Fundraising FoxHyderabad · Seed–Series A · 11 people tracked
Find your way into Caret Capital Fund II
Sign up to see every warm intro you have to Caret Capital Fund II
- Paths you didn't know you had: your email and LinkedIn already hold routes to the Caret Capital Fund II team. We find them for you
- 2nd- and 3rd-degree connections: the friend-of-a-friend routes that take hours to manually find through your inbox or LinkedIn
- Answers now, not in days: momentum is everything in a raise. Skip asking around whether someone knows someone
Days of research, done the moment you sign in, with every route ranked by how warm it is.
Investment thesis
Caret Capital is a thematic, sustainability-focused venture fund investing in sectors central to India's growth: distribution and supply chain, jobs and workforce empowerment, and smart mobility. It views these three interconnected areas as having the highest multiplicative effect, representing an estimated USD 1.2 trillion opportunity by 2030. The firm writes checks of up to Rs.15 crore (approximately USD 2 million) in seed to Series A startups. Beyond returns, it pursues a measurable mission: creating 10 million jobs, cutting carbon emissions by 10 million metric tonnes, and optimizing India's supply chain and logistics. It tracks startup growth, investor returns, and impact for India.
Source: firm website, verified Oct 5, 2026.
Team · 11 people
from the firm's website & public directories
What they invest in
from 23 of 28 portfolio companiesLogistics & Supply Chain ×9AI & Machine Learning ×6Mobility & Transportation ×6Enterprise Software ×4SaaS ×4Advanced Manufacturing ×3Fintech ×3Cleantech ×2
HQs:India×12
Investments · 28 tracked
founders shown can be your intro pathAB Claymore (ABC) is an investment and advisory firm that deploys its own funds into seed and early-stage companies and provides minority equity investments, convertible notes, and venture debt.
Fintech
Arthum operates a platform connecting businesses, workers, and financial institutions to support India's workforce economy.
FintechFuture of WorkHR Tech
Awign provides AI/ML-ready data annotation and human point-of-view datasets for imitation learning and embodied AI.
AI & Machine LearningData & Infrastructure
Annanya Sarthak (SK)(Founder)inGurpreet Singh(Founder)in
Co-investorsAmicus Capital PartnersCapria VenturesLumis PartnersSprint VcStride VenturesTDV Partners+3 more
Bajaj Auto manufactures and sells two-wheeler vehicles, offering models such as the Bajaj Freedom 125, along with financing, test-ride booking, dealer location, and vehicle exchange services for consumers.
Advanced ManufacturingMobility & Transportation
Citrus provides end-to-end freight management for perishable goods shipments, handling the process from booking to delivery for exporters.
Logistics & Supply Chain
The Michael & Susan Dell Foundation is a philanthropic organization that funds projects across focus areas such as education, including scholarship programs and workforce development.
EdTechImpact & Social Good
Michael DellSusan Dell
Enmovil builds an AI intelligence layer that sits over enterprises' existing ERP, TMS, and WMS systems to unify data and make operational supply-chain decisions—such as dispatch, load-matching, inventory repositioning, and carrier selection—delivered through chat or voice in tools like Teams, Slack, and Excel.
AI & Machine LearningEnterprise SoftwareLogistics & Supply Chain
Nanda Dharmavaram(Founder)in
Co-investorsAnicut CapitalCapria VenturesSorin Investments
EVeez offers electric bikes on a subscription basis to businesses in India, targeting use cases such as delivery fleets looking to cut fuel costs and carbon emissions.
CleantechLogistics & Supply ChainMobility & Transportation
Co-investorsThinKuvate
Freightify provides a SaaS platform for freight forwarders to procure, manage, and quote freight prices, as well as create digital storefronts and track shipments in real time.
Enterprise SoftwareLogistics & Supply ChainSaaS
Raghavendran Viswanathan(CEO)
Co-investorsBetatron Venture GroupChakra Growth FundDholakia VenturesRiso CapitalTMVTradeworks+1 more
JRG manufactures plastic automotive components, including molded and painted interior/exterior parts and safety parts for four-wheelers, body parts for two-wheelers, and white-goods parts for brands such as Daikin and Panasonic.
Advanced ManufacturingHardwareMobility & Transportation
JustDeliveries provides temperature-controlled logistics and cold storage solutions for perishable food products across India, serving restaurants, cloud kitchens, QSRs, and e-commerce businesses.
FoodTechLogistics & Supply ChainMumbai, IN
Mansi Mahansaria(Founder)inPradeep Murugesan(Co-founder & COO)in
Co-investorsNabventuresTremis Capital
Lumax (the Lumax-DK Jain Group) is a manufacturer and supplier of automotive components and systems in India, historically known for automotive lighting equipment.
Advanced ManufacturingHardwareMobility & Transportation
Oister Global builds CAT II Alternative Investment Funds (AIFs) that invest in India's private companies, offering institutions, family offices, and UHNIs regulated access to private market and secondaries opportunities.
