21 Startup Incubators And Accelerators In Bangalore

Jeenal Jain Jeenal Jain
Dec 21, 2020 11 min read
21 Startup Incubators And Accelerators In Bangalore

Bangalore, the Silicon Valley of India, has been a hub for entrepreneurs, innovative ventures, and creative-minded people for quite some time now. The growth of the city can be attributed to the increase in the number of innovative early-stage and established businesses. And startup accelerators and incubators play a critical role behind the success of entrepreneurial initiatives. Hence, the fame that Bangalore enjoys would not have been possible without these incubators and accelerators.

Let us first understand the difference between incubators and accelerators. The terms are used interchangeably, and this should not be the case. The image below clears it all.

incubators and accelerators in india
Basic Difference Between Incubators & Accelerators

It is essential to choose the right incubator/accelerator for the growth and development of your venture. To ensure you make the right choice, the team at StartupTalky has curated a list of startup incubators and accelerators in Bangalore.

Bangalore Alpha Lab (BAL)

BAL entails a vibrant community of entrepreneurs and innovative thinkers. A collaborative environment enables its members to interact, inspire, and motivate each other to move forward. Bangalore Alpha Lab offers a co-working area with a pleasant work atmosphere that infuses creativity and productivity. It not only provides an area to work but also offers incubation services to support startups and early-stage ventures in the journey of growth and development. Located near Koramangala, the street of startups and entrepreneurs, BAL acted as a major milestone for various ventures. BAL's portfolio includes Zoomdeck, Buy Hatke, Sign Easy, and many others. Some of its offerings are:

  • Mentorship programs in various fields like technology, marketing, etc.
  • Community meet-ups.
  • Support services (legal, accounting, etc.).
  • Interactive sessions with the community.
  • Collaboration with investors.

Global Incubation Services (GINSERV)

Global Incubation Services or GINSERV is a "technology business incubator and accelerator" promoted by JSS Mahavidyapeetha, Mysore (an educational organization) with support from the National Science & Technology Entrepreneurship Development Board (NSTEDB), Department of Science & Technology (DST), Government of India. Global Incubation Services is the best place for startups to move forward with their initiative using facilities such as auditorium, conference hall, board rooms, and much more. GINSERV has extended a helping hand to Diigkrit, Opendoor Education, Indiamart ventures, and some other entrepreneurial ventures.

Global Incubation Services provides:

  • Seed funding.
  • Market analysis.
  • Assistance from experts.
  • Mentorship.
  • Infrastructure support.
  • Access to the entrepreneurial community.

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Bangalore, the silicon valley of India, is one of the most famous Indian citiesfor entrepreneurs. In this post, we have listed some of the most prominent angelinvestors in Bangalore whom you can reach out to. You will get to know abouttheir background and the sectors they like to invest in. You โ€ฆ

IIIT - Bangalore Innovation Centre

The International Institute of Information Technology, Bangalore provides an exceptional collaboration setup among researchers, innovators, and entrepreneurs. Among the Innovation Centre's initiatives, IMACX stands out and has created various successful ventures with the help of entrepreneurs. It mainly focuses on startups that are developing frontier technologies such as bots, AI, AR, interfaces, and mobile apps.

IIIT, Bangalore has invested in EasyM2M, KickStart Cabs, Chipmonk, and NSmiles.

IIIT - Bangalore Innovation Centre offers:

  • Angel investment.
  • Seed funding.
  • Guidance and support.

Khosla Labs

Khosla Lab is incubation centre based in Bangalore which solves large-scale problems that are driven by technology and the zeal of entrepreneurs. Khosla Labs is a startup incubator and innovation lab that develops ideas with a team of entrepreneurs, tests the idea with effective market validation, and then based on the business plan, funds the idea to form a company led by the entrepreneurs from the lab. Khosla Labs focuses on mobile payments, banking, Aadhaar applications, machine learning, data analytics, and retail efficiency.

