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Information about VASPL

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VASPL Initiatives Pvt Ltd is promoted with the concept of “Cultivating Excellence” in the society through systematic and holistic approach towards incubating new as well as existing start-ups in the ecosystem. VASPL has been approved by the State Government of Madhya Pradesh to foster, nurture & promote start-ups in entrepreneurial activities.

To grow our economy and tackle rising unemployment, the MSME’s and Start-ups in Bhopal need an increased focus on skills and enterprise development, promoting business entrepreneurship and diversification of corporate supply chains. Hence, we have been recognized by the department of MSME as the Development partner of Start-up Ecosystem in Madhya Pradesh.

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How we Work

  1. Prototype
  2. Business Model
  3. Business Plan
  4. Company Phase
  5. Build-Up Phase
  6. Business Development- Achieving     Sustainability

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Our Team

Pradeep Karambelkar

Executive Director, BNI

Amruta Shingwekar

CEO VASPL Initiatives

Shradha Karambelkar

Entrepreneur and Creative Director

Anshuman Sharma

Incubation Manager

Munavar Khan

Marketing Manager


Our Services


Seed Funding & Access to Investors

VASPL provides seed funding to its Incubatees and creates opportunities to interact with experts and investors

Entrepreneurship Training & Events

VASPL organizes training for knowledge enhancement and events for networking and business development

Pool of Mentors

VASPL assists you to catapult your idea into a successful start-up with access to a pool of mentors

Business Development

VASPL believes in a sustainable business model and hence helps its start-ups to connect with prospective clients and customers. We help in building the company organically.

Office space & Technical Support

Technical support services provided to Incubatees in the co-working environment with basic infrastructure facilities

Industry Associations

VASPL is in a continuous endeavour to collaborate with organizations that support start-ups. Our associates are MSME, TiE MP, PHD Chamber, Entrepreneur Cafe, Indus Mentors


Auxiliary Support

VASPL provides a one-stop start-up support system right from providing company formation, corporate compliance services, financial services, IT support, thus creating a conducive ambience for start-ups to flourish

VASPL Membership

VASPL provides membership to Start-ups, Students to connect with its network and engage in knowledge sharing and networking. The Mentor Club is aimed to create pool of mentors from various fields and mentor various stage start-ups. The Madhya Pradesh Angel network will help start-ups with funding requirements.

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Our professional achievements

We show you our professional achievements in numbers, which show the acquired skills and trust of many clients.



Mentors & Investors

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We Love What We Do & We Do It With Perfection

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Words from Clients

our blog

Training & Events

  • Business Opportunity Fair: To present business opportunity to start-ups in form of interaction with potential clients and help them create a sustainable business model

  • Vyapar Mitra: It’s a knowledge-based training series conducted every month to create awareness about business nuances and on topics required for start-ups to grow.

  • Start-Up Entrepreneurship Conclave: A conclave of 200 start-ups sharing and pitching their ideas. A congruence of Ecosystem Enablers – Government, Incubators, Mentors, Investors and Start-ups. It was held on 23 rd February 2019 where Panel discussion with Ecosystem Enablers happened and pitching session was held for start-ups. VASPL is acting as a medium to bring together the investors and the start-ups on the same page.

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Lets Get In Touch

Contact VASPL

Our Address

Plot No. 14-15, Rohit Nagar Phase 1 Kalan, Bhopal 462026

Our Phone

: ( 91) 755 493 3407

Our Email

: [email protected]