2020
Navi Mumbai (India)
Series B
Celcius is India’s first and only asset-light cold chain marketplace startup. Operating at the intersection of technology and logistics, Celcius provides an integrated online smart platform that delivers end-to-end cold chain supply solutions for industries such as dairy, pharmaceuticals, fresh agro-produce, and frozen foods. The company’s web and app-based SaaS platform brings together consignors, transporters, and cold storage providers, enabling seamless booking and management of reefer trucking and cold storage resources across India.
Online Cold Chain Marketplace: A unified digital platform for matching consignors with transporters and allocating cold storage resources nationwide.
End-to-End Supply Chain Solutions: Includes transportation, warehousing, last-mile, and hyperlocal delivery services.
Network Management: Real-time monitoring and management of cold chain logistics via desktop and mobile applications.
Sector Coverage: Serves perishable product sectors such as dairy, pharma, agriculture, and frozen foods.
Marketplace Commissions: Celcius earns commissions on transactions facilitated through its platform, such as booking reefer vehicle loads or cold storage space.
Subscription Fees: The company may charge subscription or service fees for premium features or value-added services offered to enterprise clients and frequent users (inferred from SaaS industry standards).
Value-Added Services: Revenue from additional logistics solutions like last-mile delivery, hyperlocal distribution, and supply chain analytics.
Technology Licensing: Potential revenue from licensing its proprietary technology platform to other logistics or supply chain operators (inferred from SaaS business models).
Primary Revenue Sources
Transaction-based commissions from bookings of transportation and cold storage.
Service fees for supply chain management, monitoring, and analytics.
Potential SaaS subscription fees for advanced platform functionalities.
B2B: Manufacturers, distributors, and transporters of perishable goods in sectors like dairy, pharma, agriculture, and frozen foods.
SMEs and Large Enterprises: Companies needing scalable, tech-enabled cold chain solutions across India.
Market Expansion: Rapidly scaling its network of transporters and cold storage partners to cover more regions and industries.
Product Innovation: Continuously enhancing its SaaS platform with new features for real-time tracking, analytics, and automation.
Strategic Partnerships: Collaborating with industry players and investors to strengthen its service offerings and geographic reach.
Asset-Light Scaling: Leveraging its digital platform to grow without heavy investment in physical assets, ensuring agility and operational efficiency.
Celcius is revolutionizing India’s cold chain logistics sector with its asset-light, technology-driven marketplace platform. By connecting consignors, transporters, and cold storage providers in real time, Celcius delivers efficient, transparent, and scalable cold chain solutions for a wide range of perishable goods industries. Its marketplace commissions, value-added services, and SaaS-driven revenue streams position it as a high-growth, disruptive player in the logistics and supply chain sector, offering significant value for investors, researchers, and industry professionals seeking insight into the future of cold chain logistics in India.
$54.1 Million
10
$30 Million, Series B
as of May 6, 2025
$34.3 Million
as of July 31, 2024
0.63
as of July 31, 2024
Mumbai Angels
and 8 more196
LogiNext
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Date | Round Name | Amount | Valuation | Revenue | Revenue Multiple | Investors |
---|---|---|---|---|---|---|
May 6, 2025 | Series B | $30 Million | - | - | - | Eurazeo and Omnivore. |
October 23, 2024 | Series A | $214.0 K | - | - | - | GetVantage |
May 7, 2024 | Series A | $4.8 Million | - | - | - | IvyCap Ventures Advisors, Mumbai Angels, Caret Capital, Lumis Partners, Z Nation Lab, Vee Pro Star C, Angel List, Ayush Kothari Trust, Aska Equipments, Cosme Matias Menezes, Investtech, Araiya Hotels |
April 10, 2023 | Series A | $12.2 Million | - | - | - | IvyCap Ventures Advisors ,MaGESpire |
April 5, 2022 | Series A | $4.5 Million | - | $2.1 Million | - | Mumbai Angels, Venture Catalysts, Keiretsu Forum, Supply Chain Labs, Lumis Partners, Z Nation Lab, MaGEHold, Swarnium Multiventures, Endurance Capital, Huddle Ventures , Wellfound, LetsVenture, 10 X Investment, Ayush Kothari Trust, Aska Equipments, Navifour, Akshat Greentech |
February 23, 2022 | Angel | Undisclosed | $24.5 Million | $1.7 Million | - | - |
August 4, 2021 | Seed | $500.0 K | $2.5 Million | $832.0 K | 2.4x | Mumbai Angels, Lumis Partners, Huddle Ventures |
May 11, 2021 | Seed | $2.2 Million | $19.3 Million | $393.0 K | 50.7x | MaGEHold, Keiretsu Forum, Eaglewings Ventures, Huddle Ventures, Kochi Holdings, KiaOra Ventures, Mumbai Angels, Vee Pro Star ,Wellfound, LetsVenture, RCS Advisors, Netgraph, Saujyot Consultancy, Stark Logistics, VAR Enegry & Infra, L and L Law Associates, Skyveil Trade Solutions, Aska Equipments, Lepton Software, Spectrum Trimpex, Investtech, Angel List, Cosme Matias Menezes |
April 21, 2021 | Angel | $60.5 K | $1.5 Million | - | - | - |