IIM Bangalore, Maruti Suzuki, the well-known automobile maker has partnered with Nadathur S. Raghavan Centre for Entrepreneurial Learning (NSRCEL) located on the premises of the popular management institute to incubate startups.
This partnership will help startups working in technology-based innovations that can be applied in the mobility sector.
IIM Bangalore
The tie-up of Maruti Suzuki with IIM Bangalore marks the first-of-its-kind initiative by an automobile company to lend a helping hand to early-stage startups so that they can become a business of a largers scale, said sources.
The tie-up IIM Bangalore with the automobile maker aims at nurturing the next generation companies that are going to define future mobility solution and can make a good deal of contribution towards job generation, said Kenichi Ayukawa, Managing director and CEO of Maruti Suzuki in a statement.
This programme by Maruti Suzuki in association with IIM Bangalore will have a three month pre-incubation programme and an incubation engagement for a period of six months.
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The incubation program for the startups will be conducted by NSRCEL & MSIL, at the startup hub at IIM-Bangalore.
This will select professionals who have technology in digital data and Artificial Intelligence/Machine Learning in the field of autonomous mobility, shared mobility, mobility solution for rural, connected cars, vehicle safety.
Early stage startups will get incubation support and also an opportunity of forming a potential partnership with Maruti Suzuki for fast growth of their venture.
They will get support with regards to need assessment, access to a domain expert, investor connect.
Maruti Suzuki has launched MAIL (Mobility and Automobile Innovation Lab) in January 2019, which supports startups by co-creating innovative business solutions in the mobility space.
The futuristic solutions being developed under MAIL initiative has a positive impact on Maruti Suzuki’s business.
These solutions help to efficiently bring in technological advancements relevant to automobile business.
To expand the collaboration with startups, Maruti Suzuki now plans to engage with IIM Bangalore to incubate startups in the area of mobility.
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Startups with ideas in mobility and technology can submit their application on www.nsrcel.org.
Applicants will be shortlisted based on the viability of the idea and the proposed solution to the problem proposed to be solved.
Selected ventures will enter the 3-month pre-incubation program. These ventures will pitch to qualify for incubation.
Shortlisted ventures will enter a 6-month incubation program.
Talk by an expert
The fourth episode of IIMB Podcast series to be held on 23 August will feature a conversation with Professor R. Srinivasan, a professor in the area of Strategy at IIM Bangalore.
The Communications Office and the Student Media Cell of IIM Bangalore launched the IIMB Podcast series on July 12 this year.
The podcast series aims to become a platform to discuss the latest business, economic, management, and social issues that matter.
The podcast series of IIM Bangalore will run two times a month, on second and fourth Sunday and is witnessing IIM Bangalore fraternity, alumni and students providing their insights and perspectives on the topics of relevance.
Professor Srinivasan of IIM Bangalore in the fourth episode will speak on the shift towards online education and its impact on the offline education system.
COVID-19 has made a significant impact on the education sector with institutes, schools and universities forced to adapt to online models quickly.
In this episode, Professor R Srinivasan will talk about various apprehensions about online education of multiple stakeholders like learners, teachers and educational institutions.
He during the fourth episode of the podcast series by IIM Bangalore will focus on how online learning is leading to changes in learning styles and teaching styles and how infrastructural challenges remain to be a crucial barrier for online education.
This episode also brings out insights on the evolving pedagogy in various institutions and the future of education in a post COVID world.
People willing to listen to the podcast on SoundCloud can click the url ‘https://bit.ly/3g4TNP9’ The podcast of IIM Bangalore can be accessed on Spotify at ‘https://spoti.fi/3hFSoiC’
The podcast can be accessed on Apple Podcasts at ‘https://apple.co/30RVbOV’ The same can be accessed on Google Podcasts at ‘https://bit.ly/39BvOos’
The Indian Institute of Management Bangalore (IIMB) is a leading graduate school of management in Asia. Under the IIM Act of 2017, IIMB is an Institute of National Importance.
IIMB has 109 full time faculty members, about 1200 students across various degree-granting programmes and nearly 5000 annual Executive Education participants.
The logo carries a proclamation in Sanskrit, तेजस्वि नावधीतमस्तु (tejasvi navadhitamastu), which translates as ‘let our study be enlightening’.
The vision is to be a global, renowned academic institution fostering excellence in management, innovation and entrepreneurship for business, government and society.
Located in India’s high technology capital, the institute is close proximity to some of the leading corporate houses in the country, ranging from information technology to consumer product companies, giving it the added advantage of integrating classroom knowledge with practical experience.