Micelio Mobility and NSRCEL, IIM Bangalore come together to help empower clean mobility startups in India
Bangalore – Micelio Mobility has signed an MoU with NSRCEL, the incubation hub at
IIM Bangalore on June 15, 2022, to become their e-mobility ecosystem partner. Together, they will
focus on three areas: Policy – helping startups navigate regulations and propose streamlined policies to
the government; Technology – providing startups with access to state-of-the art testing facilities and a
community to collaborate and share knowledge; and Networks – necessary partnerships for startups to
collaborate.
EVs are picking up steam in the Indian market but the Indian clean mobility industry is still young. This
collaboration between Micelio Mobility and NSRCEL, IIM Bangalore will provide the critical support
that clean mobility startups will need. Transport is undergoing a transformative change that is
unprecedented in recent times – startups will need help navigating new regulations and technologies as
they look to scale, especially in light of recent supply chain constraints.
Micelio Mobility has a proven track record of catalysing clean mobility through the Micelio Fund &
Micelio Discovery Studio. The Micelio Fund is a Rs.150 crore commercial venture capital fund that
looks to invest in early stage startups (Pre-Seed to Series A) with the potential to redefine the future of
mobility in India. The Micelio Discovery Studio is an ecosystem creator that fosters innovation by
providing startups access to state-of-the-art testing facilities at affordable rates to help with their
business development. It is designed as a neutral platform for stakeholders from the entire EV
ecosystem to not just test and prototype products but interact and collaborate with one another on
knowledge, customers and partnerships.
Shreyas Shibulal, Founder & Director, Micelio Mobility says “We are excited to collaborate with
NSRCEL and IIM Bangalore. Our goal at Micelio is to create a supportive ecosystem for clean mobility
that fosters innovation at scale. NSRCEL and IIM Bangalore are leading names for innovation and
quality, and their expertise in incubating startups will help unlock the next stage for clean mobility in
India. Our partnership will help secure a conducive environment for clean mobility startups at NSRCEL
who will be able to avail the testing facilities and vibrant community available at the Micelio Discovery
Studio.”
Anand Sri Ganesh, Chief Operating Officer, NSRCEL says, “The partnership with Micelio Mobility
furthers our goal of building a collaborative and inclusive mobility ecosystem that fosters growth of
innovative mobility startups. With Micelo in our ecosystem, enabling a deeper integration of clean
technology in the early stages of our startups ”