Celcius Logistics has secured ₹40 crore in a pre-series B funding round, led by existing investor IvyCap Ventures. Other marquee investors include Mumbai Angels and Caret Capital. The platform connects shippers and transporters and is a one-stop solution for all cold chain requirements, ensuring last mile and hyperlocal delivery for all stakeholders. This follows the Series A funding round of ₹100 crore in April 2023 led by IvyCap Ventures. Celcius Logistics aims to deploy the fresh capital to expand its footprint across its Transportation Management System (TMS) and Warehouse Management System (WMS), further strengthening its cold storage solution. Through this, it aims to expand its reach in over 500 cities in the next one year and help manufacturers sell their perishable products.
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