Celcius Logistics is a supply chain solution provider, the startup offers end-to-end cold-chain solutions. This startup has secured a $4.8 million fund in a pre-series B round. IvyCap Ventures, an existing investor of Celcius Logistics led the round. Other investors include Caret Capital and Mumbai Angels.  

The startup secured $12 million in the previous Series A funding round held in April last year. That  round was also led by IvyCap Ventures. Celcius Logistics will be using this fund to expand its transportation and warehouse management system. The company is also working on enhancing its  cold storage solution while trying to expand its reach in 500 cities this year in order to help manufacturers sell their products. Celcius Logistics is India’s largest Online cold-chain network. The  company helps sellers and transporters to connect in India. The founder and CEO of Celcius Logistics  emphasized that the company enables manufacturers and transportation agencies in the food and  pharma sector to provide seamless delivery of items.  

Image source: Celcius.in 

The company offersreal-time monitoring updates, and analytics to help reduce wastage of goods. They  provide a Cold chain platform with a web and app-based SaaS platform that offers a complete cold  chain solution network online. The platform helps an individual to connect shippers to and allocate Cold storage resources across India. The platform has already transported over tons of cargo for dairy,  pharma, seafood, fruits, and other agricultural products. The company has big companies working with  them as clients including Zomato, Reliance Pharma, Buskin Robbins, Vadilal, Dominos, Godrej Agrovet, and many more. 

The startup offers a platform that has 4000+ vehicles, 107 cold storage facilities, 200 hyperlocal riders, and 27 distribution centers across India. IvyCap Ventures is the existing investor of Celcius Logistics and has been investing in the company for years. The Founder and managing director of IvyCaps  ventures, Vikram Gupta said that they are proud of Celcius logistics as they are seeing the startup  building a robust cold supply chain. He added that the commitment of the team to enhancing the cold chain industry is acknowledgeable. IvyCap Ventures believes that the investment in this startup will  help it grow further and benefit the stakeholders nationwide.

Conclusion: 

Celcius Logistics is a supply chain solution provider. This startup has secured a $4.8 million fund in a  pre-series B round. This round was led by existing investor IvyCap Ventures, with additional  participation from Caret Capital and Mumbai Angels. The company enables manufacturers and  transportation agencies in the food and pharma sector to provide seamless delivery of items. The  startup offers a platform that has 4000+ vehicles, 107 cold storage facilities, 200 hyperlocal riders, and 27 distribution centers across India. The continued support from IvyCap Ventures underscores  confidence in Celcius’s growth and its significant contributions to the cold-chain industry, benefitting  stakeholders across the nation. The platform has already transported over tons of cargo for dairy,  pharma, seafood, fruits, and other agricultural products. The company has big companies working with  them as clients including Zomato, Reliance Pharma, Buskin Robbins, Vadilal, Dominos, Godrej Agrovet, and many more.