Celcius Logistics Bags INR 250 Cr To Expand Footprint

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SUMMARY

The equity round, which was a mix of primary and secondary transactions, was co-led by Eurazeo and Omnivore, with participation from IvyCap Ventures

Celcius also plans to use the debt to meet its working capital needs for the existing business, while the equity funding will be used to expand its presence in non-metro cities

Founded in 2020, Celcius offers a digital platform that connects shippers and transporters and offers solutions for temperature-controlled transportation and storage

Cold-chain logistics provider



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Celcius Logistics Bags INR 250 Cr To Expand Footprint


SUMMARY

The equity round, which was a mix of primary and secondary transactions, was co-led by Eurazeo and Omnivore, with participation from IvyCap Ventures

Celcius also plans to use the debt to meet its working capital needs for the existing business, while the equity funding will be used to expand its presence in non-metro cities

Founded in 2020, Celcius offers a digital platform that connects shippers and transporters and offers solutions for temperature-controlled transportation and storage

Cold-chain logistics provider



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi 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.

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