NSRCEL, IIM Bangalore and Micelio Mobility 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 ”