Sangam

Check the fit first

• Sangam says it invests only in enterprises that actively contribute new solutions to the climate crisis. If your product is not climate mitigation or adaptation, look elsewhere.
• It describes its stage as seed up to Series-A, including early Series-A while still pre-revenue.

Reaching out

• The only contact the site states is prospect@sangam.vc. There is no form and no stated response time.
• Show technical depth and IP: it says it backs IP-led startups with a specific core competency.
• Be ready for customer conversations: it says it will want to speak to potential customers and understand how close you are to product-market fit.
• Be clear about the round: it says it can invest alone or lead if your capital need is larger than it can cover.
• The site does not state a process or timeline, so do not assume one. All pages carry a 2021 copyright, so ask whether the fund is currently investing.

Sangam is a climate-focused venture fund whose team is based in North Goa. Its own pages describe it as a science-based, thesis-driven venture fund that backs a transition to a low carbon economy. The fund is domiciled in Mauritius, which it says gives it the flexibility to invest across the Indian sub-continent and in global start-ups targeting its markets, although its stated focus and preference is Indian companies.

Who it backs

Sangam says it works across the climate impact spectrum, from mitigation (cutting or sequestering emissions) to adaptation (serving low-income and marginalized communities already hit by climate change). Its portfolio page groups companies under Just Energy Transition, Resource Productivity and Regenerative Food Systems. It speaks to technical founders and founding teams building STEM-led technology against climate change, particularly IP-led startups with a specific core competency. It says it is not chasing what is hot, but founders with deep technical competence, a customer-driven contrarian view, a focus on product-market fit and healthy unit economics. It also says it looks for gender diversity in its portfolio.

Stage and deal style

The fund says its seed cell invests from the seed stage up to Series-A, including early Series-A rounds while startups are still pre-revenue, and that it will also back post-revenue startups from under-invested sectors. It says it is open to investing by itself and to taking the lead in rounds when a startup needs more capital than it can put in, and that it does not mind who else is investing. It states a preference to see founders stay lean and reduce technology and market risk before product-market fit, and says it will want to speak to potential customers.

How deals reach it

Sangam says it sources proactively through thesis deep dives, cold-calling founders and using its networks, and also receives inbound deal flow from the venture community, angel investors and a network of incubators and accelerators. Where a theme is still nascent, it runs incubation and acceleration programmes through its in-house incubator, AIC-Sangam, before investing.

Reaching the team

The site gives one contact: the prospect@sangam.vc inbox, offered to anyone who wants to share ideas, with a Goa postal address in the footer. It publishes no pitch form, deadline or criteria checklist, and no response time. Its page for startups says "We would love to speak with you", which is an invitation to get in touch, not a stated application window. Note that every page of the site carries a 2021 copyright line, so confirm the fund is still actively investing before you spend time on a pitch.