Celcius Secures INR 100 Crore Funding to Revolutionize Cold Supply Chain Management Industry

Share via:

Celcius Logistics, a cold chain marketplace startup, announced that it has raised INR 100 crore ($13.3 million) in Series A funding led by IvyCap Ventures. The funds will be used to organise the sector through the adoption of smart tech in order to create an unbroken cold chain. Celcius offers an integrated online platform that provides end-to-end supply chain solutions, including transport, warehousing, and last-mile and hyperlocal delivery services for all stakeholders across the cold chain network.

“From just five employees during the pandemic, we have become a leading player in the cold supply chain industry, with a team of 125 dedicated employees and an operational presence in more than 350 cities across the country,” said Swarup Bose, Founder and CEO, Celcius.

“We aim to expand our operations further and build a seamless, and truly unbroken cold supply chain, ensuring food security for all. We are also working towards introducing smart tech innovations to address challenges in the pharma sector,” Bose added.

It has a network fleet of over 4,500 reefer vehicles, 107 cold storage facilities, 7 distribution centres, over 100 hyperlocal riders and a team of 125 dedicated employees. The startup has clients like Zomato, Maersk, Prabhat Dairy, Baskin Robbins, Vadilal, Domino’s, Keventers and Godrej Agrovet.

Sarthak Luthra
Sarthak Luthra
Hey, there! I am the tech guy. I get things running around here and I post sometimes. ~ naam toh suna hi hoga, ab kaam bhi dekhlo :-)

Popular

More Like this

Celcius Secures INR 100 Crore Funding to Revolutionize Cold Supply Chain Management Industry

Celcius Logistics, a cold chain marketplace startup, announced that it has raised INR 100 crore ($13.3 million) in Series A funding led by IvyCap Ventures. The funds will be used to organise the sector through the adoption of smart tech in order to create an unbroken cold chain. Celcius offers an integrated online platform that provides end-to-end supply chain solutions, including transport, warehousing, and last-mile and hyperlocal delivery services for all stakeholders across the cold chain network.

“From just five employees during the pandemic, we have become a leading player in the cold supply chain industry, with a team of 125 dedicated employees and an operational presence in more than 350 cities across the country,” said Swarup Bose, Founder and CEO, Celcius.

“We aim to expand our operations further and build a seamless, and truly unbroken cold supply chain, ensuring food security for all. We are also working towards introducing smart tech innovations to address challenges in the pharma sector,” Bose added.

It has a network fleet of over 4,500 reefer vehicles, 107 cold storage facilities, 7 distribution centres, over 100 hyperlocal riders and a team of 125 dedicated employees. The startup has clients like Zomato, Maersk, Prabhat Dairy, Baskin Robbins, Vadilal, Domino’s, Keventers and Godrej Agrovet.

Disclaimer

At StartupNews.fyi we strive to uphold the highest ethical standards in all of our reporting and coverage. We want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Sarthak Luthra
Sarthak Luthra
Hey, there! I am the tech guy. I get things running around here and I post sometimes. ~ naam toh suna hi hoga, ab kaam bhi dekhlo :-)

More like this

Elon Musk’s Starlink and Amazon enter satellite spectrum battle...

Elon Musk's Starlink and Amazon, led by Jeff Bezos,...

Kenyan court rules Meta as primary employer in content...

A Kenyan court has handed down a ruling stating...

Apple expands presence in India with plans for more...

Apple, the renowned technology company, is set to further...

Popular

Upcoming Events

Startup Bootcamp - Entrepreneurship Alchemy | May 18 - July 6

Transforming Ideas into Gold: Learn The Entrepreneurship Alchemy"

The Startup Mixer - Bengaluru | June 04

Pushstart presents The Startup Mixer, which is coming to Bengaluru on 4th June (Sunday).

The Startup Mixer - Mumbai | June 04

Pushstart presents The Startup Mixer, which is coming to Mumbai on 4th June (Sunday).

CoinDCX Lucknow Chapter - The Power of Web3 Communities | June 03

With the rapid growth of Web3 technologies, such as blockchain and crypto, it has...

Startup Information that matters. Get in your inbox Daily!

325th Startup Meetup @ Delhi 3rd June - Sold Out