Carret

Bengaluru, India Founded: 2021 • Age: 5 yrs
Cryptocurrencies are traded through an app-based platform.

About Carret

Carret is a Financial Services company based in Bengaluru (India) founded in 2021 by Shuja Hussain and Neha Kumari. Cryptocurrencies are traded through an app-based platform. Carret has raised $61.44 thousand across 3 funding rounds from investors including Amesten Capital, Yan Wu and Sandeep Nailwal. The company has 1 employees. Its chief executive, as recorded, is Neha Kumari. Its Indian entity Carretx Technologies Private Limited reported revenue of β‚Ή91.2 Lakh. Its focus areas include FinTech, Cryptocurrencies, Investment Industry and Online Trading Platforms.

Company details

Carret was founded in 2021 in Bengaluru, India, within the fintech sector focused on cryptocurrency trading. An online platform is provided for users to invest in digital assets, with features enabling deposits, withdrawals, and trades at any time. The mobile application is accessible on both Android and iOS devices, supporting operations primarily in India.

  • Headquarters Bengaluru, India
  • Employees 1
  • Founders Shuja Hussain, Neha Kumari
  • Sectors
    Financial Services
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website carret.in
  • Social LinkedIn
  • Legal Name Carretx Technologies Private Limited
  • Date of Incorporation 28 Oct, 2021
  • Jurisdiction Bangalore, Karnataka, India
Operational Areas
Key Metrics
  • Annual Revenue
    ₹91.2 Lakh

    FY 2024 · +80% YoY

  • Net Profit
    ₹68,500

    FY 2024 · 1% margin

  • EBITDA
    ₹1.8 Lakh

    FY 2024 · 2% margin

  • Total Equity Funding
    $61.44K (USD)

    in 3 rounds

  • Latest Funding Round
    $30.29K (USD), Angel Round

    Jul 2025

  • Investors
  • Employee Count
    1

Funding Insights of Carret

Carret has successfully raised a total of $61.44K across 3 strategic funding rounds. The most recent funding activity was a Angel Round of $30.29 thousand completed in July 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $61,439
  • Total Rounds 3
  • Last Round Angel Round β€” $30,292
  • First Round $31,147

    (Feb 2022)

  • Investors Count 5

All 3 funding rounds of Carret with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jul 2025$30,292Angel Round––
–
Aug 2022Seed–Amesten Capital
Feb 2022$31,147Angel Round––
Valuation history

5 investors in total: 1 institutional and 4 angel.

Investors in Carret

Carret has secured backing from 5 investors, including venture fund and angel investors. Prominent investors backing the company include Amesten Capital, Yan Wu and Sandeep Nailwal.

All
Venture Fund
Angel
InvestorDescriptionFounded YearDomainLocation
A seed investment fund that targets early-stage blockchain startups.
2018amesten.capitalMumbai, India

Yan Wu

Angel investor focusing on tech startups, based in India.
unknown_bcc8b81a25ad498c8

Sandeep Nailwal

Co-founder of Polygon, prominent blockchain investor, and Indian crypto pioneer
unknown_6fe5183edd6c4806a

Sanjeev Kumar Singh

unknown_0cf981475a8849d8b

Ankit Kumar

unknown_9e03471cca8843199
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Investor details for Carret

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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Board of directors of Carretx Technologies Private Limited (Carret)

Carretx Technologies Private Limited is the primary company behind Carret. The board of Carretx Technologies Private Limited currently have 2 directors; the longest-serving is Neha Kumari, appointed in 2021. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Neha Kumari
DIN 09380702
Director28 Oct 20215 yrsCarretx Technologies Private Limited
Shuja Hussain
DIN 09594060
Director04 May 20224 yrs 6 moCarretx Technologies Private Limited

People of Carret

4 people are tracked at Carret (3 in leadership, 1 in team); the tracked headcount is 1.

NameRoleGroup
Co-FounderLeadership
Co-Founder & CEOLeadership
Ashwin Gopinath
Chief Marketing OfficerLeadership
Lalit Vavdara
SDE IITeam
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Financials of Carret

Figures of Carretx Technologies Private Limited, the primary company behind Carret, for FY 2024. Revenue was ₹91.2 Lakh (+80% year on year). Net profit was ₹68,500 (1% margin). EBITDA was ₹1.8 Lakh (2% margin).

  • ₹91.2 LakhRevenue · FY 2024 · +80% YoY
  • ₹68,500Net profit · 1% margin
  • ₹1.8 LakhEBITDA · 2% margin
  • ₹1 LakhPaid-up capital

Balance sheet, profit and loss, cash flow and ratios of Carretx Technologies Private Limited are on its company page.

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Detailed financial statements for Carret

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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  • Downloads

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Timeline of Carret

3 dated milestones of Carret across 4 years, from founding to its latest funding, stage changes and deals.

  1. Founded Carret is founded.
  2. Funding First funding round of $31K.
  3. Funding Latest funding round, Angel Round, of $30K.

Web traffic of Carret

The website of Carret (carret.in) receives about 4.3K visits a month.

  • Monthly visits
    4.3K

    ▲ 44.1% vs previous month

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Related news about Carret

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Complete news archive for Carret

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Frequently Asked Questions about Carret

Carret was founded in 2021 and raised its 1st funding round 1 year after it was founded.

Carret is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Neha Kumari is the CEO of Carret, as recorded in our data. They have also founded this company.

Carret is a funded company, having raised a total of $61.44K across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $31.15K, raised on Feb 2022.

Carret has 1 employees.

The primary company behind Carret, Carretx Technologies Private Limited, reported revenue of β‚Ή91.2 Lakh for FY 2024, up 80% year on year.

Carret was founded in 2021 in Bengaluru, India, within the fintech sector focused on cryptocurrency trading. An online platform is provided for users to invest in digital assets, with features enabling deposits, withdrawals, and trades at any time. The mobile application is accessible on both Android and iOS devices, supporting operations primarily in India.

Carret has 5 investors. Key investors include Amesten Capital, Yan Wu, Sandeep Nailwal, Sanjeev Kumar Singh, and Ankit Kumar.

Carret operates through Carretx Technologies Private Limited.

The legal entities of Carret currently have 2 directors, including Neha Kumari, Shuja Hussain.

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