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

Past deals in Supply Chain Management

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.

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.

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.

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.

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
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