A group has apparently been established by the Ministry of Electronics and Information Technology (MeitY) to develop the national framework for global capacity centres (GCCs).
The National Association of Software and Service Companies (NASSCOM), GCC consulting firms Zinnov Consulting and ANSR, accounting giant KPMG, and the national investment promotion and facilitation agency Invest India make up the newly established committee, according to a media report that cited people with knowledge of the situation.
In order to centralise and deliver its business services and technology for worldwide operations, a multinational corporation established a GCC in-house subsidiary in a particular place. Notably, a national framework would be established to direct states in promoting GCCs in tier II cities, according to the Union Budget 2025–2026.
The Centre stated at the time that this framework would recommend actions such as infrastructure, talent availability, bylaw amendments, and possible industry cooperation.
Madhya Pradesh Showing Keen Interest to Lead Digital and Technological Sector
Madhya Pradesh also unveiled a specific GCC policy earlier this year in an effort to establish itself as a centre for technology and the digital world.
At the time, the state claimed that the goal of this strategy was to draw in investments in fields including business process outsourcing (BPO), engineering, finance, and information technology.
In order to oversee the implementation of this strategy, the Madhya Pradesh State Electronics Development Corporation Limited (MPSeDC) was selected as the nodal agency. In addition, Bengal intends to implement GCC and semiconductor regulations to entice investment in the GCC, drones, and semiconductor industries.
GCC Market Sprawling its Nexus in India
India is currently experiencing a revolution in technology. A number of AI, machine learning, cloud computing, and blockchain technologies have emerged and been adopted throughout the last ten years.
According to a Zinnov analysis, over 86% of Indian GCC countries used AI and ML at scale for hyperpersonalisation, process automation, and predictive analytics in FY24. In addition, 82% of the centres now use cloud computing as their core infrastructure. In addition to serving the IT and BFSI sectors, the GCC market in India is at the forefront of innovation in fintech, agritech, healthcare, and logistics.
The result of all of this is the development of ability and skills. More than 1.9 million professionals were employed in the Indian GCC in 2024, according to many media estimates.
The government estimates that by 2030, the GCC market in India will be worth $105 billion. Around 2,400 GCC countries are expected to employ over 2.8 million people by that time, securing India’s position as a major global centre for innovation and business operations.
One of India’s top fintech companies, BharatPe Group, has teamed up with the Nasscom Foundation to support female entrepreneurs in Maharashtra regions. 1,500 rural women from six districts—Ahmednagar, Beed, Buldhana, Latur, Sindhudurg, and Kolhapur—have been given the means to formalise and expand their enterprises as part of the “Formal Registration and Digital Market Linkage Program for Women Entrepreneurs,” which has made it easier for them to integrate into the formal economy.
Furthermore, 250 of the 1,500 women received market connections, which improved their financial security and business prospects. By improving financial inclusion and facilitating the expansion of their enterprises, this programme has the potential to significantly improve the lives of rural women entrepreneurs.
BharatPe Cares
The project was started under the umbrella of “BharatPe Cares,” a CSR programme run by the BharatPe Group, and aligns with the brand’s mission to improve lives by providing inclusive, creative, and dependable financial solutions. The effort is part of the BharatPe business PAYBACK’s CSR campaign. The programme’s objectives are to help rural women entrepreneurs run their businesses by formalising MSME documentation and connecting them to the online market. The programme selected individual women entrepreneurs from the ecosystem of the Maharashtra State Rural Livelihood Mission (MSRLM).
Providing Training to Women Entrepreneurs
In addition to pertinent formalisation and market-linking solutions, Local Resource Persons (LRPs) received training on a variety of government programs. In addition, the LRPs held training sessions for female entrepreneurs in rural areas and are anticipated to offer ongoing assistance to facilitate the expansion of their enterprises. Through platforms including MSME Global Mart, GEM, UMEED Mart, and ONDC, the participants acquired market access and learnt about FSSAI licenses, Udyam registration, and Shop Act registration.
The CEO of BharatPe, Nalin Negi, spoke on the collaboration, saying, “The company is thrilled to partner with the Nasscom Foundation to advance rural women’s entrepreneurship in Maharashtra.” BharatPe is committed to advancing financial inclusion and opening doors for female entrepreneurs nationwide. The company has collaborated with a women’s entrepreneurship platform in recent years to support Indian women entrepreneurs as they pursue self-sufficiency and business expansion.
Through this programme, the organisation has been able to connect with rural women entrepreneurs and provide them with the necessary tools to formalise their businesses and take them to new markets, thus facilitating their expansion. In BharatPe’s objective to promote inclusive financial empowerment throughout India, this alliance represents a significant milestone.
By collaborating with the Nasscom Foundation, the company will keep making a positive impact on enabling women entrepreneurs—including those in rural areas—to realise their full potential and add to India’s success narrative.