Khosla Labs is known for:

  • Khosla Venture Seed Fund that finances projects and startups.
  • Prototype building by its technology team.
  • Prototype testing.

Top Coworking Spaces in Bangalore
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NASSCOM 10000 startups

NASSCOM aspires to build and nurture the Indian startup ecosystem through various programs. It is one of the most startup incubators from Bangalore. NASSCOM has programs such as Incubate, Virtual Incubate, NIPP (NASSCOM Industry Partnership Program), and Integrate (Global Acceleration). It is associated with esteemed funding partners such as CrunchBase, Nexus, and Indian Angel Network.

NASSCOM has played a pivotal role in the success of Asksid, Headway.ai, Big trade, Bombay Play, and many more.

NASSCOM 10000 startups is known for:

  • Community connect.
  • Challenges and hackathons.
  • Mentors and evaluators.
  • Consulting sessions.
  • Startup kits.

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NSRCEL - IIM Bangalore

With exceptional support from corporates, institutional partners, and government agencies, NSRCEL supports successful and emerging entrepreneurs of the Indian startup ecosystem. Since its inception in 2002, NSRCEL has created an irreversible impact on the growth of various early-stage and mid-stage startups.

To date, it has incubated over 250 ventures. Located at one of the most reputed and scenic educational institutions of the country, i.e., IIM Bangalore, NSRCEL has brought together entrepreneurs, academicians, investors, and industry experts. NSRCEL's portfolio includes Edukul, Climber, and Airim.

NSRCEL - IIM Bangalore offers:

  • Mentoring sessions.
  • Pre-incubation LaunchPad (cohort-based programs, guidance, sessions, etc.).
  • Incubation (workspace, mentor/investor connect).

5 Factors to Consider while Choosing Right Startup Incubator
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Srijan Capital

Srijan Capital, an incubator in Bangalore, focuses on early-stage ventures/startups that require angel or seed funding in India. Srijan Capital believes its strength to be in the field of digital marketing and product development. Any incubation undertaken by Srijan Capital is made under the personal capacity of its founder Ravi Trivedi, who values product, customer acquisition, and capital.

The incubator focuses on SaaS, consumer interest startups, and tech startups. Its portfolio includes Tookitaki, Explara, PushEngage, Collate Box, and more.

Srijan Capital emphasizes on:

  • Building and improvising ideas.
  • Mentoring.
  • Incubation and support for at least 2 years.

Tata ELXSI

Being a design company, Tata ELXSI is primarily engaged in creativity, technology, and engineering for various sectors like defense, media, healthcare, etc. With an extended initiative of incubation, it tends to recreate and redefine technology startups in India. Tata ELXSI's areas of interest comprise internet, cloud computing, social, and local applications. It acts as a platform for aspiring and entrepreneurs to conceptualize innovative ideas into something productive and viable.

The company's portfolio includes Big V Telecom, Sismatik Solutions, and Street Smart Mobile Technologies.

T-Hub

By fostering a culture of innovation, T-Hub empowers startups to build at a rapid pace, create a strong network of stakeholders, and accelerate innovation. T-Hub's vision is to stand upright in enabling and empowering the ecosystem in need of innovation. It does so by partnering with various corporate partners, government agencies, and institutions.

By building a vast network of investors, T-Hub aids entrepreneurs by giving them access to funding and other essentials. With major focus on tech-based startups, it aims to provide better technology and talent to the ecosystem.

T-Hub offers the following services:

  • Investor network.
  • Funding.
  • Mentoring.
  • Landscape enablement.
  • Government support.

