CosmicTaco

Celcius Logistics Secures INR 250 Cr for Expansion

CosmicTaco · 2025-05-06T11:08:34.895176+05:30

- Celcius Logistics has raised INR 250 Cr in a Series B funding round, co-led by Eurazeo and Omnivore, with participation from IvyCap Ventures. - The funds will be used to expand Celcius' presence in non-metro cities and meet working capital needs for its existing business. - Founded in 2020, Celcius provides a digital platform for temperature-controlled transportation and storage, serving industries like ecommerce and healthcare. - The startup plans to increase its network to 1,000 pincodes by 2025, addressing growing demand in tier III & IV markets. - Celcius operates on an asset-light model, partnering with local entrepreneurs to establish distribution hubs and focusing investments on workforce training. Source: [Inc42](https://inc42.com/buzz/celcius-logistics-bags-inr-250-cr-to-expand-presence-in-non-metro-cities/)

Celcius Logistics has raised INR 250 Cr in a Series B funding round, co-led by Eurazeo and Omnivore, with participation from IvyCap Ventures.
The funds will be used to expand Celcius' presence in non-metro cities and meet working capital needs for its existing business.
Founded in 2020, Celcius provides a digital platform for temperature-controlled transportation and storage, serving industries like ecommerce and healthcare.
The startup plans to increase its network to 1,000 pincodes by 2025, addressing growing demand in tier III & IV markets.
Celcius operates on an asset-light model, partnering with local entrepreneurs to establish distribution hubs and focusing investments on workforce training.

Source: Inc42