19 C
Delhi

Capgemini India and NSRCEL expand their collaboration until 2025

NSRCEL and Capgemini India have announced their collaboration once again for an incubation program in Social Entrepreneurship. Capgemini will support NSRCEL to launch 9 subsequent cohorts of Social Entrepreneurship Incubation programs for 3 years starting from 2023 till 2025.

The NSRCEL – Capgemini incubation program aims to solve the problem of validating solutions for product-market fit and evolving business models in Social Entrepreneurship that can scale. It aims to do so by identifying and incubating startups that are innovating with technology and digital inclusion at their forefront.

Capgemini India and NSRCEL expand their collaboration until 2025 to support tech-driven startups with social innovations

There will be a cohort intake every 4 months. Each cohort will consist of 15-20 early-stage innovations with some market traction and is open for both for-profits & non-profits across sectors. Through this initiative, NSRCEL’s “Impact Orbit” aims to incubate 120 social enterprises in the next 3 years and lead the convergence across for-profit & non-profit business models in India, while also building a support stack of partners & service providers for startup success.

In the past, Capgemini‘s financial and network support to NSRCEL and its ventures came at a critical time during the pandemic in 2020. The collaboration over the last 3 years allowed 4 for-profit startups to pivot and 9 non-profit startups to enter the market from an idea stage. Collectively the 13 ventures have impacted 5.45lakh beneficiaries and gone on to raise 8.5cr+ through grants and equity. These ventures have also built a strong framework for scaling through the support received during the incubation program.

“It gives NSRCEL-IIMB immense pleasure to have an opportunity to work with Capgemini India CSR again, this time for a larger initiative. We are excited to bring them on board as NSRCEL Impact Orbit’s anchor funding partner to incubate 120 social ventures for the next 3 years and help play a pivotal role in us becoming the largest Social Enterprise incubator in India.”- By Anand Sri Ganesh, COO, NSRCEL

“As a leader in digital transformation, it is our firm belief that technology and innovation can be leveraged to create sustainable solutions and an equitable society for all. Capgemini’s Digital Inclusion program relies on two pillars: bridging the digital divide and using technology to ensure social and sustainable development for everyone. Our partnership with IIM-B’s NSRCEL will further enhance this mission by supporting early-stage social ventures to tackle the country’s pressing social problems through scalable and sustainable business models.”, said Anurag Pratap, Vice President & Head of CSR – India, Capgemini.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Raunak Saha
Raunak Saha
A cs engineer by profession but foodie from heart. I am tech lover guy who has a passion for singing. Football is my love and making websites is my hobby.

Popular

TechnoSports-Ad

Related Stories

More from author

Best RTX 3050 laptops for gaming to buy in 2024

NVIDIA has made their budget gaming laptops the best possible with the GeForce RTX 3050 series of graphics cards which is now able to...

Cheapest Places to Buy MacBook Pro 2024 in the World

Cheapest Places to Buy MacBook Pro 2024 in the World - A Complete Guide to get best prices When it comes to buying a MacBook...

Exclusive: Top 6 Best Tablets under 10000 INR in February 2024

Best Tablets under 10000 INR in February 2024 - Everything You Need to Know In search of a new budget tablet that gets your job...

An Exciting List of Top 5 iPhone Refurbished in India 2024

In search of a new iPhone? Don't want to spend much on a new one? These days the iPhone Refurbished in India has expanded...