Guneet Banga

Guneet Banga is the Co-Founder and Managing Partner of Parinama Group, a climate technology platform dedicated to harnessing India’s intrinsic strengths to develop global solutions. Parinama focuses on building and scaling innovations that address climate challenges at the intersection of emerging markets and sustainable development. In parallel, Mr. Banga serves as Executive Director of The Caravel Group, a global maritime, commodities, and asset management conglomerate, where he has played a key role in expanding the Group’s sustainability, climate action, and impact investment efforts. He leads Caravel Sustainable Investments, which targets ESG-aligned assets through public markets, including equities, thematic ETFs, and green and blue bonds. Until 2024, Mr. Banga was both a GP and LP at Aera VC, an early-growth venture fund investing in deep tech solutions for a sustainable future. Aera VC was recognized by the World Economic Forum in 2023 as one of its “Most Innovative Funds for the Future.” Mr. Banga remains a shareholder, board member, and investor in Aera. Before joining the Caravel Group, Mr. Banga was Vice President in Citi’s Capital Markets Origination division, overseeing equity and equity-linked transactions across India, South Korea, and Southeast Asia. A strong advocate for climate action and sustainability finance, Mr. Banga is an active member of several global platforms. He serves on the Board of the Sustainable Finance Initiative (SFi) in Hong Kong and contributes to working groups within the Global Impact Investing Network and previously the Indian Impact Council. As a member of the World Economic Forum’s Impact Circle, he collaborates with peers across business and philanthropy to accelerate climate solutions. He is also a member of Rocky Mountain Institute’s Solution Council. Mr. Banga holds an MBA in Finance and Strategic Management from the Wharton School and an AB in Economics with certificates in East Asian Studies and Finance from Princeton University, where he is a member of the President’s Circle. He holds GRI and PRI professional certifications and completed the ESG Specialization Program from the Corporate Finance Initiative. He has pursued advanced ESG and impact investing education through programs at Cambridge, Harvard, and other leading institutions. In recognition of his work, Mr. Banga was named “Global Visionary – Impact and Sustainability Icon” by the Times of India’s Vision World Academy in 2023. His work is guided by a conviction that meaningful, scalable climate solutions must originate in and be driven by the needs of the communities most affected. Through both investment and advocacy, he continues to champion sustainability with purpose and pragmatism. Connect with Guneet on Linkedin: https://www.linkedin.com/in/guneet-banga/