Guneet Banga
Executive Director at The Caravel Group Limited. Co-Founder and Managing Partner, Parinama Ventures. General Partner, Aera VC.
Guneet Banga is a well-respected and accomplished investor, holding the role of Executive Director at The Caravel Group, a company he skillfully co-founded alongside his father and brother. Over the past six years, Guneet has played a pivotal role in diversifying the company’s focus towards sustainability, climate change, and impact investing, demonstrating his dedication to these crucial global issues. He is at the helm of Caravel Sustainable Investments (CSI), which amalgamates the Group’s commitments in sustainable, impact, ESG, and climate-focused investments. CSI’s diverse portfolio includes public market investments in equities, ETFs, thematic baskets, and fixed income through pioneering green and blue bonds, as well as private investment entities managed by seasoned professionals.
Guneet’s innovative spirit is further exemplified by his co-founding of Parinama in India, a venture specifically targeting climate change and environmental issues, with the potential to be replicated in other developing nations. This venture is a key component of the Indian Climate Impact Investing Tech Ecosystem (ICIITE), which was officially launched in November after extensive groundwork. In tandem with this, he serves on the Indian Government’s Climate Task Force, playing a strategic role in shaping the nation’s climate investment and policy-making.
Moreover, Guneet holds dual roles as a GP and LP in Aera VC, a Singapore-based private investment firm focusing on deep tech ventures geared towards a sustainable future. He is an active member of the World Economic Forum Impact Circle and the Board of the Sustainable Finance Initiative in Hong Kong, contributing to various initiatives at The Impact and the Global Impact Investing Network. Guneet also dedicates his efforts to the Zubin Foundation, a Hong Kong-based charity aiding the ethnic minority community.
Prior to his venture with The Caravel Group, Guneet was a Vice President at Citi, specializing in Capital Markets Origination. His academic credentials include an AB in Economics from Princeton University and an MBA from the Wharton School, University of Pennsylvania, supplemented by prestigious certifications in GRI, PRI, ESG Specialization, among others from world-class institutions like Cambridge, Harvard, Stanford, and Wharton.
Guneet Banga’s roles include:
Executive Director at The Caravel Group Limited.
Co-Founder at Parinama.