Caret Capital and Ev2 Ventures Launch $50M Fund for Indian Startups

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Caret Capital and Ev2 Ventures join forces to launch Caret Capital Fund II, a $50 million fund for early-stage Indian startups.

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The fund focuses on startups in critical sectors like mobility, distribution, and employment, aiming to nurture India's progress.

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Caret360, an associated CXO community, assists corporations in adopting innovations, complementing Caret Capital's investment strategy.

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Ev2 Ventures specializes in smart mobility and transportation technology startups, investing in sectors like Electric Vehicles and Logistics Technology.

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The collaboration enhances operational effectiveness by leveraging expertise, resources, and networks of both firms.

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Pankaj Bansal, Prajakt Raut, and Karan Mittal lead the fund, bringing together their experience and vision for impactful investments.

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Recent investments by Caret Capital include SuperProcure and TraqCheck, indicating a focus on supporting promising startups.

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The launch of Caret Capital Fund II comes amid a growing trend of new fund launches in India's startup ecosystem, signaling continuous growth in VC investments.

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