Caret Capital

Caret Capital is an accelerator program established in 2023 and located in Gurugram, India. The program focuses on early and growth-stage startups within the supply chain domain, including sectors such as warehousing and logistics. Caret Capital aims to provide these startups with a structured six-month program that equips them with the resources and support needed to gain a competitive edge and accelerate their growth.

Ashutosh Mayank

Managing Partner

24 past transactions

Xindus

Series A in 2025
XINDUS uses technology to help SMEs access new markets, handle order fulfillment, ship globally, and stay compliant in international trade.

TraqCheck

Seed Round in 2024
TraqCheck operates an AI-based platform that transforms the background verification industry, focusing on improving workplace credibility and fair hiring practices. The platform utilizes algorithms and automation through API integration to streamline the background check process, allowing enterprises to onboard employees more efficiently. By simplifying the onboarding process, TraqCheck not only enhances safety and trust in hiring but also helps businesses reduce costs associated with employee verification.

RoshAi

Seed Round in 2024
RoshAi is a company advancing autonomous vehicle technology through advanced software and solutions, aiming to accelerate innovation through Vehicle Agnostic Autonomy Stack, retrofittable kits, and Robotic Soft Targets for ADAS testing.

Tractor Seva

Seed Round in 2024
Tractor Seva is a tractor servicing platform designed for tractor owners and farmers providing parts and accessories at affordable prices.

Celcius

Series B in 2024
Celcius Logistics Solutions is a cold-chain marketplace startup focused on connecting shippers and transporters to minimize wastage of perishable and temperature-sensitive goods. The company offers a platform that enables transporters and manufacturers to efficiently book vehicle loads and cold storage space. Users can monitor the entire logistics network from their desktop or mobile devices, ensuring a longer shelf life for their products. Celcius aims to streamline the cold-chain process, enhancing efficiency and reliability in the transportation of sensitive items.

Enmovil

Seed Round in 2024
Enmovil is a provider of a Business Intelligence Platform focused on enhancing operational efficiency for organizations. The company combines a sophisticated front-end software that utilizes analytical and machine learning algorithms with proprietary hardware, referred to as "satellites," which are deployed in the field. This integrated system delivers actionable intelligence that helps management understand the utilization model of their resources, ultimately enabling improvements in logistics decisions and overall efficiency. Through its innovative approach, Enmovil addresses the challenges faced by businesses in optimizing their operations.

TraqCheck

Venture Round in 2024
TraqCheck operates an AI-based platform that transforms the background verification industry, focusing on improving workplace credibility and fair hiring practices. The platform utilizes algorithms and automation through API integration to streamline the background check process, allowing enterprises to onboard employees more efficiently. By simplifying the onboarding process, TraqCheck not only enhances safety and trust in hiring but also helps businesses reduce costs associated with employee verification.

SuperProcure

Venture Round in 2024
SuperProcure is a comprehensive logistics and transportation management platform that caters to enterprises across various sectors, including manufacturing, engineering, infrastructure, and consumer goods. The platform offers a range of services aimed at automating and optimizing logistics workflows. Key features include SP Freight Sourcing, which facilitates vehicle sourcing through spot bidding and reverse e-auction; SP Indent Allocation, designed for contract-based indenting; and SP In-Plant Logistics, which focuses on in-plant vehicle management. Additionally, SuperProcure provides SP Shipment Tracking for real-time visibility, SP Proof of Delivery for paperless confirmation, and SP Freight Accounting for automated invoicing and reconciliation. By enabling multi-enterprise collaboration, SuperProcure enhances operational efficiency for businesses of all sizes.

Just Deliveries(JD)

Seed Round in 2024
Intra city logistics solutions for perishables, creating the supply chain backbone for frozen, chilled & fresh food items.

Citrus Freight

Venture Round in 2024
Simplify your export and import logistics by booking containers online with Citrus Freight. We offer the best perishable logistics services in India with confirmed DO.

Omnivio

Seed Round in 2023
Omnivio operates an e-commerce and omni-logistics platform that focuses on enhancing supply chain visibility and control. The company builds omni-channel control towers and offers a logistics marketplace, providing retailers and brands with a unified view of their operations. This integrated approach enables real-time actionable insights, allowing businesses to improve their customer experience. Through its innovative solutions, Omnivio aims to create a customer-centric supply chain that streamlines logistics and enhances operational efficiency.

Unstop

Seed Round in 2023
Unstop is an Early Talent Engagement and Hiring Platform that connects a community of approximately 6 million students and early professionals with potential employers. Founded in 2019 by Ankit Aggarwal as a blog called Dare2Compete, Unstop has evolved into a comprehensive ecosystem that facilitates hiring beyond traditional methods. The platform enables companies to brand themselves, source, engage, assess, and hire talent from diverse educational backgrounds. It offers various features, including job and internship listings, campus engagement solutions like hackathons and challenges, and a range of assessments tailored to different skill sets. Unstop empowers students to showcase and refine their skills, gaining recognition and opportunities to secure positions in leading organizations such as Reliance, FedEx, and Amazon. By streamlining the hiring process within a single platform, Unstop aims to democratize access to employment and support the professional development of young talent.

