About Celcius
Celcius is a Transportation, Automotive & Logistics company based in Navi Mumbai (India) founded in 2020 by Rajneesh Raman, Arbind Jain, and Swarup Bose. Cold chain logistics solutions are booked through an online platform. It operates on a Managed Services and Two-Sided Marketplace model. Celcius has raised $56.2 million across 12 funding rounds from investors including Angel List, GetVantage and Mumbai Angels. The company has 182 employees. Celcius was last valued at $50.73 million in April 2025. Its chief executive, as recorded, is Swarup Bose. Its Indian entity Celcius Logistics Solutions Private Limited reported revenue of ₹90.92 Cr. Celcius offers products and services including Reefer Logistics, Cold Storage, Hyper-Local Delivery, and Multi-City Transportation. Its focus areas include Transportation, Logistics and Cold Chain Logistics. Its competitors include BlackBuck, Vahak and Lobb; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Navi Mumbai, India
- Employees 182
- Founders Rajneesh Raman, Arbind Jain, Swarup Bose
- Stage Minicorn
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Phone•••• ••••
- Website celcius.in
- Social LinkedIn X Facebook Instagram
- Legal Name Celcius Logistics Solutions Private Limited
- Date of Incorporation 10 Jul, 2020
- Jurisdiction Thane, Maharashtra, India
- Annual Revenue₹90.92 Cr
FY 2024 · +113% YoY
- Net Loss-₹23.07 Cr
FY 2024 · -25% margin
- EBITDA-₹21.74 Cr
FY 2024 · -24% margin
- Total Equity Funding$56.2M (USD)
in 12 rounds
- InvestorsAngel List
& 105 more
- Employee Count182
Associated legal entities of Celcius
Celcius operates through Celcius Logistics Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Celcius Logistics Solutions Private Limited CIN U63030MH2020PTC341666 | Active | 10 Jul 2020 | Thane, Maharashtra | ₹90.9 Cr | 182 | 3 | View details |
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.
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.
Funding Insights of Celcius
Celcius has successfully raised a total of $56.2M across 12 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 $56.2M
- Total Rounds 12
- First Round $60,497
(Apr 2021)
- Investors Count 106
Latest 10 of 12 funding rounds of Celcius with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2025 | Debt – Venture | – | – | ||
| May 2025 | Debt – Conventional | – | – | ||
| Apr 2025 | $30M | Series B | $50.73M | Eurazeo, Omnivore | |
| Oct 2024 | $214,061 | Series A | – | GetVantage | – |
| May 2024 | $4.8M | Series A | – | IvyCap Ventures Advisors | |
| Apr 2023 | $12.21M | Series A | – | IvyCap Ventures Advisors | |
| Apr 2022 | $4.5M | Series A | – | Mumbai Angels | |
| Feb 2022 | Angel Round | $24.5M | Kavit Sutariya | – | |
| Jan 2022 | $1.71M | Seed | – | – | |
| Aug 2021 | $500,000 | Seed | $••••• | Mumbai Angels, Lumis Partners | – |
| Date | Valuation | Stage |
|---|---|---|
| Apr 2025 | $50.73M | •••••••• |
| Feb 2022 | $24.5M | •••••••• |
| Aug 2021 | $••••• | •••••••• |
| May 2021 | $••••• | •••••••• |
Full valuation and stage history of Celcius
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Verified entity values are shown only after access is granted.
Last known valuation $50.73M (Apr 2025). 106 investors in total: 41 institutional and 65 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity and debt investments are managed across multiple sectors. | 1969 | eurazeo.com | Paris, France | |
Agritech startups are funded by Omnivore, a venture capital entity. | omnivore.vc | Mumbai, India | ||
Venture capital investments in startups from leading Indian institutions across various sectors. | 2011 | ivycapventures.com | Mumbai, India | |
Early-stage venture investments are facilitated by Mumbai Angels network. | 2006 | mumbaiangels.com | Mumbai, India | |
Caret Capital is recognized as a sustainability-focused venture capital fund. | caretcapital.in | Gurugram, India | ||
Investment in alternative assets, businesses, and funds in India. | 2006 | lumispartners.com | Gurugram, India | |
Startup accelerator | 2016 | znationlab.com | Cupertino, United States | |
Multiple sectors are invested in by this private equity firm. | Faridabad, India | |||
Early-stage startup ecosystem is supported by Venture Catalysts in India. | 2015 | venturecatalysts.in | Mumbai, India | |
Accredited investors are networked for private equity funding opportunities. | 2000 | keiretsuforum.com | San Francisco, United States |
Investor details for Celcius
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Verified entity values are shown only after access is granted.
