About AIC Sangam
AIC Sangam is a company based in Gurugram (India). CleanTech startups are accelerated and incubated through AIC Sangam programs. It operates on a B2B model. Its Indian entity Aic-Sangam Innovation Foundation reported revenue of ₹1.10 Cr.
Company details
A year-long acceleration program is provided by AIC Sangam for five CleanTech startups each year. Based in Gurugram, India, the incubator supports early-stage ventures in the clean technology sector. Operations include mentorship, resources, and networking to foster growth. The focus remains on sustainable innovations within the Indian startup ecosystem, with services tailored to environmental and energy challenges.
- Headquarters Gurugram, India
- Website aic-sangam.org
- Legal Name Aic-Sangam Innovation Foundation
- Date of Incorporation 13 Apr, 2017
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹1.10 Cr
FY 2024 · -29% YoY
- Net Loss-₹32.3 Lakh
FY 2024 · -29% margin
- EBITDA-₹14 Lakh
FY 2024 · -13% margin
Associated legal entities of AIC Sangam
AIC Sangam operates through Aic-Sangam Innovation Foundation (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Aic-Sangam Innovation Foundation CIN U93090MH2017NPL293818 | Active | 13 Apr 2017 | Mumbai, Maharashtra | ₹1.1 Cr | 2 | View details |
Board of directors of Aic-Sangam Innovation Foundation (AIC Sangam)
Aic-Sangam Innovation Foundation is the primary company behind AIC Sangam. The board of Aic-Sangam Innovation Foundation currently have 2 directors; the longest-serving is Karthik Chandrasekar, appointed in 2017. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Karthik Chandrasekar DIN 03122878 | Director | 13 Apr 2017 | 9 yrs 6 mo | Aic-Sangam Innovation Foundation |
| Anuradha Bhavnani DIN 02829849 | Director | 19 Nov 2019 | 6 yrs 11 mo | Aic-Sangam Innovation Foundation |
Financials of AIC Sangam
Figures of Aic-Sangam Innovation Foundation, the primary company behind AIC Sangam, for FY 2024. Revenue was ₹1.10 Cr (-29% year on year). Net loss was -₹32.3 Lakh (-29% margin). EBITDA was -₹14 Lakh (-13% margin). Revenue has grown at a compounded annual rate of -2% over three years and -12% over five years.
- ₹1.10 CrRevenue · FY 2024 · -29% YoY
- -₹32.3 LakhNet loss · -29% margin
- -₹14 LakhEBITDA · -13% margin
- ₹1.3 LakhPaid-up capital
- -2%Revenue CAGR, 3 years
- -12%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Aic-Sangam Innovation Foundation are on its company page.
Detailed financial statements for AIC Sangam
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Frequently Asked Questions about AIC Sangam
AIC Sangam is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
The primary company behind AIC Sangam, Aic-Sangam Innovation Foundation, reported revenue of ₹1.10 Cr for FY 2024, down 29% year on year.
A year-long acceleration program is provided by AIC Sangam for five CleanTech startups each year. Based in Gurugram, India, the incubator supports early-stage ventures in the clean technology sector. Operations include mentorship, resources, and networking to foster growth. The focus remains on sustainable innovations within the Indian startup ecosystem, with services tailored to environmental and energy challenges.
AIC Sangam operates through Aic-Sangam Innovation Foundation.
The legal entities of AIC Sangam currently have 2 directors, including Anuradha Bhavnani, Karthik Chandrasekar.