JustDeliveries raises Rs 5.5 Cr to expand cold chain logistics

JustDeliveries, a new-age cold chain logistics startup focused on mid-mile transport for India’s food and beverage sector, has raised INR 5.5 crore in a funding round co-led by VC Grid and NABVentures. Other participants included LetsVenture, Anay Ventures, and FAAD Network. The funding brings the company’s total capital raised to $2 million (approximately INR 15.9 crore), as per a press release from the company. Operating in a logistics market valued at $200 billion JustDeliveries is working to bring structure and reliability to perishable goods transport. Its plug-and-play, asset-light third-party logistics model is already in place across five major Indian cities: Mumbai, Pune, Bangalore, Delhi, and Hyderabad. The fresh funds will now power expansion into three more cities, including Lucknow and Chennai, while also strengthening its technology infrastructure.