List of Top 10 Startup Incubation Centers in India | Startup Incubators
In India, startup incubators are also known as startup accelerators are playingthe role of the most needed and important part of the entrepreneurshipecosystem. Startup incubators are organizations that help business people to build up theirbusiness, particularly in the underlying stages. Incubatโ€ฆ

91 SpringBoard

Bangalore, a thriving market of entrepreneurial activity, is home to several co-working spaces owned by 91SpringBoard. These spaces are designed as fully furnished shared office space, where you can connect with people from varied backgrounds and experiences. 91 SpringBoard also conducts various other social events. It not only provides coworking spaces but also assists with HR, design and accounting services, legal advice, digital marketing advice, etc.

91 SpringBoard is know for:

  • Pan India Network access to find opportunities for ventures.
  • Scope for product demonstration.
  • Exclusive services from business partners.

Kstart Capital

An initiative by Kalaari Capital, Kstart Capital focuses on the growth and development of the ventures. It organizes various events related to technical, entrepreneurial, and marketing requirements while providing one the opportunity to showcase skills and product/service. Kstart Capital's philosophy on investments stands on four pillars: the quality of the team, potentiality in idea, market opportunity, and validation.

Square Off, Vernacular ai, Stanplus, Deftouch, Signzy are some startups in Kstart's portfolio.

Some highlights of Kstart Capital are:

  • Integrated platform for startup access.
  • Expert guidance.
  • Re-spacing.
  • Centralizaed resources.

Startup Village

Startup village not only provides support to startups and early-stage ventures but also enables them to turn their business ideas into reality. Startup Village frequently organizes programs for entrepreneurs and interested individuals. It allows one to learn from experienced mentors and industrial experts.

Startup Village has helped Cure House, curis, RentMe, and Virtual deck.

Startup Village offers:

  • Investors connect.
  • Mentorship.
  • Student scholarships.

Excubator

Excubator aids potential startups to scale up and build a network with investors, industry experts, customers, influencers, and other entrepreneurs. Since 2013, it has enabled several startups to transform their ideas into feasible business models.

Excubator's portfolio includes Jigsaw Academy, Hipship, Urbanpiper, InfraEyes, and several others.

Excubator is known for providing:

  • Connect with investors and mentors.
  • Academic framework.
  • Categorized amenities.

Angel Prime

Being an early-stage venture fund, Angel Prime provides capital to startups and also mentors them to transform them into stable and innovative businesses. Angel Prime believe in backing up star teams with innovative and differential ideas. It typically invests in 4-5 companies in a year. The partners at Angel Prime support entrepreneurs for at least 12-18 months in their journey.

Angel Prime's portfolio consists of around 25 startups from sectors such as fintech, SaaS, consumer, healthcare, and B2B. Some of the companies assisted by Angel Prime are Moneytap, MyGate, Perpule, Affordplan, and Kredx.

Angel Prime's main services include:

  • Funding.
  • Mentoring.
  • Post-investment support.

National Design Business Incubator (NDBI)

With support fromthe Department of Science & Technology, Government of India, NDBI was set up within the premises of the National Institute of Design. Right from receiving the applications for incubation and their selection as incubatees, to the formation of enterprise with periodic assessments, NDBI provides wide-ranging assistance and mentorship.

Some of its incubatees are Alabaster, Urban Naps, Oroda Lab, Bee Basket enterprises, Inkoolu Design, Germanium Instruments, and Sarausi Lifestyle.

NDBI offers the following services:

  • Incubation.
  • Assess design-led ideas.
  • Investors connect.
  • Access to mentors.
  • Infrastructural support.

Kyron Global Accelerator ย  ย  ย  ย  ย  ย  ย  ย 

One of Indiaโ€™s leading startup accelerators, Kyron Global Accelerator concentrates on seed funding of startups in addition to mentoring and guidance. The sectors of interest for this accelerator are mobile, social platforms, cloud-based products in the area of travel, education, healthcare, media, financial services, and retail industry. With a wide network of investors, corporate individuals, and industry experts, Kyron is known to wield immense influence.

Cubito, Xpense Manager, Viamagus, Eywa Media Innovations, and Adwyze are some companies assisted by Kyron.

