NSRCEL Startups
FinTech Innovation Center at NSRCEL Receives Major Boost from Karnataka Government
The Government of Karnataka has approved the establishment of a Centre of Excellence (CoE) in FinTech at NSRCEL, IIM Bangalore, with a substantial investment of INR 13.24 crores over the next five years. This initiative aims to strengthen India’s FinTech ecosystem by fostering innovation, entrepreneurship, and skill development. Out of the sanctioned amount, INR 8.19 crores will fund incubation and acceleration programs to nurture start-ups and entrepreneurs in the FinTech sector, while INR 5.04 crores will be allocated to skilling and training initiatives spearheaded by the IIMBx Digital Learning Foundation. The CoE is poised to empower emerging ventures, facilitate groundbreaking research, and offer advanced training programs to equip professionals and students with future-ready skills. This collaboration highlights the pivotal role of NSRCEL and IIM Bangalore in driving the state’s agenda to position itself as a global leader in FinTech innovation and entrepreneurship.
Navmarg’s Breakthrough Win in Samsung’s ‘Solve for Tomorrow’ Challenge
Navmarg, a research-driven startup nurtured under Campus Founders – the Student Entrepreneurship Programme at NSRCEL, has achieved a significant milestone by winning Rs. 50 lakhs in Samsung’s prestigious ‘Solve for Tomorrow’ competition. Dedicated to addressing critical water challenges, Navmarg leverages cutting-edge technology to combat contamination and ensure sustainable water solutions for societal and environmental welfare. The team’s innovative approach combines scientific research and practical application, setting a new benchmark for startups tackling real-world problems. This recognition underscores the importance of fostering student-led entrepreneurial initiatives, demonstrating how ideas born in classrooms can evolve into impactful solutions. Navmarg’s success reflects NSRCEL’s commitment to nurturing young entrepreneurs and equipping them with resources to solve pressing global challenges.
Silpakarman Honored for Bamboo Cellulose Innovation in Textiles
Silpakarman, a pioneering startup from NSRCEL’s Women Startup Programme, has won the Startup India Textile Innovation Challenge for its groundbreaking Bamboo Cellulose Project. This prestigious competition, organized by the Ministry of Textiles in collaboration with Startup India, Invest India, and Atal Innovation Mission, recognizes transformative ideas in the textile sector. Silpakarman’s innovation focuses on creating sustainable, eco-friendly materials using bamboo cellulose, addressing environmental concerns while fostering growth in the textile industry. By integrating traditional craftsmanship with modern technology, the venture is redefining the potential of natural resources. This award highlights Silpakarman’s commitment to driving change in an industry poised for sustainable transformation and exemplifies the success of NSRCEL’s support for women entrepreneurs leading innovative initiatives.
Gitanjali Saksena Wins ‘R&D Studio of the Year’ Award
Gitanjali Saksena, founder of Lagomworks Consulting and an alumna of Cohort 20 of the Goldman Sachs 10,000 Women Programme at NSRCEL, has been honored with the prestigious ‘R&D Studio of the Year’ award at the Innovation and Excellence Awards 2024. Lagomworks Consulting specializes in innovative research and development solutions, enabling businesses to optimize their processes and achieve sustainability goals. The award celebrates Gitanjali’s commitment to advancing R&D practices that combine creativity with impactful execution. This recognition also underscores NSRCEL’s role in empowering women entrepreneurs through robust mentoring, training, and networking opportunities, helping them achieve global accolades and contribute meaningfully to their industries.
Ipsita Panda’s Houzeome Wins ‘Brand of the Year’ Award
Ipsita Panda, the visionary founder of Houzeome and a member of Cohort 23 of the Goldman Sachs 10,000 Women Programme at NSRCEL, has been recognized as the ‘Brand of the Year’ by Business Connect magazine. Houzeome is a tech-driven platform that simplifies real estate management by offering seamless solutions for community and property administration. Under Ipsita’s leadership, the brand has emerged as a market leader, delivering exceptional value to customers while maintaining a strong focus on innovation and sustainability. This award celebrates her entrepreneurial journey and the impact of NSRCEL’s initiatives in fostering women-led businesses that drive transformation in their respective sectors.
Ashwani Tiwari Receives Ban Ki-Moon Award for Social Impact
Ashwani Tiwari, Founder of Vidhyalay Udhyam Association – School Enterprise Network, a venture incubated at NSRCEL Impact Orbit, has been awarded the Ban Ki-Moon Award by Asia Initiatives for his outstanding contributions to social impact and women empowerment. The award recognizes individuals making a significant difference through innovative solutions and impactful leadership. Vidhyalay Udhyam Association collaborates with government schools to establish maker labs, empowering young girls from underprivileged communities in rural, remote, and tribal areas. By integrating STEM education with entrepreneurship, the initiative has transformed thousands of lives, fostering a culture of innovation and self-reliance. Ashwani’s achievement highlights the critical role of NSRCEL in nurturing ventures that address societal challenges and create meaningful change at grassroots levels.