FintechSector Agnostic
Co-investorsLumis Partners
Omnivio builds a commerce intelligence platform that unifies omnichannel data and operations for brands, helping them sell across channels and manage their business from a single view.
AI & Machine LearningData & InfrastructureE-commerceRetail Tech
Co-investorsEximius VenturesSprint VcSupermorpheus91 VenturesBlume Ventures
PeakAmp is a technology-enabled battery circularity company that collects, diagnoses, refurbishes, and recycles end-of-life lithium-ion batteries from EV and consumer electronics sectors across India, recovering critical materials like lithium, cobalt, and nickel.
Circular EconomyCleantechEnergy
Rosh builds an AI-powered full-stack autonomy system for industrial vehicles, offering a modular, retrofit-ready software and hardware stack for Level 4 autonomous driving of trucks, buses, and passenger cars.
AI & Machine LearningMobility & TransportationRobotics
Co-investorsThinKuvate
Apollo is an advanced predictive analytics platform that uses image and textual analysis with machine learning to forecast true consumer demand for fashion and retail brands.
AI & Machine LearningMarketing TechRetail TechSaaS
Co-investorsExpert DOJO
Superprocure provides a platform that helps companies manage multi-site project logistics and procurement, enabling optimized vehicle placement and freight cost reduction.
Enterprise SoftwareLogistics & Supply ChainSaaS
Co-investorsPentathlon Ventures
Transport Corporation of India (TCI) is a logistics and supply chain solutions provider offering end-to-end, multimodal services—including road freight, coastal shipping, cold chain warehousing, and international freight forwarding—across multiple industries.
Enterprise SoftwareLogistics & Supply Chain
Prabhu Dayal Agarwal(Founder)
Health transformation platform in India making bio-individuality and biohacking accessible through functional nutrition and longevity science.
Co-investorsLumis Partners
TraqCheck builds NINA, an AI hiring agent that sources candidates across 50+ platforms in real time, sends personalized outreach, manages follow-up conversations, and delivers screened shortlists through a chat interface.
AI & Machine LearningHR TechSaaS
Vahak operates an online marketplace and network connecting transporters and logistics businesses across India, offering load and truck booking through its app in multiple local languages.
Logistics & Supply ChainMarketplacesMobility & Transportation
Karan Shaha(Founder)inVikas Chandrawat(Founder)in
Co-investorsFoundamentalLeo Capital VenturesRTP GlobalTitan CapitaliSeedLeo Capital+1 more
V-Trans (India) Ltd. provides road freight transportation and logistics services across India, including full-truck-load (FTL) and part-truck-load (PTL) shipping with vehicle placement and consignment tracking via MIS reporting.
Logistics & Supply Chain
YouVah runs short international internship programs for high school students, placing teenagers in offline programs abroad (Japan, Dubai, Paris) across fields like robotics, AI, business, tech, and fashion.
EdTech
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
AocrCelciusROI Mantra
Frequently asked questions
- How many investments has Caret Capital Fund II made?
- Caret Capital Fund II has 28 tracked investments.
- What stage does Caret Capital Fund II invest at?
- Caret Capital Fund II invests at the Seed, Series A stages.
- What is Caret Capital Fund II's typical check size?
- Caret Capital Fund II typically writes checks of $2M.
- What sectors does Caret Capital Fund II focus on?
- Caret Capital Fund II focuses on Future of Work, HR Tech, Impact & Social Good, Logistics & Supply Chain, Mobility & Transportation.
- Where is Caret Capital Fund II located?
- Caret Capital Fund II is headquartered in Hyderabad, IN.
- Does Caret Capital Fund II lead rounds?
- Yes, Caret Capital Fund II leads investment rounds.
- Who does Caret Capital Fund II co-invest with?
- Caret Capital Fund II most often shares deals with Lumis Partners, Sprint Vc, Capria Ventures, among 26 tracked co-investors.
Similar investors
Flucas Ventures is a solo GP fund led by Ashley Flucas, who simultaneously serves as COO of Summit Ventures while personally investing in 250-275+ startups and deploying over $75M through a syndicate of 2,000+ LPs in less than two years. The fund operates with true stage, sector, and geography agnosticism while democratizing access to top-tier venture deals by inviting diverse, nontraditional LPs to co-invest alongside marquee firms like Sequoia and Andreessen Horowitz.
Everywhere Ventures is an early-stage venture firm that writes pre-seed checks and is backed by a community of founder and operator LPs.
Colle Capital Partners is an opportunistic, early-stage technology venture fund investing globally across a broad range of technology sectors.
Interlock Partners is an investment firm that backs companies positioned to win, offering a hands-on approach and operating experience to accelerate their success.
Storytime Capital is a venture firm that backs founders building companies focused on the future of work, AI, commerce, cybersecurity, and related sectors.