“We are excited to collaborate with BharatPe to empower rural women entrepreneurs in Maharashtra by providing them with the tools and resources they need to succeed in business,” said Rostow Ravanan, Chairperson, Nasscom Foundation. This programme is a fantastic fit with Nasscom’s mission to help rural women achieve economic independence and sustainable livelihoods. In addition to facilitating these women’s entry into formal business, Nasscom has also helped them reach their full potential and become self-sufficient by giving them access to government programmes, digital market connections, and necessary training.
We all must have heard about the multinational company, “Infosys.” With more than forty years of expertise in managing the systems and operations of multinational organizations, Infosys effectively guides its customers through their digital transformation journey.
India is frequently referred to as the globe’s IT hub, and the credit for this goes to a few jewels. Nandan Nilekani, the co-founder of Infosys, is one of them. He is the guy behind India’s “Aadhar Cards,” which have been used to register 131.68 crore individuals to date. He was the driving force behind India’s IT boom, beginning in 1978 when companies like Microsoft didn’t even exist.
He is a legend and an inspiration to the educated Indian middle class, who perceive him as a guy who has risen to exceptional levels in life only through hard work. After watching his father’s repeated work migrations and following migrations in his early days, he aspired to be an independent entrepreneur.
After acquiring an education from the IIT, where he learned to work hard and perform as part of a team, he was transformed from a small-town youngster to a confident and mature young man. He also grasped the necessity of giving back to society, which is an essential aspect of his persona that hasn’t changed over the years.
Read this article further, to know about the history and journey ofNandan Nilekani, starting from his early life, education, net worth, family, and more.
Nandan Nilekani – Biography
Name
Nandan Nilekani
Born
2 June, 1955
Nationality
Indian
Spouse
Rohini Nilekani
Education
St Joseph’s High school Dharwad, IIT Bombay (BTech)
Nandan Nilekani was born in Bangalore, Karnataka, on June 2, 1955. His parents, Durga and Mohan Rao Nilekani are from Sirsi, a small town in the Northern Karnataka region. Konkani is his first language. In addition to Konkani, he is fluent in Kannada, English, Marathi, and Hindi.
Nilekani attended Bishop Cotton Boys’ School and St. Joseph’s High School in Dharwad, Karnataka PU College Dharwad, and graduated from the Indian Institute of Technology Bombay in Mumbai with a bachelor’s degree in electrical engineering.
Nandan Nilekani – Family
Nandan Nilekani’s father’s and mother’s names are Mohan Rao Nilekani and Durga Rao Nilekani, respectively. His father was the general manager of Mysore and Minerva Mills, and he believed in Fabian Socialist ideas, which impacted Nilekani as a child. Vijay Nilekani, Nilekani’s older brother, works at the Nuclear Energy Institute in the United States.
Nilekani married Rohini Nilekani, whom he met during an IIT quiz contest. Nihar and Janhavi are their two children, both of whom have graduated from Yale University with a bachelor’s degree.
Nandan Nilekani with his Wife Rohini Nilekani
Nandan Nilekani – Career
Information Technology and Infosys
Company Logo of Infosys
He began his career in 1978 at Patni Computer Systems in Mumbai, when he met and was interviewed by N.R. Narayana Murthy. Nilekani, Murthy, and five of his other Patni colleagues resigned in 1981 to establish Infosys. Nilekani became the Chief Executive Officer of Infosys in March 2002 and held the position until April 2007, when he passed over the reigns to his colleague Kris Gopalakrishnan and became co-chairman of the executive board. Nilekani held many positions before becoming CEO in 2002, including managing director, chief operating officer, and president.
From March 2002 to April 2007, he was the company’s CEO. Infosys’ revenue grew exponentially during his five-year term as CEO. He returned to Infosys in 2017 when CEO Vishal Sikka left to become chairman. Upon his return, he relocated the company’s power center from California to Bengaluru.
Nilekani left Infosys in July 2009 to become the chairman of the Unique Identification Authority of India, which he accepted at the request of then Prime Minister Dr Manmohan Singh. As the head of the UIDAI, he was in charge of implementing the Multipurpose National Identity Card, or Unique Identity Card program in India.
This effort intends to equip every Indian inhabitant with a unique identity number, which will be used largely to effectively deliver social benefits. The means of identification was biometric, and the effort to construct a government database of India’s entire population has been dubbed “the world’s largest social enterprise.”
They created Aadhaar, an Indian biometric ID system that includes a database of population information and home locations for Indians. In April 2017, 1.14 billion Indians received their national identification number. Aadhaar was dubbed “the most advanced ID scheme in the world” by World Bank Chief Economist Paul Romer in 2016. This software has been chastised for invading people’s privacy and disclosing sensitive data.
He is the president of NCAER and a member of the ICRIER, which stands for, the Indian Council for Research on International Economic Relations’ Board of Governors. He also belongs to the Bombay Heritage Fund and the World Economic Forum Foundation’s advisory boards.
Nilekani, to promote his book Imagining India: The Idea of a Renewed Nation, has been on The Daily Show with Jon Stewart. He also gave a TED talk about his vision for India’s future in 2009.
