AISEA is set up jointly by AFI and i-TIC Foundation of IIT Hyderabad and is Sponsored by the Dept of Science and Technology, Government of India.
Action For India’s mission is to help social entrepreneurs in India overcome barriers to scale and achieve greater impact at the Bottom of the Pyramid. AFI connects social entrepreneurs with impact investors, mentors, technology resources, government contacts and local partners. Launched in 2012, AFI is headquartered in New Delhi, India and has a chapter in Silicon Valley, California.
i-TIC Foundation was formed with the precise idea to nurture startup culture in IIT Hyderabad. The goal is creating an 'amalgam' of research and industry by creating a very supportive and nourishing environment wherein research concepts can be taken up and integrated with industry for commercialization. It has been operating from June 2016 and has incubated twelve startups and another four are pre-incubation.