NSRCEL Startups


CasaJoya, a project supported by Goldman Sachs 10,000 Women, emerges victorious at the 2023 Digital Women Awards presented by SheThePeople TV. Recognized in the Impact category, this venture, led by co-founder Kanchan Garg, is dedicated to empowering individuals striving to establish fashion brands that seamlessly blend style and functionality.


PhiCommerce, an NSRCEL-incubated start-up stemming from the centre’s Fintech Incubation Programme in collaboration with ICICI Securities, secured $10 million in its Series A1 round. The funding, spearheaded by BEENEXT and bolstered by Opus Ventures, propels PhiCommerce towards its goal of digitizing unexplored segments in payments, transcending traditional payment processing.


Upcyclie, spearheaded by founder Namrutha Ramanathan and incubated under NSRCEL’s Women Start-up Programme, emerged triumphant at the Digital Women Awards 2023 presented by SheThePeople TV. Honored in the Impact category, this endeavor is committed to combatting fabric waste and advancing a circular economy. By crafting high-quality products from discarded fabrics, Upcyclie, led by Namrutha Ramanathan, is pioneering sustainable practices and environmental consciousness.