# Celcius Logistics Solutions Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/celcius-logistics-solutions-private

- Industry: Software
- Headquarters: Mumbai, India
- Website: www.celcius.in/
- Total disclosed funding: $32M
- Latest round: Series B (Jan 23, 2025)
- Investors on record: 20

## About

Based in Maharashtra, India, and founded in 2020, Celcius Logistics Solutions Pvt Ltd is an online marketplace for cold chain solutions. The company was co-founded by Swarup Bose, Rajneesh Raman, and Arbind Jain. In May 2025, Celcius Logistics Solutions Private Limited raised an undisclosed amount of series B funding co-led by Eurazeo and Omnivore, with participation from IvyCap Ventures. The round was part of a larger INR 250 billion series B and venture debt round. Celcius Logistics Solutions Pvt Ltda is an online marketplace that offers both Reefer logistics and cold storage warehousing. The company's platform verifies shippers and transporters before listing them, centralizes booking, and helps collate all the data in one system. The company also offers a multi-temperature loading option, a multi-location pickup and drop facility, a rating system for transporters and shippers, and an online bidding system for negotiations. The company will use the funding to scale operations and accelerate its working capital needs in response to increased demand from various business sectors.

## Funding rounds

- Series B, Jan 23, 2025, $14M — Omnivore, IvyCap Ventures
- Series A, Apr 10, 2023, $12M — IvyCap Ventures Group
- Seed, Jan 3, 2022, $4.4M — Keiretsu Forum, Mumbai Angels, Vistra ITCL, Venture Catalysts, Endurance Capital, Huddle, Inc., Milestone Trusteeship Services, LVX, Evan-Group PLC, MaGEHold, Caret Capital
- Seed, Jun 3, 2021, $0.5M — Lumis Partners, RCS Advisors, Mumbai Angels, Milestone Trusteeship Services, LVX, XPanse Services LLP, Vistra ITCL, KiaOra Ventures, MaGEHold, Huddle Ventures
- Seed, May 11, 2021 — Keiretsu Forum, MaGEHold, Eaglewings Ventures

## Investors

- Keiretsu Forum — Seed
- MaGEHold (https://capitalatlas.ai/funds/magehold) — Seed
- Eaglewings Ventures (https://capitalatlas.ai/funds/eaglewings-ventures) — Seed
- Lumis Partners (https://capitalatlas.ai/funds/lumis-partners) — Seed
- RCS Advisors — Seed
- Mumbai Angels (https://capitalatlas.ai/funds/mumbai-angels) — Seed
- Milestone Trusteeship Services — Seed
- LVX (https://capitalatlas.ai/funds/lvx) — Seed
- XPanse Services LLP — Seed
- Vistra ITCL — Seed
- KiaOra Ventures (https://capitalatlas.ai/funds/kiaora-ventures) — Seed
- Huddle Ventures — Seed
- Venture Catalysts (https://capitalatlas.ai/funds/venture-catalysts) — Seed
- Endurance Capital — Seed
- Huddle, Inc. — Seed
- Evan-Group PLC — Seed
- Caret Capital (https://capitalatlas.ai/funds/caret-capital) — Seed
- IvyCap Ventures Group (https://capitalatlas.ai/funds/ivycap-ventures-group) — Series A
- Omnivore (https://capitalatlas.ai/funds/omnivore) — Series B
- IvyCap Ventures — Series B