NASSCOM
NASSCOM was founded by Harish Mehta, Ashank Desai, Nandan Nilekani, Shiv Nadar, and Narayana Murthy. The National Association of Software and Service Companies (NASSCOM) is an Indian non-governmental trade association and advocacy group focused on advancing the country’s technology industry. Established in 1988, NASSCOM operates as a nonprofit organization, playing a crucial role in shaping and supporting the Indian tech sector.
EkStep
EkStep is a non-profit literacy and numeracy platform. Nilekani is the chairman of EkStep. EkStep, which was founded by the Nilekani with an initial investment of $10 million (about INR 65 crore), aims to solve the ‘learning problem’ by developing a technology-driven platform to assist youngsters in enhancing their ‘learning outcomes’ from a young age. EkStep plans to achieve so through gamified applications available on the Google Play Store.
Politics
In March 2014, Nilekani joined the Indian National Congress and contested the Bangalore South Lok Sabha seat election. He lost by 228,575 votes versus Bhartiya Janta Party’s candidate Ananth Kumar. He joined a committee in December 2016 to look at how consumers in India may make better use of digital payments.
NCAER
Nilekani is the president of the NCAER, which stands for, National Council of Applied Economic Research. NCAER is India’s oldest and biggest non-profit economic research think tank, situated in New Delhi. NCAER, which was launched in 1956, conducts sponsored research and independent economic policy research projects for governments and businesses.
Its research spans practically every aspect of economics, from forecasting to poverty studies. NCAER is one of only a few think tanks in the world that collects primary survey data from homes, businesses, customers, and individuals on a scientific, nationwide scale. The NCAER’s social and economic data sets are frequently utilized in Indian research and analysis.
Nandan Nilekani has made around 20 personal investments to date, which are as follows :
Date
Organization Name
Round
Amount
Mar 13, 2020
Juggernaut
Series A
$672K
Feb 24, 2020
RailYatri
Series B
$14.3M
Feb 24, 2020
IntrCity
Series B
$14.3M
Sep 26, 2018
PharmEasy
Series C
$50M
Apr 27, 2018
IntrCity
Series B
$8M
Apr 27, 2018
RailYatri
Series B
$8M
Sep 19, 2017
Power2SME
Series E
$26M
Jul 11, 2017
ThePrint
Venture Round
₹450M
Jul 1, 2017
Felis Creations
Angel Round
₹5.5M
Dec 26, 2016
ShopX
Venture Round
$5M
Oct 19, 2016
IntrCity
Venture Round
$3M
Nandan Nilekani – Books
Imagining India: The Idea of a Renewed Nation
Rebooting India: Realizing a Billion Aspirations
Nilekani co-authored his third book with Tanuj Bhojwani, “The Art of Bitfulness: Keeping calm in the digital world” which was released in January 2022.
Doctor of Science (Honoris Causa) by IIT Bombay during the Institute’s 57th Convocation
2017
Lifetime Achievement Award from E & Y, CNBC- TV 18 conferred India Business leader award for the outstanding contributor to the Indian Economy-2017, and India Today magazine ranked him 12th in India’s 50 most powerful people of 2017 list
2011
NDTV Indian of the Year’s Transformational Idea of the Year Award, and Doctor of Law degree by the Rotman School of Management at the University of Toronto
2009
‘Legend in Leadership Award’ by the Yale University, and the Time magazine placed Nilekani in the Time 100 list of ‘World’s Most Influential People’
2006
Padma Bhushan, and Businessman of the Year by Forbes Asia
2005
Joseph Schumpeter Prize for innovative services in the economy, economic sciences and politics
2004
Corporate Citizen of the Year at the Asia Business Leaders Award (2004) organised by CNBC
FAQs
Is Nandan Nikaleni still with Infosys?
Nandan Nikaleni is the Non-executive chairman of Infosys.
What is the net worth of Nandan Nikaleni?
The net worth of Nandan Nikaleni is $3.4 billion (September 2024).
What are Nandan Nilekani’s education qualifications?
Nandan Nilekani is a graduate of the Indian Institute of Technology Bombay in Mumbai with a bachelor’s degree in electrical engineering.
What is Nandan Nilekani age?
The age of Nandan Nilekani is 69 years, he was born on June 2, 1955.
We believe that every startup has a unique journey to pursue, which is based on the idea that requires a right push in the right way. Regardless of the stage, your startup is in, it requires significant guidance to move forward and have successful accomplishments. We have attempted to make a List of Incubators and Accelerators in Mumbai that would help you in making the right choices for your business.
Mumbai isn’t just the well-off city, but the Economic Hub of India, that has various Industrialists, CEOs, Entrepreneurs, Well-known companies, Directors, Producers, Artists, and what not! The place ‘Mumbai’ has its own culture and architecture that makes it the spot of tourist attraction. Well, a place that is full of life and energetic minds, requires a mentor and a financial supporter for building up the initial base of the dreams.
