Celcius Logistics raises ₹40 crore ($4.8m) in pre-Series B funding led by IvyCap Ventures for cold storage expansion.
Celcius Logistics, a provider of end-to-end cold-chain solutions, has raised ₹40 crore ($4.8m) in a pre-Series B funding round led by existing investor IvyCap Ventures, with participation from Mumbai Angels and Caret Capital. The company plans to use the funds to enhance its cold storage services and expand its reach to over 500 cities in the next year, enabling manufacturers to sell perishable goods.
May 14, 2024
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