Sangam Ventures

Sangam Ventures is a seed and early-stage venture fund based in Gurugram/New Delhi, founded by Karthik Chandrasekar, who developed his interest in climate and cleantech during his B.Tech years at IIT-Bombay and learned venture investing at TVS Capital Funds, Ventureast and the impact fund Acumen before starting Sangam around 2016. The fund's mission is to improve access to sustainable energy and resource-productivity solutions for the underserved in India, backing solutions that drive inclusive development and build communities resilient to climate change. Its focus spans cleantech, energy tech, climate and environment tech, and food and agriculture tech. Reflecting Chandrasekar's Acumen-shaped philosophy that early-stage entrepreneurship needs 'something beyond the money', Sangam takes a hands-on, operator-first approach, deliberately starting with small cheques and growing alongside its portfolio companies — appropriate for cleantech businesses that don't require large capital at inception. The firm has made around 19–20 investments across 50-plus deals, supported by a team of roughly 35 including 13 partners, with notable portfolio companies including thermal-battery cooling firm Inficold, Promethean Energy, energy-efficiency company Smart Joules, Cell Propulsion and Carbon Masters. Sangam also runs AIC Sangam, a cleantech incubator in partnership with the Atal Innovation Mission, and counts IFC, Aavishkaar, GIZ and Bharat Innovation Fund among its ecosystem partners.