List of top 21 Incubators & Accelerators in Mumbai
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Being India’s first FinTech Accelerator Program, Rise was created by Barclays in partnership with the Zone Startups. It has an intensive 18-week cohort-based program that offers a wide community to interact and collaborate with. It assists companies to gain major milestones throughout the journey. If you are working on building an amazing solution based on finance, cyber security, data analytics, cryptocurrency, wealth management, insurance and digital banking then this is the place you can consider looking into.
Rise Accelerator offers:
Mentorship.
Introduction to key industry experts.
Access to Barclays technology, insight and expertise.
Access to Global Community.
Industry Connections.
Investors Access.
UnLtd India
UnLtd India – Startup Incubator in Mumbai
With a view as to how the socio-economic problems hinder the growth of the country and the economy at large, UnLtd India acts as a launchpad for zealous individuals whose potential ideas can be a solution to the prevailing socio-economic problems. Their major focus is on early-stage social entrepreneurs to help them with providing opportunities and accelerate the growth of their organisation that can have a huge impact on society. If you are an Individual with an innovative Idea that can have a positive and sustained Impact at a large scale, therein open to feedback and Incubation, then this is the right place for you to pitch in.
Espark Viridian Ventures supports early-stage as well as growth-seeking startups as a business accelerator across India. Their main idea is based on how they shape the mindsets that in turn shape the entrepreneur in you. With accelerating more than 340 startups, they are playing a major role in the Indian Startup ecosystem. The most unique feature in their program, that sets them apart from others is ‘Enablement’, wherein an Enabler (Startup Coach) is assigned to each startup throughout the journey of the startup in the course.
Frequip, Oranjtag, Carpiko, Garam Box, Findmedz, etc. are some of the startups that gained support from Viridian Ventures in their journey.
It is one of India’s Top Startup Incubator which is widely known for its integrated approach. The approach offers mentorship, funding, networks of successful founders, product experts and unicorns. It invests in the range of $500 to $1 million, with its wider presence across India, Dubai, UAE and Hongkong. Some of its Incubated Startups – Lenden, Purple Style Labs, Inc42, Supr, Flickstree, Cleardekho, Beardo, Chai Break among many.
Society for Innovation and Entrepreneurship (SINE)
SINE – Business Incubator in Mumbai
To encourage and develop tech startups, SINE was established as an umbrella organization at IIT Bombay to provide support to tech-based entrepreneurs and ventures. It acts as an incubator and accelerator to startups and helps them in their journey to scale up their business.
Their portfolio comprises various startups with sectors Cleantech, Fintech, IoT, IT/ICT, Medtech, and others. Acuradyne Systems, Ayati Devices, Bellatrix, Ayu Devices, Connect Plus, Chainworks Digital, Inphlox Water Systems, Navork Innovations, etc. are some of the startups showcasing in their portfolio.
SINE offers:
Government collaboration.
Industry-level training from experts.
Product development & Manufacturing.
Up to 3 years incubation support.
Electronics & Prototyping.
Access to SINE Labs.
Infrastructural & Tech support.
Business Network.
Amplifi Asia
Amplifi Asia – Accelerator for SaaS Startups
Being positioned as Asia’s leading enterprise tech, SaaS dedicated venture accelerator, Amplifi Asia provides a holistic and magnificent ecosystem for tech startups in Asia. With a hands-on team of successful leaders and experienced entrepreneurs, it tends to provide support to the early-stage ventures in their journey of establishment and Growth. Regions that are mainly focused on them are India, Singapore, Hong Kong, Taiwan and Israel. Being dedicated to tech-based startups with the main highlights of AI, Blockchain, IoT, AR and VR are of major concern. They have a wide range of partner networks including Google cloud platform and AWS. The alumni startups of Amplifi Asia are Tellofy, Travdots, Varsito, Keito, Dave.ai, Superwise among many others.
Amplifi Asia offers:
Mentoring & Guidance.
Access to global entrepreneurs, advisors, and investors.
ISDI Creative Accelerator, powered by Microsoft Ventures
An interdisciplinary accelerator program designed by the Indian School of Design and Innovation (ISDI) and powered by Microsoft Ventures. Their main aim is to create a collated environment of academics, entrepreneurship, industry and capital with an understanding of design thinking. It will provide an opportunity for budding entrepreneurs to launch/restructure their business with an intensive 6-month program. It would mainly comprise technology, design and business innovation.
ISDI Creative Accelerator offers:
Access to business support partners.
Mentoring & Guidance.
Support in design strategy and branding.
Capacity building.
Funding support.
Investors’ Connection.
Zone Startups India
Zone Startups India – Accelerator in Mumbai
Zone Startups, a Startup accelerator spread across the world, offers strategic guidance to accelerate the market validation of the startups. In addition to providing seed capital and post-funding support, Zone Startups also focuses on networking, customer acquisition, and consulting practices. With a wide range of business experts and mentors, startups can gain in-hand knowledge on various aspects of the business. The focus on sectors is widely spread to Data Analytics, Education, Enterprise, Financial, Health, IoT, Media, and Social.
Its portfolio includes- Actofit, Advenio, Aasaanpay, Difin, Dive, Genecorp, Plackal, Sherelt, Uberlit, Zybra and many more.
