NSRCEL
AcceleratorBangalore Β· Pre-SeedβGrowth Β· 3 people tracked
Investment thesis
NSRCEL positions itself as a launchpad for Indian startups, supporting founders from idea validation through scaling and investment readiness. Its programs span idea-stage incubationβhelping founders validate ideas, understand markets, and build foundationsβand growth-stage acceleration for ventures ready to raise funds, expand markets, and scale sustainably. It runs targeted initiatives including a Women Startup Program, social innovation and impact programs, circular economy work, and rural women entrepreneur growth programs. NSRCEL emphasizes a network of mentors, industry leaders, donors, and partner incubators to strengthen India's entrepreneurial ecosystem, aiming to help founders survive, scale, and thrive.
Source: firm website, verified Aug 3, 2026.
Team Β· 3 people
from the firm's website
What they invest in
from 20 of 26 portfolio companiesFintech Γ16SaaS Γ11AI & Machine Learning Γ7Enterprise Software Γ6InsurTech Γ4Data & Infrastructure Γ2HR Tech Γ2Consumer Γ1
HQs:IndiaΓ13SingaporeΓ1United StatesΓ1
Portfolio companies Β· 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 Ventures
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
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)Shobhit Mehra(Founder)
Co-investorsAxilor VenturesSupermorpheus
Butter Money offers a technology platform for home loans and mortgages, helping customers access credit through lending partnerships.
AI & Machine LearningFintechPropTech
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
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
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
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 VenturesWaterBridge Ventures
Boharr provides a modular wealth management platform for financial institutions, offering CRM, analytics, reporting, and operational tools with pre-built integrations while allowing clients to customize solutions and build their own brand identity.
Enterprise SoftwareFintechSaaS
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)Dinesh Kumar(Co-Founder & CBO)
Co-investorsCapital2BFlipkart VenturesRainmatter
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)
Co-investorsKalaari Capital
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)Vikas Jain(Founder & CIO)inJags Raghavan(Founder & COO)
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
Co-investorsRainmatter
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
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 Circular Economy, Climate Tech, Consumer, Deep Tech, Fintech, Impact & Social Good, InsurTech, Sector Agnostic.
- Where is NSRCEL located?
- NSRCEL is headquartered in Bangalore, IN.
- Who does NSRCEL co-invest with?
- NSRCEL most often shares deals with Rainmatter, Sprint Vc, Emphasis Ventures, among 11 tracked co-investors.
Media Β· Podcasts & interviews
from their channelFrom 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
Startup Essentials Week, Ep4: Getting Started with Agentic AI & Vibecoding with Google for Startups
NSRCEL
Startup Essentials Week, Ep#5 | Canva Essentials for Your Business
NSRCEL
Images
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