Tusker

Venture Round in 2023
Tusker Transport operates as a last-mile freight carrier, focusing on transportation services for businesses of all sizes. The company aims to transform the transportation industry by delivering quality services at competitive prices, particularly addressing the needs of rural areas. Tusker's platform facilitates logistics operations, enabling businesses to automate their supply chain management and effectively manage their shipments. By utilizing a crowdsourced fleet of trucks, Tusker allows rural businesses to efficiently send and receive products, ensuring comprehensive service delivery across towns and villages. Additionally, the company offers a customer login feature on its website, which enables clients to track shipments and manage their accounts conveniently.

Xindus

Seed Round in 2023
XINDUS uses technology to help SMEs access new markets, handle order fulfillment, ship globally, and stay compliant in international trade.
Stylumia Intelligence Technology Pvt Ltd specializes in providing an AI-based platform for supply management and trend forecasting tailored for the fashion and lifestyle retail sectors. The company's tools leverage machine learning to enhance product assortments, optimize inventory management, and deliver precise, consumer-driven fashion forecasts. By offering real-time fashion intelligence, Stylumia helps businesses increase full-price sales, improve profitability, and reduce excess inventory. The platform is designed to augment human intelligence, providing a simple and intuitive visual interface that empowers retailers to make informed decisions in a competitive market.

MoooFarm

Series A in 2022
MoooFarm is an information technology company focused on agTech that aims to improve the livelihoods of dairy farmers in developing countries, particularly in India. The company provides a comprehensive dairy farm management software that integrates an e-commerce platform, enabling farmers to manage their operations more effectively. This software facilitates various functions, including scheduling veterinary visits with transparent pricing, digital livestock management, and access to vital information regarding loans and subsidies. Additionally, MoooFarm offers networking opportunities and predictive analytics, which help farmers address financial challenges and enhance their overall productivity. By leveraging technology, MoooFarm seeks to empower rural farmers and drive social change.

Tridex Bazaar

Seed Round in 2022
Tridex Bazaar operates as a B2B cloud-based sales and distribution platform specifically designed for the fast-moving consumer goods (FMCG) sector in India. The company aims to connect primary and secondary FMCG markets, facilitating faster delivery and more cost-effective procurement for Kiranas, which are small retail stores. Given the fragmented nature of the Indian FMCG industry, with approximately 12.5 million retailers and over 400,000 distributors, Tridex Bazaar seeks to streamline the supply chain by serving as a single distribution point. Its offerings include warehouse services, financial support, virtual sales assistants, and data insights, all aimed at empowering both retailers and distributors with improved technology and sustainable practices.

Just Deliveries(JD)

Seed Round in 2022
Intra city logistics solutions for perishables, creating the supply chain backbone for frozen, chilled & fresh food items.

Celcius

Series A in 2022
Celcius Logistics Solutions is a cold-chain marketplace startup focused on connecting shippers and transporters to minimize wastage of perishable and temperature-sensitive goods. The company offers a platform that enables transporters and manufacturers to efficiently book vehicle loads and cold storage space. Users can monitor the entire logistics network from their desktop or mobile devices, ensuring a longer shelf life for their products. Celcius aims to streamline the cold-chain process, enhancing efficiency and reliability in the transportation of sensitive items.

Eunimart

Seed Round in 2021
Eunimart is a one-stop solution for e-commerce sellers to sell on international marketplaces. They are an end-to-end solution provider for your business. They provide a comprehensive range of advanced services to help merchants meet their goals. In adherence to their mission, they believe in creating a platform that is prompt and easy to access and afford.

ReshaMandi

Seed Round in 2021
ReshaMandi is developing a comprehensive digital ecosystem aimed at organizing the natural fiber supply chain globally, from farming to retail. The company focuses on enhancing the quality and efficiency of this supply chain by providing services such as quality testing, technical advisory, and market linkages. It procures scientifically graded cocoons from farmers and supplies them to reelers, ensuring access to quality-assured and cost-effective yarn for weavers. By connecting various stakeholders, including farmers, reelers, weavers, and retailers, ReshaMandi aims to create definitive fashion trends while streamlining processes across the natural fiber industry.

Conmove.io

Venture Round in 2020
An Online Platform for Digital Freight Marketplace

SparesHub

Venture Round in 2019
SparesHub is an online store for buying car spare parts online, easily and fast in India. We sell car spare parts primarily to Indian customers. SparesHub offers a large collection of spare parts which are genuine and warranty backed.
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