IIM-B incubator NSRCEL creates 35000 jobs, $7 billion in value

The Nadathur Sarangapani Raghavan Centre for Entrepreneurial Learning (NSRCEL), the entrepreneurship arm of the Indian Institute of Management Bangalore (IIM-B), has created over $7 billion in enterprise value and generated more than 35,000 jobs since its founding in 2000, the institute said. More than 3,000 startups have been incubated at the centre.

In the next phase, NSRCEL plans to focus on artificial intelligence, deep technology and global partnerships. It aims to introduce AI-enabled learning pathways to increase entrepreneur engagement from about 238,000 to more than one million. In FY25, the incubator supported over 720 ventures across 24 states through a hybrid digital-physical model.

NSRCEL has launched a FinTech Centre of Excellence approved by the Karnataka government with a five-year commitment of Rs 13.24 crore. It is also expanding support for women entrepreneurs through programmes like the Women Startup Programme and Goldman Sachs 10,000 Women initiative.