Caret Capital Marks First Close Of INR 400 Cr Fund

Caret Capital has marked the first close of its Caret Capital Fund II at INR 160 Cr which has seen participation from Bajaj Auto, Transport Corporation of India (TCI) and others

The VC firm’s second fund will be deployed in the sustainable mobility and distribution and supply chain space in India

The firm has capped the ticket size for the fund between INR 12-15 Cr and is eyeing to invest in 25 startups

Sustainability-focussed Caret Capital has marked the first close…