Board of directors of Celcius Logistics Solutions Private Limited (Celcius)
Celcius Logistics Solutions Private Limited is the primary company behind Celcius. The board of Celcius Logistics Solutions Private Limited currently have 3 directors; the longest-serving is Arbind Choradia Jain, appointed in 2020. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Arbind Choradia Jain DIN 07822957 | Director | 10 Jul 2020 | 6 yrs 4 mo | Celcius Logistics Solutions Private Limited |
| Swarup Bose Beemal DIN 07725356 | Director | 10 Jul 2020 | 6 yrs 4 mo | Celcius Logistics Solutions Private Limited |
| Ashish Wadhwani DIN 06620044 | Nominee Director | 15 May 2024 | 2 yrs 5 mo | Celcius Logistics Solutions Private Limited |
People of Celcius
12 people are tracked at Celcius (4 in leadership, 8 in team); the tracked headcount is 182.
| Name | Role | Group |
|---|---|---|
Rajneesh Raman | Co-Founder & COO | Leadership |
| Co-Founder & CTO | Leadership | |
| Co-Founder & CEO | Leadership | |
Raj Gaikwad | Chief Of Staff | Leadership |
Meera Srivastava | Senior Human Resources Manager | Team |
Rohini K Sahu | Experimental Investor Wonder Foods Enterprize | Team |
Vaishnavi Sharma | Legal Counsel | Team |
Tushar Lunkad | Investor | Team |
Savita Bhoir | Finance Team Lead | Team |
Suraj Kumar Sharma | Assistant Operations Manager | Team |
Anjani Jha | Operations And Sales Manager | Team |
Shreya Anjani Kumar | Human Resources Executive | Team |
Complete people profiles for Celcius
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of Celcius
Figures of Celcius Logistics Solutions Private Limited, the primary company behind Celcius, for FY 2024. Revenue was ₹90.92 Cr (+113% year on year). Net loss was -₹23.07 Cr (-25% margin). EBITDA was -₹21.74 Cr (-24% margin). Revenue has grown at a compounded annual rate of +396% over three years.
- ₹90.92 CrRevenue · FY 2024 · +113% YoY
- -₹23.07 CrNet loss · -25% margin
- -₹21.74 CrEBITDA · -24% margin
- ₹10 LakhPaid-up capital
- 182Employees (provident fund records)
- +396%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Celcius Logistics Solutions Private Limited are on its company page.
Detailed financial statements for Celcius
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Celcius
4 dated milestones of Celcius across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Celcius is founded.
- Funding First funding round of $60K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Debt – Venture,.
Competitors of Celcius
Celcius has 3 listed competitors in our database, 3 of them funded. They include BlackBuck, Vahak and Lobb.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| blackbuck.com | 2015 | Bengaluru, India | $358.82M | 1,545 | Fleet operators are connected with truckers through a digital marketplace. | |
| vahak.in | 2017 | Bengaluru, India | $25.89M | 174 | An app-based marketplace is operated for cargo transportation bookings. | |
| lobb.in | 2015 | Bengaluru, India | $4.56M | 120 | Provider of a digital freight brokerage platform connecting transporters and truckers |
Detailed competitors of Celcius
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Verified entity values are shown only after access is granted.
Web traffic of Celcius
Websites that share an audience with Celcius (celcius.in).
Websites whose visitors overlap most with Celcius. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| snowman.in | 100% | 4.1K | #4,495,739 | View details |
Top companies in Logistics Technology & Platforms
3 companies that operate in the same segment as Celcius (Logistics Technology & Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.54 B | USD 2.51 B | 4,488 | |
Integrated logistics services including parcel delivery and warehousing are provided. | 2011 | Gurugram, Haryana, India | USD 1.56 B | USD 1.12 B | 23,536 | |
E-commerce tools for shipping, marketing, and financial services are provided. | 2012 | Gurugram, Haryana, India | USD 321.57 M | USD 135.47 M | 915 |
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Related news about Celcius
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Frequently Asked Questions about Celcius
Celcius was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Celcius is headquartered in Navi Mumbai, India. It is registered at Navi Mumbai, Maharashtra, India.
Swarup Bose is the CEO of Celcius, as recorded in our data. They have also founded this company.
Celcius is a funded company, having raised a total of $56.2M across 12 funding rounds to date. The company's 1st funding round was a Seed of $500K, raised on Apr 2021.
Celcius has 182 employees.
The primary company behind Celcius, Celcius Logistics Solutions Private Limited, reported revenue of ₹90.92 Cr for FY 2024, up 113% year on year.
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.
Celcius offers Reefer Logistics, Cold Storage, Hyper-Local Delivery, and Multi-City Transportation.
Celcius has 106 investors. Key investors include Angel List, GetVantage, Mumbai Angels, Wellfound, and Venture Catalysts.
The valuation of Celcius is $50.73M as of Apr 2025.
Celcius operates through Celcius Logistics Solutions Private Limited.