Kyron Global Accelerator is known for providing:

  • Access to a network of investors and experts.
  • Mentoring and support.
  • Various accelerator programs.
  • Participation in industry-related events.
  • Seed funding.

Microsoft for Startups

Microsoft for Startups hosts various accelerator programs that help startups to scale up their operations. With access to a global investor and mentor network, Microsoft for Startups aims to speed up the process of conversion of idea to execution.

Its portfolio includes Explara, Cloud Cherry, and AdPushup many other high-potential initiatives.

The advantages of partnering with Microsoft for Startups are:

  • Access to the global network of investors and mentors.
  • Sales, marketing, and technical support.
  • Microsoft Quantum network.
  • Qualified startups can get access to Microsoftโ€™s top engineers to work on autonomous driving solutions.
  • Potential joint customer opportunities.

Exhaustive List of Top Startups in Bangalore [2020 List]
Bangalore, aka Bengaluru, is the center of Indiaโ€™s tech industry. It is famouslyreferred to as the Silicon Valley of India and IT capital of India because ofits position as the nationโ€™s leading information technology (IT) hub. Be it alarge MNC or an emerging startup, Google Maps will show you oneโ€ฆ

Atal Incubation Centre (AIC)

With a motto to create a sustainable startup environment and promote innovation, AIC is supported by NITI Aayog, Government of India. The Atal Incubation Centre at the Jyothi Institute of Technology Foundation (AIC - JITF) focuses on the field of scientific entrepreneurship that enables aspiring entrepreneurs and early-stage ventures to build their business effectively. The thrust areas are materials, food tech, and devices & Sensors.

AIC offers:

  • Workshops and mentoring.
  • Access to investors and industry experts.
  • Lab facilities.
  • Funding support.
  • Business support services.
  • Collaboration with eminent professionals like VCs, bankers, etc.

Cisco LaunchPad

The aim of Cisco LaunchPad is to create a conducive environment for startups wherein they can learn, develop, grow, network, and get inspired at every stage of their journey.

Appknox, Asquared IoT, Atoll solutions, Exabit Systems, Minion Labs, Mishi Pay, and Uncanny Vision are some ventures supported by Cisco LaunchPad.

Cisco LaunchPad is known to provide:

  • Business and tech mentorship.
  • Access to customers, investors, and partners.
  • Coworking space.
  • Tech-based support.

Axilor Accelerator

Axilor Accelerator programs are developed to cater to the needs of early-stage ventures. In addition to the program, the chosen startups get some upfront funding to run through their experiments.

The Axilor Technology Fund provides seed funding and angel funding to various tech-based startups. The areas of prime interest include consumer tech, fintech, deeptech, enterprise tech, and healthtech.

Canopi India, TimePay, AssetFit, Dice Toy Labs, Feedbayk, AgroTribe, Inroadz are some startups under Axilor.

IDEX Accelerator

IDEX Accelerator aids enthusiastic social entrepreneurs who support and advance the work of socially-focused enterprises. The six-month accelerator program provided by IDEX is primarily structured with the viewpoint of socially wise individuals who address societal problems.

IDEX mainly concentrates on aspiring social entrepreneurs who are not inclined towards being an entrepreneur but rather prefer to work with existing social business. Manju Menon and Shantanu Paul are some prominent alumni of IDEX Accelerator.

The accelerator offers:

  • One-on-one mentoring sessions.
  • Specialized training workshops.
  • Access to a network of industry experts.
  • Investment and scholarship opportunities.

Conclusion

Though incubators and accelerators work differently, they both focus on startup establishment and nurturing. Keeping in mind the dynamism prevailing in the Indian startup ecosystem, many institutes/firms provide both incubation and acceleration facilities for companies with personalized and flexible options.

This was our list of incubators and accelerators in Bangalore. If you are one among them and when to get featured in this list, send an email to shubham@startuptalky.com.

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