The Z Nation Lab recognizes all that is needed to run a startup and tends to achieve success with its strong value proposition to lead the startups to reach the growth stage. With a foothold in the Indian market and presence in Silicon Valley USA, Z Nation lab provides access to global markets and the community. They do not only help in making strategic decisions, scaling up technology, structuring a team, market analysis but also gear up to aid in raising the next round of funding. They are not particular about the kind of sector or industry that the startups focus on, but it is more of being innovative and providing technological solutions to solve real-world problems.
The portfolio includes Hiotify, GetParking, Knight Fintech, Office Pulse, ONN among many.
Z Nation Lab offers:
Access to the global community and global market.
Helps in raising the next round of funding.
Business and Tech support.
Startupbootcamp FinTech
Startupbootcamp FinTech – Accelerator in Mumbai
With more than 870 startups accelerated, Startupbootcamp provides invaluable support and guidance in the journey of early-stage tech ventures. They have accelerator programs spread across Amsterdam, London, New York, Singapore, Australia, and many others, thus providing access to the global community and market. They work with many leading brands like Intel, Cisco, Mastercard, Deutsche Bank, Airbus Group, Google Cloud, and many others.
Startupbootcamp offers:
International Networking to mentors, investors, and partners.
It is a business development driven accelerator for high growth startups. With a major focus on seed funding, it offers an on-site accelerator program for about 16weeks. They invest up to INR 10 Lakhs along with other benefits like server credits, workspace etc.,
Being promoted by MITCON Consultancy & Engineering Services Ltd., MITCON TBI is sponsored by the Department of Science and Technology, Government of India. It is concentrated on various disciplines in Biotechnology, Agriculture, Food Processing, and Pharmaceutical. As a TBI, the incubator centre focuses on rural entrepreneurship that would lead to boosting the economy of the country.
MITCON Technology Business Incubator Centre offers:
Consultancy & Training.
Tech and Business support.
Specialized services to Biotechnology & Agriculture SMEs.
Workspace & Information centre.
Computing facilities.
NASSCOM 10000 startups
NASSCOM 10000 startups – Startup Incubator in Mumbai
NASSCOM aspires to build and nurture the Indian Startup Ecosystem via various programs under them. They have programs relating to Incubate, Virtual Incubate, NIPP (NASSCOM Industry Partnership Program), and Integrate (Global Acceleration). It is associated with esteemed funding partners which include CrunchBase, Nexus, Indian Angel Network, etc.
Some of their startups include Asksid, Headway.ai, Bigtrade, Bombay Play and many more.
Being one of the leading Entrepreneurship parks, Scitech is supported jointly by the NSTEDB, Department of Science and Technology, Government of India, and Savitribai Phule Pune University. The primary aim of this park is to provide aid to innovative and tech-based startups in various areas which include Pharma, Biotechnology, Foodtech, Agriculture, Cyber Security, IT, Cleantech, etc. It had established an independent Business Incubator “Growth Lab” to support startups in their journey of growth.
Some of the incubated companies include – GisDox, Toshvi, Relationware, iZone Technologies, VB Infotech among many.
Scitech Park offers:
Incubator management.
Mentoring.
Access to a wider network.
Legal & accounting assistance.
ISME ACE Accelerator
ISME Ace – Startup Accelerator in Mumbai
It is one of India’s largest Fintech Accelerator, with a major focus on early-stage ventures. It assists startups in developing a scalable business with real customer data. It is part of India’s largest Innovation & Entrepreneurship Ecosystem which is designed for developing India’s financial services sector.
JioGenNext – Startup Accelerator in Mumbai backed by Reliance Industries
Reliance Industries backed accelerator, JioGenNext provides an extraordinary platform for startups to flourish in the Jio ecosystem. It aims to help the young-minded and enthusiastic technopreneurs with a spark to achieve growth with speed, scale, and sustainability that is incomparable.
Apiria, Ayasta, Fingage, Payeasy, Zoapi, Puzzelo, Pioctave, Mozzo, etc. are some of the startups that accelerated.
JioGenNext offers:
Mentoring & Guidance.
Networking.
Business & Tech assistance.
Centre for Incubation and Business Acceleration (CIBA)
CIBA – Accelerator in Mumbai
Being supported by the Department of Science & Technology under the Startup India Action plan, CIBA acts as a support system for startups in their journey of establishment. From consultation to seed funding and growth acceleration, CIBA aims to provide a collaborative environment to the entrepreneurs and build the startup ecosystem.
CIBA offers:
Workspace facilities.
Prototyping lab.
Management and Networking support.
Business plan assistance.
Seed funding.
Mentoring & Training programs.
Professional support services (CS, CA, Legal, Branding).
YES Fintech
YES Fintech – Accelerator in Mumbai
A platform comprising of YES Bank and Fintech startups that aims to create and develop innovative solutions for the market. Their major focus areas include Digital Payments, Cybersecurity, Big data & Analytics, Digital Banking, Lending, Wealth tech and process automation.
YES Fintech offers:
Funding Access & Mentorship.
