Caret Capital is a Venture Capital fund that backs category building startups across across Mobility, Distribution and Employment - the three inter-connected sectors that are ctitical to India's growth story.
Caret 360 is our CXO Community and platform to help corporations discover, pilot and adopt innovations.
Caret360 is driven by a group of industry stalwarts who are driven by the mission of helping industry fully leverage India’s Growth Story.
Together Caret Capital and Caret360 are evangelising, curating, and engineering ideas for a greater tomorrow.
Our Structure
The coming decade is a once-in-a-generation opportunity for the Indian corporations.
However, business as usual with incremental innovation won’t suffice. Unless companies adapt transformative technologies, they will struggle to even survive, let alone thrive.
For India’s growth story to be fully leveraged, the country and corporations need a comprehensive approach to making their value chain efficient.
Core Team
Prajakt Raut
Founder and Managing Partner
- Entrepreneur and entrepreneurship evangelist
- Personal goal: Create 100,000 entrepreneurs
- Previously - head of operations at Indian Angel Network and AsiaDirector for The Indus Entrepreneurs (TiE)
- Prajakt’s book, ‘Starting Up & Fund Raising’, helps entrepreneurs understand the perspective of investors and the building blocks of a business.
Pankaj Bansal
Founder and Managing Partner
- Entrepreneur and work-yog evangelist
- Personal goal: Create 10m jobs in India
- Co-Founder of PeopleStrong - Asias prominent HR tech SAAS platform
- Founder Trustee of YouinYou, a charitable trust dedicated to delivering education to underprivileged children.
- Board member of the Prime Minister’s KarmYogi Bharat initiative, actively collaborating with the Government of India to introduce capacity-building measures.
Investment Committee
Rohit Bhayana -
Anchor LP and Investment Committee member
Co-founder Lumis Partners. Deeply passionate about the intersection of fragmented value chains, communities and technology. Personal goal is to create value with purpose. Previously CEO at GE Software Solutions, HCL Corporation, and Cadence Design Systems.
Puneet Pushkarna
General Partner of Solmark, a Private Equity fund formed by a group of successful tech entrepreneurs. Perviously, President of Headstrong and co-founder of TechSpan, a Goldman Sachs backed design thinking and business solutions consulting organization. Part of the founding team that helped grow HCL America into what is now HCL Technologies.
2030 Goals and Character
- To help India reduce 1% of annual carbon emissions
- Improve the distribution of goods & services into 50,000 villages
- Create 10mn jobs
Caret Character
Lumis Labs Fund (Category II Alternative Investment Fund)
SEBI Registration No.: IN/AIF2/21-22/0952
Investment Manager: Lumis Labs Investment Manager Private Limited
Sponsor: Agarsha Investment Manager Private Limited