Sustainability-Focussed Caret Capital Marks First Close Of INR 400 Cr Fund

Caret Capital, a sustainability-focused fund, has announced the first close of its INR 400 crore fund, raising over INR 160 crore within six months. The fund's primary focus is on investing in startups that contribute to India's growth across smart mobility, distribution and supply chain, and job creation. These sectors are projected to contribute over USD 1.2 trillion to the Indian economy by 2030. The successful first close demonstrates strong investor confidence in the fund's strategy to back ventures that combine financial returns with positive environmental and social impact, addressing critical areas for India's sustainable development.