Digital Banking Tools.
Customer Access.
Global Market.
ThinQbate
ThinQbate – Incubator in Mumbai
ThinQbate, a startup incubator, provides an ecosystem to entrepreneurs filled with knowledge sharing, infrastructure, vast community, and capital adding value to the business. With the partnership with Hatcher+, a data-driven venture firm that uses machine learning and AI to identify early-stage opportunities, Thinqbate will be helped by them as a significant role in the funding process. Startups include- Calamus, NapNap, Redesyn, Loyalty, Taleho, SuperFan, Physiz, etc.
ThinQbate offers:
Training & Mentoring.
Access to a vast community.
Infrastructural support.
Backend operations.
Legal & tax assistance.
Follow on investment opportunities.
Business development support.
Incubation Center, S.P. Jain Institute of Management and Research (SPJIMR)
SPJIMR plays an important role in promoting entrepreneurship and thereby setting up an Incubation centre that helps startups in venturing in the right direction. It is envied for providing opportunities to SPJIMR students, alumni, and faculty. The assistance provided by this centre will help startups achieve various milestones in their journey.
SPJIMR offers:
Mentoring & Training.
Business-related assistance.
Access to potential investors & VCs.
Venture Nursery
Venture Nursery, India’s first angel-backed startup accelerator, is based on the belief that the success of noteworthy startups plays an important role in the ecosystem. It tends to undertake various mentoring roles and training that would help the entrepreneurs with all the needed support like infrastructural, learning, etc.
Its portfolio includes Talview, Oyo rooms among many.
Venture Nursery offers:
Connect to various Angel investors and Industry experts.
This was our list of Incubators & Accelerators in Mumbai. If you are not among them, then connect with us at shubham@startuptalky.com to get featured in the list.
FAQs
What are Startup Incubators?
Startup Incubators are the organization that help newly found and early-stage startups to scale their business.
What does a startup incubator do?
Startup incubators help entrepreneurs grow their business by providing workspace, seed funding, mentoring, and training.
What is Startup Accelerator?
Startup Accelerator is the combination of two words – Startup and Accelerator. A startup is a newly established business whereas an accelerator is either a person or an organization that causes something to happen or develop more quickly.
So when combined together, startup accelerators are the organizations that support early-stage, growth-driven companies through education, mentorship, and financing.
What is the difference between an incubator and an accelerator?
In simple words, Accelerators focus on scaling a business while incubators focus on innovation.
Should you join a Startup Incubator or Accelerator?
Startup Incubator or Accelerator helps the startup at the initial stage to take their business to a higher level. They provide guidance, mentoring, funding, infrastructure, coworking space, investors, etc. to startups in order to scale their business. They can be a good source of advice for early-stage startups.
Which are the top startup incubators and accelerators in Mumbai?
Here’s the list of top startup incubators and accelerators in Mumbai.
Rise Accelerator
UnLtd India
Espark Viridian
Venture Catalysts
Society for Innovation and Entrepreneurship (SINE)
Amplifi Asia
ISDI Creative Accelerator – Microsoft Ventures
Zone Startups India
Z Nation Lab
Startupbootcamp FinTech
ScaleMinds
MITCON Technology Business Incubator Centre
NASSCOM 10000 startups
Science and Technology Park (Scitech Park)
ISME ACE Accelerator
JioGenNext
YES Fintech
ThinQbate
Incubation Center, S.P. Jain Institute of Management and Research (SPJIMR)
Centre for Incubation and Business Acceleration (CIBA)
The role of startup Incubators and Accelerators has a significant impact on the Indian Startup Ecosystem. Hyderabad, being the major city of the technology industry and termed as the “City of Pearls”, embraces many budding and successful entrepreneurs. For budding entrepreneurs, Incubators and Accelerators in Hyderabad play an important role in building up the startup ecosystem with a unique and adaptable business model.
While ‘Incubators’ mainly focus on the innovative aspect of the early-stage venture to build an effective business model and incubate attention-seeking ideas, the ‘Accelerators’ often look into scaling the business leading to impactful growth and development. Though the accelerators and incubators are different theoretically, the practical aspect seems to be a little different with coinciding aims and features.
The startups or early-stage ventures need to choose the right incubator or an accelerator based on their interests and requirements. Thus, we are here to help you in making a wise decision by providing you with a comprehensive list of top startupIncubators and Accelerators in Hyderabad.
By fostering the Culture of Innovation, T-Hub tends to empower the startups to build at a fast pace, create a strong network of stakeholders, and accelerate innovation. T-hub is a incubators in Hyderabad that aims in enabling and empowering the ecosystem in need of innovation. They do so, by having partnerships with various corporate partners, government agencies, and institutions.
By building up a vast network of investors, this startup incubator aids entrepreneurs by giving them access to funding and other essentials. With the major focus on tech-based hyderabad startups, it aims to get better technology and talent to the ecosystem.
