Sumit Vishwakarma22 Aug 2026
13:16IST
New Update
Yantra Packs, an asset-pooling and reusable packaging startup for industrial supply chains, has raised Rs 12 crore in seed funding from Caret Capital, a Gurugram-based venture capital fund. Caret Capital invests in businesses across supply chains, mobility and employment.
The Gurugram-based startup said the funding will be used to expand its operations across India, strengthen its technology capabilities and increase its pool of reusable packaging assets.
Founded in 2020 by Vipin Battu and Karan Saharan, Yantra Packs provides reusable pallets, crates, containers and other returnable transport items to businesses through rental and pooling models.
The startup, which is also backed by Impact Infracap, said its model allows businesses to replace expendable packaging with reusable alternatives without having to own and manage large pools of packaging assets.
“Through reusable packaging, we enable our customers to reduce costs, improve reliability and cut GHG emissions without changing how their supply chains operate,” said Karan Saharan, co-founder and CEO of Yantra Packs.
Yantra Packs also operates Trakkia, a technology platform designed to track assets as they move between plants, suppliers and logistics providers. It provides supply-chain visibility and helps customers improve asset utilisation and operational efficiency.
“Thousands of assets move simultaneously across plants, suppliers and logistics intermediaries, with each generating data that needs to be sequenced, reconciled and acted on in real time. We built Trakkia to solve this,” said Vipin Battu, co-founder and chief operating officer.
According to the startup, it has more than 30 enterprise customers and about 250,000 containers in active circulation across eight warehouses.
Prajakt Raut, partner at Caret Capital, said businesses such as Yantra Packs could play a role in improving the profitability and competitiveness of India’s manufacturing sector.
“We see strong tailwinds behind the business as part of the broader India growth story, and it aligns closely with Caret’s mission to reduce 10 million metric tonnes of carbon emissions,” Raut said.
Sharat Goyal, CEO of Impact Infracap, said its association with Yantra Packs had involved providing capital as well as working with management on strategy, governance and decision-making.
“With this fundraise, we are excited to see the company enter its next phase of growth,” Goyal said.
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