Funding · Mobility & Logistics
Yantra Packs raises Rs 12 crore seed funding
By Startup Enthusiast ·
- Date
- Company
- Yantra Packs
- What it does
- Reusable industrial packaging and logistics
- Kind
- Funding
- Amount
- Rs 12 crore
- Stage
- seed
- Based in
- Gurugram
- Founded
- 2020
- Sector
- Mobility & Logistics
What they do
Yantra Packs provides reusable pallets, crates, and containers to businesses through a packaging-as-a-service model
What happened
The company raised Rs 12 crore in a seed round led by sustainability-focused investor Caret Capital
Why it matters
The startup uses its Trakkia platform to monitor asset movement and lifecycle for over 30 enterprise clients
The details
- The Gurugram-based startup closed Rs 12 crore in fresh seed capital.
- The transaction was led by sustainability-oriented investment firm Caret Capital.
- The enterprise supplies reusable packaging units such as crates, pallets, and transport containers.
- Clients access these containers through a packaging-as-a-service framework without buying the physical assets.
- The fresh capital will help expand its asset inventory across primary domestic industrial belts.
- Resources will also go toward enhancing the Trakkia tracking software and upgrading repair hubs.
The bigger picture
- Industrial sectors in India are showing rising appetite for circular supply chain solutions.
- Sector peers such as Econovus and InfinityBox have also recently drawn early institutional backing.
- Yantra Packs operates an active fleet of more than 250,000 reusable containers across the country.
About the business
- The business rents out returnable logistics carriers on static-hire and transit-hire contracts.
- Its proprietary system Trakkia monitors container lifecycles, asset distribution, and supply planning.
- The architecture integrates IoT sensors and automated workflows to track checkouts and asset returns.
- It caters to sectors like automotive, consumer durables, retail, and pharmaceuticals.
- The operation runs 8 warehouses alongside over 100 customer touchpoints nationwide.
- The platform currently serves more than 30 enterprise clients.
What happens next
- Enlarge the pool of circulating reusable containers and crates.
- Grow operational coverage across key Indian manufacturing hubs.
- Upgrade the proprietary Trakkia platform and hire additional personnel.
- Strengthen ground infrastructure dedicated to asset storage, transport, and maintenance.
The deal
- Type
- funding
Investors
- Caret Capital (lead) — A Gurugram-headquartered venture capital firm backing sustainability and supply chain ventures.
- Impact Infracap (existing) — An institutional entity that supplied Rs 6 crore in pre-seed backing during December 2024.
Founders
- Karan Saharan, Co-founder & CEO
- Vipin Battu, Co-founder & COO
About Yantra Packs
- Product
- Reusable pallets, crates, containers and returnable transport items through rental and pooling models
- Customers
- Enterprises in manufacturing and logistics seeking sustainable packaging alternatives
- How it makes money
- Asset rental and pooling model where businesses use returnable containers instead of expendable packaging
- What sets it apart
- Technology platform (Trakkia) enabling asset tracking, supply chain visibility and lifecycle management
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