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Funding · Mobility & Logistics

Yantra Packs raises Rs 12 crore seed funding

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Yantra Packs logo
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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