AIC-Sangam is set up as a platform to bring together the best minds, resources and capital solving sustainability problems, and serve as a launch pad for inclusive and scalable enterprises focused on improving access to energy and resource productivity for the underserved in India, that will lead the way in driving inclusive development and creation of communities that are resilient to climate change.
We are thesis-driven organization
We study the sector - its players, problems and customers, before we venture into incubating or accelerating any start-up in that sector. We have seen, from the GALI research on incubator effectiveness, that cohort quality is a critical driver of success. We view pipeline development as an active search process rather than a passive endeavor in which we wait to receive applications. This approach keeps us focused and helps us in building better networks to find relevant start-ups that fit our program thesis. Following are our focus areas
Tech that accelerates decarbonization of energy
Low cost and energy efficient refrigeration & cooling tech
Fit-for-purpose Energy Storage tech
Electric, alternative fuel & shared transport solution
Farm positive agricultural supply chains, residue & waste management
Alternative low- carbon materials & reduction in fossil-fuel based product use
Industrial heat & power efficiencies & recycling
Providing linkages to local business creating a sustainable business model with national & international market
High efficiency appliances, services, components & controls for underserved markets
Preserving culture & resources and creating communities that are resilient to climate change
Climate smart Land use
Climate resilient conservation agriculture & agroforestry
Improve soil carbon & soil microbiome while minimizing soil erosion
Farm-positive agricultural supply chains, residue & waste management
Meet The Team
We, at AIC Sangam, study the sector - its players, problems and customers, before we venture into incubating or accelerating any start-up in that sector. We are proud to be a unique place that places start-ups at the center of all its projects and our multi background team is always willing to offer them all the services they need to develop.
Karthik leads Sangam Ventures & previously led clean-tech investments in India for Acumen Fund, TVS Capital Funds where he focused on developing an investment thesis for providing basic services in water, energy, and agriculture for inclusive growth.
Founder, Director and Acting CEO
Shashank leads investments at Sangam Ventures, as a Principal. Besides his hands-on work with the portfolio companies, Shashank regularly mentors early stage startup founders. Prior to Sangam, Claro Energy, driving adoption of solar PV irrigation pumps across India. Early in his career, he led audits at E&Y and is a Chartered Accountant by training with a B.Com from University of Delhi.
At AIC Sangam we believe that incubation is just the start of a long journey towards creating sustaiable startups to fight climate change. To that vision, we have our sister companies to support startups on this journey catering to what they need, be it legal services or capital.
Sangam Ventures is a seed and early stage venture fund that invests to improve access to sustainable energy and resource productivity solutions for the underserved in India that can lead to inclusive development and creation of communities that are resilient to climate change.
LexStart is the brainchild of a VC and a seasoned lawyer, who amongst them have advised several start-ups and worked on quite a few investment transactions to know where exactly the pain points and pitfalls are. It is this experience that the team LexStart brings to the table to ensure that a startup is investment ready at all times!
We have a special focus on working with startups in the North East Region (NCR) of India, a region endowed with abundant natural resources and biodiversity but still having some of the [lowest development indicators] in the country.