Caret Capital

Caret Capital operates as a thematic venture capital fund, focusing on sustainability-driven investments in India. It invests in early-stage startups building new categories across logistics, consumer technology, and mobility sectors. The firm identifies companies recalibrating India's value chain through innovative models and solutions, fostering sustainable growth in these critical areas.

Established in 2023, Caret Capital was founded by Managing Partner Karan Mittal. The firm originated from the insight that significant opportunities exist to back early-stage ventures accelerating India’s growth. These ventures often address sustainability and optimize value chains, leveraging Mittal's experience to inform the fund’s strategic investment approach.

Caret Capital targets founders building startups that reshape industries and contribute to a sustainable future in India. The firm aims to help these companies scale from early commercialization to achieve full market potential. Its mission is to cultivate a portfolio of category-defining businesses driving economic advancement and systemic improvements across the Indian subcontinent.