Deadline: 9 January 2025
The NSRCEL is partnering with automobile company Maruti Suzuki India Limited to help startups working on technology and mobility based innovations that can be applied in the automobile and automotive sector.
This is a 6-month incubation program designed for automobile and mobility startups in MVP/paid pilot to scale up stage.
Benefits
- Access to Domain Experts
- Mentors, industry experts, and professionals from diverse fields guide startups, fostering skill development and steering ventures towards success
- Investor Connect
- Tailored investor engagement and personalized portfolio support throughout the fundraising journey
- Need Assessment
- Thorough analyses to uncover distinctive hurdles providing targeted solutions to overcome their bottlenecks
- Guidance on Regulations
- Expert interventions that simplify and make accessible the complexities of navigating regulatory landscapes
- Mentoring
- Access to mentoring support from subject matter experts, industry veterans, policy analysts, and CEOs/entrepreneurs within the relevant domain
- Paid POC with Maruti Suzuki
- Selected startups will get the opportunity to secure a paid POC with Maruti Suzuki, depending on the viability of the product use case
Funding Information
- Prizes Upto ₹1 Cr
- Selected startups will get a Maruti Suzuki car and an opportunity for international immersion.
Who is it for?
- From enabling accessible parking infrastructure to assistive technologies to Data & AI, we look to support innovative technology business models, that have a goal of improving the mobility ecosystem within the following sectors and beyond-
- Green Manufacturing: Manufacturing Materials, Circularity, Logistics & Manufacturing, Sustainable Packaging, Merchandising
- Mobility/Mobility Infrastructure: Traffic Management, Transport Management, Urban Mobility Planning, Rural Mobility, Last Mile Connectivity.
- Vehicle Technology: Autonomous Mobility, Connected Cars, Vehicle Diagnostics, Shared Mobility, Advanced Driver Assistance Systems, Infotainment Systems, Vehicle Safety.
- Data Transformation and Industry 4.0: Big Data Analysis, Data Business/Data Monetization, Generative/Casual AI, Natural Language Processing, Fintech, Warehousing, Supply Chain, Predictive Maintenance, Data Security, IoT, SaaS, Innovation in Retail.
- Clean Tech: EV Tech/EV Infrastructure, Carbon Capture, Utilisation & Storage, Air Quality Management, Hydrogen Fuel Cell Technology, Sustainable Biofuels, Synthetic Fuels, Energy Storage, Energy Efficiency, Vehicle-to-Grid.
Eligibility Criteria
- Should be in operation for less than 5 years
- Should have received funding of less than ₹8-10 Cr
- Should not have more than 50 member team
- Should be a technology based company
- Should be incorporated in India
For more information, visit NSRCEL.