T-hub offers-
Investor network
Funding
Mentoring
Landscape enablement
Government support
International Institute of information (IIIT) – CIE
IIT-Hyderabad is one of the top startup incubators in Hyderabad. The hyderabad incubator promotes entrepreneurship and technology scalability through the Centre For Innovation and Entrepreneurship (CIE), which is considered one of the largest academic technology incubators in India. With a major focus on deep tech, IIIT CIE acts as an incubator and accelerator to startups.
To create and scale technologies like visual informatics, med tech, data engineering, robotics, machine learning, and gaming, they support early-stage ventures in the best way possible. IIT-Hyderabad is a start up incubators, that has a pool of programs that is designed for startups that aims to help them scale their operations and create a successful identity.
Their portfolio includes – SmartLabs, Pinoty, Niche ai, Cyrrup, Studioz, Froogal, FreJun, Pay Matrix, Vitara, Devathon, Bliss among many others.
NASSCOM, one of the leading startup incubators in Hyderabad, aspires to build and nurture the Indian Startup Ecosystem via various programs under them. They have programs relating to Incubate, Virtual Incubate, NIPP (NASSCOM Industry Partnership Program), and Integrate (Global Acceleration).
It is associated with esteemed funding partners which include CrunchBase, Nexus, Indian Angel Network, etc., It is also one of best startup incubators in India and some of its startups include Asksid, Headway.ai, Big trade, Bombay Play and many more.
Nasscom offer-
Community connect
Challenges and Hackathons
Mentors and Evaluators
Consulting sessions
Startup kits etc.,
TBI – University of Hyderabad
In the year 2006, the Technology Business Incubator (TBI) at the University of Hyderabad, was sanctioned as a program under The Department of Science & Technology, Government of India. This incubation centre in Hyderabad, has the thrust areas being Biotechnology, Pharma, and Renewable energy.
TBI is a startup incubator aims to encourage and quicken the growth of small enterprises in the chosen areas. In an attempt to nurture local development and skilled graduates, TBI concentrates on providing for product development and commercialization.
Association of Lady Entrepreneurs of India (ALEAP) is one of the essential incubation centres in Hyderabad that focuses on eco-friendly products like Jute, Paper, Textiles, and Compost. The incubator centre at ALEAP is known as We-Hub, and is known to be a startup incubation center in Hyderabad, as it is theheart of innovation and excellence for the startup ecosystem.
Intending to fulfil entrepreneurial dreams, We-Hub is startup incubators provides a well designed and strategic environment to let startups fly high where the sky is only the limit. To foster women entrepreneurship and lead their development as successful entrepreneurs, We-Hub attempts to provide an innovative approach and financial sustainability.
Thrust areas being Electronics, Food Processing, Textiles, Robotics, Solar Power, Plastic, IT, etc. Baby prints, Transcell, Ind Millet Foods, Laundry Basket, Persun Technologies, etc., are some of the startups incubated under We-Hub.
ALEAP offers –
Infrastructural support
Networking and Marketing hub
Mentoring
UnLtd Hyderabad
As affiliates of UnLtd India, UnLtd Hyderabad, one of the best accelerators in Hyderabad, follows Unltd India’s type of incubation support. The essential aspect of the incubation program under UnLtd Hyderabad is the major focus on social entrepreneurs.
This startup accelerator helps startups with various opportunities to heighten their growth as leaders and to enable them to deliver superior performance that would have a huge impact on society at large. Right from piloting the idea of building it and taking it to a wider scale, UnLtd amplifies its services with diverse inputs and mentoring.
The four main I’s’ that is concentrated upon while evaluating the incubates are – Individuals (Entrepreneurial characteristics & commitment), Idea (Innovative & Problem solving), Impact (Long termed & Sustained), and Incubation ( Feedback & support).
Progress Labs is a Tech-based start up incubator, that attempts to address the business or technological challenges with a lack of existent solution. The Challenges for startup incubation can range from lack of resources to build solutions on their own to improvement in the value of the business, Progress labs come in to redefine the issues, look for opportunities and design a pilot with the latest technology.
Progress Labs help startups in areas of the project include Conversational UX, Enterprise Software, Adaptive Security, AR & VR, Digital Health, AI, Blockchain, IoT, and Application Architecture. The team at this hyderabad incubator includes data scientists, software engineers, product management, UX Designers, etc., based on the level of the project.
The Progress Labsprocess includes-
Defining the project
Sign up for the pilot
Operate with the founding tech team to scope up.
a-Idea (TBI)
Association for Innovation Development of Entrepreneurship in Agriculture (a-Idea), is a renowned Technology Business Incubator (TBI) that is hosted and supported by the National Academy of Agricultural Research (NAARM), Department of Science & Technology, GOI.
