About Celcius
Celcius is a company based in Navi Mumbai (India) founded in 2020 by Rajneesh Raman, Arbind Jain, and Swarup Bose. It operates as a Managed Services, and Two-Sided Marketplace. Celcius has raised $54.49 million across 11 funding rounds from investors including Angel List, GetVantage and Mumbai Angels. The company has 182 employees as of November 19, 2024. Celcius offers products and services including Reefer Logistics, Cold Storage, Hyper-Local Delivery, and Multi-City Transportation. Celcius operates in a competitive market with competitors including BlackBuck, Vahak, Lobb, Trans India and Onmove, among others.
- Headquarter Navi Mumbai, India
- Employees 182 as on 19 Nov, 2024
- Founders Rajneesh Raman, Arbind Jain, Swarup Bose
- Stage Minicorn
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Celcius Logistics Solutions Private Limited
- Date of Incorporation 10 Jul, 2020
- Jurisdiction Thane, Maharashtra, India
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Annual Revenue
$5.13 M (USD)208.51as on Mar 31, 2023
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Net Profit
$-974.76 K (USD)-264.5as on Mar 31, 2023
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EBITDA
$-879 K (USD)-234.94as on Mar 31, 2023
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Total Equity Funding
$54.49 M (USD)
in 11 rounds
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Latest Funding Round
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Investors
Angel List
& 105 more
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Employee Count
182
as on Nov 19, 2024
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Products & Services of Celcius
Celcius offers a comprehensive portfolio of products and services, including Reefer Logistics, Cold Storage, Hyper-Local Delivery, and Multi-City Transportation. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Refrigerated transport services are provided for perishable goods.
Certified cold storage facilities are offered for perishables.
Local delivery services are managed for quick distribution.
Transportation across multiple cities is facilitated for clients.
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Funding Insights of Celcius
Celcius has successfully raised a total of $54.49M across 11 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 11
- Last Round Last Round
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First Round
First Round
(21 Apr 2021)
- Investors Count 106
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2025 | Amount | Debt – Venture - Celcius | Valuation |
investors |
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| May, 2025 | Amount | Debt – Conventional - Celcius | Valuation |
investors |
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| Apr, 2025 | Amount | Series B - Celcius | Valuation | Eurazeo , Omnivore |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Celcius
Celcius has secured backing from 106 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Angel List, GetVantage and Mumbai Angels. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private equity and debt investments are managed across multiple sectors.
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Founded Year | Domain | Location | |
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Agritech startups are funded by Omnivore, a venture capital entity.
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Founded Year | Domain | Location | |
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Venture capital investments in startups from leading Indian institutions across various sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Celcius
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Celcius
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Celcius Comparisons
Competitors of Celcius
Celcius operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as BlackBuck, Vahak, Lobb, Trans India and Onmove, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Fleet operators are connected with truckers through a digital marketplace.
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| domain | founded_year | HQ Location |
An app-based marketplace is operated for cargo transportation bookings.
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| domain | founded_year | HQ Location |
Provider of a digital freight brokerage platform connecting transporters and truckers
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| domain | founded_year | HQ Location |
Online marketplace that connects truck owners with load owners
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| domain | founded_year | HQ Location |
Technology-enabled platform for transportation management services
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Celcius
Frequently Asked Questions about Celcius
When was Celcius founded?
Celcius was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is Celcius located?
Celcius is headquartered in Navi Mumbai, India. It is registered at Navi Mumbai, Maharashtra, India.
Who is the current CEO of Celcius?
Swarup Bose is the current CEO of Celcius. They have also founded this company.
Is Celcius a funded company?
Celcius is a funded company, having raised a total of $54.49M across 11 funding rounds to date. The company's 1st funding round was a Series B of $30M, raised on Apr 21, 2021.
How many employees does Celcius have?
As of Nov 19, 2024, the latest employee count at Celcius is 182.
What is the annual revenue of Celcius?
Annual revenue of Celcius is $5.13M as on Mar 31, 2023.
What does Celcius do?
Celcius is established as Indias largest online cold chain network, specializing in logistics and storage solutions for perishable goods. Services including reefer logistics, cold storage, hyper-local delivery, and multi-city transportation are provided across over 40 cities. The network connects shippers and transporters, ensuring certified facilities for food and pharmaceutical products. Live tracking and 247 support are offered to maintain service quality. Expansion and innovation in cold chain technology are prioritized with recent funding of Rs 100 Cr in Series A.
Who are the top competitors of Celcius?
What products or services does Celcius offer?
Celcius offers Reefer Logistics, Cold Storage, Hyper-Local Delivery, and Multi-City Transportation.
Who are Celcius's investors?
Celcius has 106 investors. Key investors include Angel List, GetVantage, Mumbai Angels, Wellfound, and Venture Catalysts.
What is Celcius's valuation?
The valuation of Celcius is $50.73M as of Apr 2025.
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