Cold-chain marketplace startup, Celcius, announced that they have received an undisclosed amount as seed funding in a round led by Mumbai based Eaglewings Ventures Alliance Network (EVAN), Venture Capital & Private Equity firms MaGEHold, Keiretsu Forum and other investors. The Celcius platform serves as a unique aggregator platform that offers solutions for both Reefer logistics and cold storage warehousing. With the business model validated, this round of seed funding will be utilized to further scale up the partner base, enhance the tech platform, and expand geographically.
“We are ecstatic to announce our seed funding round and are thankful to all our investors. In a short span of six months, we have transported over 2800 tonnes of perishable cargo for sectors like Dairy, Pharma, Fruits, and Seafood across 85 cities in India and have also ventured outside the country. Our aim is to build a technology-driven solution to the problems of the conventional cold-chain network in India.”, said Swarup Bose, Founder and CEO, Celcius