Sangam Ventures

Sangam Ventures is a venture capital firm based in Gurugram, India, established in 2015. The firm focuses on seed and early-stage investments aimed at enhancing access to sustainable energy and resource productivity solutions, particularly for underserved communities in India. By supporting innovative companies, Sangam Ventures seeks to promote inclusive development and foster resilience against climate change within these communities.

Anisha Patnaik

Venture Partner

11 past transactions

Smart Joules

Series A in 2021
Developer of an energy-saving system designed to eliminate power wastage in various institutions. The company's home-grown building energy optimization system consists of an IoT controller, cloud computing platform, and data analytics engine with real-time monitoring and disaggregation of energy consumption and critical environmental parameter technology, enabling energy-poor customers to get reliable and affordable electricity access.

Carbon Masters

Series A in 2020
Carbon Masters is a climate technology company that assists organizations in measuring, managing, reducing, and reporting their carbon emissions. Founded in 2009, the company operates with a commitment to helping both businesses and individuals lower their carbon footprints and adapt to climate change. It offers a range of services, including carbon footprinting, reporting, certification, and consultancy, while also providing renewable natural gas solutions. The firm has developed a cost-effective, carbon-enriched alternative to chemical fertilizers for Indian farmers, promoting clean energy and sustainable agricultural practices. With offices in Edinburgh, Bangalore, and Quito, Carbon Masters aims to expand further, including plans for a presence in the United States. The company's founding partners bring diverse skills and a strong passion for environmental sustainability, enabling them to work effectively across different regions and sectors.

Cell Propulsion

Seed Round in 2019
Cell Propulsion is a fleet electrification company developing technologies and solutions for large scale electrification of commercial vehicle fleets ranging from light commercial vehicles to heavy electric vehicles like eBuses and eTrucks.

VilFresh

Angel Round in 2019
Producer of fresh food products intended to empower the rural youth. The company's products are packaged safely and hygienically and delivered to the customer within a few hours, providing consumers with farm-fresh products at affordable prices.

VilFresh

Angel Round in 2019
Producer of fresh food products intended to empower the rural youth. The company's products are packaged safely and hygienically and delivered to the customer within a few hours, providing consumers with farm-fresh products at affordable prices.

Khethworks

Seed Round in 2019
Khethworks is a solar-powered irrigation system that enables small-plot farmers to cultivate year-round. It also provides an alternative product to dependence on inconsistent monsoon rains and costly fuel pumping. Khethworks mission is to give small-plot farmers across the world an unprecedented level of control over their lives and livelihoods through affordable and high-quality technology. Khethworks was founded in 2015 and is headquartered in Pune, Maharashtra, India.

Promethean Energy

Venture Round in 2019
Promethean Energy Private Limited specializes in developing waste heat recovery solutions tailored for industrial and commercial applications. Founded in 2014 and based in Navi Mumbai, India, the company offers innovative products such as ChillerMate, which recovers waste heat from chiller units, and CompMate, designed for waste heat recovery from air compressors. By implementing its technologies, Promethean Energy aims to help clients in various sectors—including chemicals, textiles, dairy, food, and hospitality—enhance fuel efficiency and significantly reduce carbon emissions, thereby contributing to more sustainable industrial practices.

SOLshare

Venture Round in 2019
SOLshare Ltd. is a company based in Dhaka, Bangladesh, that specializes in a peer-to-peer solar electricity trading platform. Founded in 2013, it aims to provide sustainable and affordable energy access to low-income rural communities by enabling households and businesses to trade excess solar energy for profit. The company's innovative approach features decentralized microgrids and utilizes distributed ledger technology to facilitate real-time transactions. Key products include the SOLbox, a bi-directional electricity meter that supports peer-to-peer trading, and SOLcontrol, a charge controller for solar home systems. SOLshare collaborates with various strategic partners, including Micro Energy International and the Asian Development Bank, to enhance its impact. By empowering communities to monetize their excess solar energy, SOLshare is pioneering a model for energy transition that could serve as a blueprint for utility operations worldwide.

Delectrik

Venture Round in 2019
Delectrik Systems is focused on developing low-cost, long-duration energy storage solutions aimed at enhancing the adoption of renewable energy sources such as solar and wind. The company addresses the challenges of intermittency and limited storage capacity associated with these renewable sources, which often prevent widespread use. By creating affordable energy storage systems that have a long lifespan, Delectrik offers a viable alternative to traditional batteries, which are costly and have a short lifespan. Their innovative products, when integrated with renewable energy systems, facilitate continuous access to clean electricity, thereby reducing reliance on fossil fuels and mitigating environmental impacts. This approach not only supports sustainable energy practices but also provides affordable electricity options for both businesses and individuals.

Carbon Masters

Seed Round in 2017
Carbon Masters is a climate technology company that assists organizations in measuring, managing, reducing, and reporting their carbon emissions. Founded in 2009, the company operates with a commitment to helping both businesses and individuals lower their carbon footprints and adapt to climate change. It offers a range of services, including carbon footprinting, reporting, certification, and consultancy, while also providing renewable natural gas solutions. The firm has developed a cost-effective, carbon-enriched alternative to chemical fertilizers for Indian farmers, promoting clean energy and sustainable agricultural practices. With offices in Edinburgh, Bangalore, and Quito, Carbon Masters aims to expand further, including plans for a presence in the United States. The company's founding partners bring diverse skills and a strong passion for environmental sustainability, enabling them to work effectively across different regions and sectors.

Inficold

Pre Seed Round in 2016
Inficold is a cold chain company focused on providing uninterrupted and affordable cooling solutions through the use of solar power and energy storage technology. The company specializes in solar cold storage and solar milk chillers, which deliver reliable cooling without relying on traditional electrical batteries. These innovative systems can be integrated with both new and existing cooling hardware, significantly reducing ownership and operational costs for farmers. Inficold aims to offer clients sustainable energy storage solutions that enhance the efficiency and affordability of cold chain operations.
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