (NPS) in India, letting employees, companies, partners, and parents open, track, and manage pension and retirement accounts with tax benefits.
FintechHR TechSaaS
KuldeepShivam
Co-investorsRainmatterSprint Vc
Saventh runs workplace financial literacy programmes for organisations, starting with seminars and education for employees and offering optional, goal-based investment planning conversations to those who opt in.
FintechHR TechWellness & Fitness
Vishal Wahul(Founder)in
Signalz is a stock market platform connecting expert mentors with retail investors for equity investing.
FintechMarketing TechSaaSIndore, IN
Nitesh Jain(Founder)in
Wealthy Nivesh is a wealth management firm serving high net worth clients in India, offering investment solutions based on a multi-factor investment model.
Fintech
Aditya Gupta(Founder)in
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
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Frequently asked questions
- How many investments has NSRCEL made?
- NSRCEL has 26 tracked investments.
- What stage does NSRCEL invest at?
- NSRCEL invests at the Pre-Seed, Seed, Series A, Growth stages.
- What sectors does NSRCEL focus on?
- NSRCEL focuses on Advanced Manufacturing, AI & Machine Learning, Circular Economy, Cleantech, Climate Tech, Consumer, Data & Infrastructure, Deep Tech, Energy, Fintech, Healthtech, Impact & Social Good, InsurTech, IoT, Logistics & Supply Chain, Mobility & Transportation, New Materials, Quantum Computing, Retail Tech, SaaS, Sector Agnostic.
- Where is NSRCEL located?
- NSRCEL is headquartered in Bengaluru, IN.
- Who does NSRCEL co-invest with?
- NSRCEL most often shares deals with Rainmatter, Sprint Vc, Emphasis Ventures, among 12 tracked co-investors.
Media · Podcasts & interviews
from their channelNext Frontiers in Climate-Smart Agriculture | Circular Innovations Incubation Program | NSRCEL
NSRCEL
Velocity - Kotak BizLabs | NSRCEL
NSRCEL
From Batteries to Bankability | What Will Make BESS Startups Scale in India? | REIC Webinar
NSRCEL
Finsall | FinTech CoE | NSRCEL
NSRCEL
Mysa | FinTech CoE | NSRCEL
NSRCEL
India Needs to Accelerate its Elder Care Innovation Now: Gaps & Opportunities | Webinar | NSRCEL
NSRCEL
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