NSRCEL, IIM Bangalore & Micelio Mobility collaborate to empower clean mobility startups

The collaboration between Micelio Mobility and NSRCEL, IIM Bangalore will provide the critical support that clean mobility startups will need.

Micelio Mobility has signed a Memorandum of Understanding (MoU) with NSRCEL, the incubation hub at Indian Institute of Management (IIM) Bangalore to become their e-mobility ecosystem partner. Under the agreement, both Micelio Mobility and  NSRCEL 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.

Collaboration to provide critical support to clean mobility startups

The collaboration between Micelio Mobility and NSRCEL, IIM Bangalore will provide the critical support that clean mobility startups will need.
Micelio Mobility has a proven record of accomplishment in catalysing clean mobility through the Micelio Fund and Micelio Discovery Studio. The Micelio Fund is INR 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 interacts and collaborate with one another on knowledge, customers and partnerships, according to the official press release.

Commenting on the collaboration, 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 deeper integration of clean technology in the early stages of our startups ”

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