To promote entrepreneurship culture in the area of agri-business and food processing, a-Idea attempts to provide immense support to incubate and accelerate the growth of the early-stage ventures. This incubation centre in Hyderabad, helps startups inconceptualizing the idea to business development and incubation with accelerating growth, a-Idea is at the forefront to scale the operations of the business to a higher level.
a-Idea offers-
Mentoring & Training
Research
Networking
Business & Infrastructural support
Workshop & seminars
Laboratory facilities
Tec support
Investment & advisory support
Connect to supporting organizations in the field of agriculture & research
Agri Bio Nest
It is an initiative taken up by an Idea to nurture and support the biotech startups in the Indian Startup Ecosystem. It is supported by the Biotechnology Industry Research Assistance Council and Agri Biotech Foundation (ABF). Agri Bio Nest is a leading incubators in Hyderabad, as it promotes biotechnology for sustainable agriculture development.
This startup incubators mainly focuses on Plant tissue culture, Biofertilizers, Seed Development, Organic Manures, Biofortification and Soil & Water testing. Any entrepreneur or hyderabad startup with a passion to ideate on commercializing products in the domain of Agri-Biotech can approach and get necessary support via incubation.
The Atal Incubation Centre – Centre for Cellular & Molecular Biology (AIC-CCMB), is an eminent technology business incubator that majorly supports deeptech. Being the hub of life sciences & biotech, this centre is supported by the Atal Innovation Mission of NITI Aayog.
The main aim of this hyderabad incubator is to promote and cultivate the nature of entrepreneurship in this dynamic environment with the help of various programs and activities. Tardigrade, Sifrbio, Achira, Althion, Avra, Bio Artis are some of the alumni startups under this startup incubator.
Atal Incubation Centre offers-
Mentoring
Connect with Industry experts & consultants
Funding support
Infrastructural support
Equipped biosafety level labs
Nutri Hub
With the support of the Department of Science & Technology (DST), Government of India, Nutri Hub is one of the unique technology business incubators in Hyderabad that tends to nurture the needs of startups in the Nutricereals sector. This startup incubators encourages innovative & budding entrepreneurs to scale up the growth of Millets (Nutricereals).
Nutri Hub is one of the best incubators in Hyderabad, conducts various events that range from cooking with millets, promotion of millets to seminars on company management & sensitization workshops. The main mission of this hyderabad incubator entails the enhanced growth of the millet value chain, that converts ideas into illuminated Agribusiness in Nutricereals.
Areas of interest include Seed management, Millets processing, Supply chain, Agronomy, Farm Mechanism, IoT and Agri Health services. Startups Incubated: Inner Being, Health Sutra, Health e Basket, Go Bhaarati, Rigdam, Hope Foods, Argolite among many.
It is a premier Science park and incubator in Hyderabad to cater to the entrepreneurs’ ecosystem with leading innovation. It helps Med-tech hyderabad startups build their business with prominent research amenities and assistance.
This incubation centre in Hyderabad, launches various innovation scouting programs in partnership with the Bill & Melinda Gates Foundation, Govt of Karnataka, DST, DFID, etc. Incubatees include Laurus Labs, AgNext, Telluris Biotech India, Ortin Biotech, Agrin Life Sciences, Innovo Biotech, Iven Aqua among others.
It is another one of the top startup accelerators, incubators and entrepreneurship centres set up in Hyderabad. TEZ is a well known accelerators and incubators and aims to enhance and nurture the skills among entrepreneurs and build an effective startup ecosystem. TEZ provides a hands-on program with an intense focus on mentorship provided by industry experts, making it one of the best startup accelerators.
This startup accelerator has designed a 6-months module that assists entrepreneurs with insightful inputs for sustaining the growth of the business. Its portfolio includes- Papers n Clips, Razen Customs, Prewento, Fitza, Kosem, Chem Direct, Eggsplode, Just Analyze among others
TEZ offers:
Mentorship
Office space/Infrastructural facilities
Consultancy from various professionals
Fund Facilitation
Training
Conclusion
Though there is a significant difference between Incubators & Accelerators in the Indian Startup Ecosystem, they mainly look forward to a better startup establishment. Keeping in mind the dynamism prevailing in the environment, many institutes/firms provide both incubation and acceleration for startups with personalized and flexible options. With these tips, you can find the startup accelerators and the best incubators in Hyderabad.
This was our list of Incubators & Accelerators in Hyderabad. If you are one among them, then connect with us at shubham@startuptalky.com to get featured in the list.
To select a good startup incubator you have to research, find a incubation centre near you, look at the mentorship, make sure the timing is right, refine you company story, check your equity fundamentals, ask for a referral, and then work on perfecting you pitch.
How many startups are in Hyderabad?
Hyderabad is known to have over 3000 startups out of 20,000 starrtups present in the country. Which is why there are many good startup incubators in Hyderabad.
How do incubators make money?
Incubators in Hyderabad or around the countrymake money by take eqiuty stake ins in multiple startups. They also earn money by selling incubation services to startups, sponsors among other ways.
How do incubators work?
The best startup Incubators usually help startups improve or succeed by providing them with workspace, seed funding, mentoring and training for various sectors.
Do Incubators and Accelerators provide funding?
Yes incubators and accelerators provide seed funding especially during the early stages of the startup.
What is the difference between Incubators and Accelerators?
The difference between Incubators and Accelerators is that accelerators are more finance-focused, whereas incubators may focus more on mentorship and coaching
