About Citrus Freight
Citrus Freight is a Transportation, Automotive & Logistics company based in Bengaluru (India) founded in 2016 by Biplob Barik and Ricky Goyal. Citrus Freight has raised $636.8 thousand across 3 funding rounds from investors including Indigram Labs, Lumis Partners and Caret Capital. Its chief executive, as recorded, is Biplob Barik. Its Indian entity Boxnbiz Technologies Private Limited reported revenue of ₹8.95 Cr. Citrus Freight offers products and services including Reefer Container Booking App, Freight Service, and Technology Service. Its focus areas include Consumer, Logistics Tech, Freight and Trucking.
Company details
Provider of mobile application for booking refrigerated containers for cargo. The application facilitates viewing rates and vessel schedules from multiple shipping lines. It offers delivery order confirmation and shipment updates. The service provides support for customs clearance, surface transport, and trade finance.
- Headquarters Bengaluru, India
- Founders Biplob Barik, Ricky Goyal
- SectorsTransportation, Automotive & Logistics
- Website category Business and Consumer Services · Shipping and Logistics
- Email••••••••
- Phone•••• ••••
- Website citrusfreight.com
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Boxnbiz Technologies Private Limited
- Date of Incorporation 01 Aug, 2016
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹8.95 Cr
FY 2024 · +3% YoY
- Net Loss-₹1.68 Cr
FY 2024 · -19% margin
- EBITDA-₹1.50 Cr
FY 2024 · -17% margin
- Total Equity Funding$636.8K (USD)
in 3 rounds
- Latest Funding Round$300K (USD), Seed
May 2025
- InvestorsIndigram Labs
& 3 more
Associated legal entities of Citrus Freight
Citrus Freight operates through Boxnbiz Technologies 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 |
|---|---|---|---|---|---|---|---|
| Boxnbiz Technologies Private Limited CIN U72200KA2016PTC095414 | Active | 01 Aug 2016 | Bangalore, Karnataka | ₹8.9 Cr | 17 | 2 | View details |
Products & Services of Citrus Freight
Citrus Freight offers a comprehensive portfolio of products and services, including Reefer Container Booking App, Freight Service, and Technology Service.
App for booking and managing refrigerated containers for perishable exports.
Services for exporting reefer cargo with competitive rates and schedules.
Cloud-based platform for perishable logistics and customs solutions.
Apps and channels of Citrus Freight
Citrus Freight publishes 1 mobile app with over 10K+ downloads; its YouTube channel Citrus has 600 subscribers and 30 videos.
Videos from Citrus Freight
The most watched videos on Citrus Freight's YouTube channel, Citrus (600 subscribers). Click a video to play it here.
More on Citrus.
Funding Insights of Citrus Freight
Citrus Freight has successfully raised a total of $636.8K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $300 thousand completed in May 2025. 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 $636,800
- Total Rounds 3
- Last Round Seed — $300,000
- First Round $96,500
(May 2022)
- Investors Count 4
All 3 funding rounds of Citrus Freight 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 |
|---|---|---|---|---|---|
| May 2025 | $300,000 | Seed | – | – | |
| Nov 2023 | $240,300 | Seed | – | Lumis Partners | – |
| May 2022 | $96,500 | Seed | – | Intercont | – |
4 investors in total: 4 institutional.
Investors in Citrus Freight
Citrus Freight has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Indigram Labs, Lumis Partners and Caret Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Incubation and support for startups in agritech, foodtech, clean tech, and rural healthcare sectors. | 2016 | indigramlabs.org | Delhi, 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 | |
| intercontliner.com |
Investor details for Citrus Freight
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Verified entity values are shown only after access is granted.
Board of directors of Boxnbiz Technologies Private Limited (Citrus Freight)
Boxnbiz Technologies Private Limited is the primary company behind Citrus Freight. The board of Boxnbiz Technologies Private Limited currently have 2 directors; the longest-serving is Ricky R Goyal, appointed in 2016. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ricky R Goyal DIN 07571521 | Director | 01 Aug 2016 | 10 yrs 2 mo | Boxnbiz Technologies Private Limited |
| Biplob Barik DIN 07571549 | Director | 01 Aug 2016 | 10 yrs 2 mo | Boxnbiz Technologies Private Limited |
People of Citrus Freight
2 people are tracked at Citrus Freight (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
| Co-Founder & COO | Leadership |
Complete people profiles for Citrus Freight
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Verified entity values are shown only after access is granted.
Financials of Citrus Freight
Figures of Boxnbiz Technologies Private Limited, the primary company behind Citrus Freight, for FY 2024. Revenue was ₹8.95 Cr (+3% year on year). Net loss was -₹1.68 Cr (-19% margin). EBITDA was -₹1.50 Cr (-17% margin). Revenue has grown at a compounded annual rate of +49% over three years and +47% over five years.
- ₹8.95 CrRevenue · FY 2024 · +3% YoY
- -₹1.68 CrNet loss · -19% margin
- -₹1.50 CrEBITDA · -17% margin
- ₹1.5 LakhPaid-up capital
- 17Employees (provident fund records)
- +49%Revenue CAGR, 3 years
- +47%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Boxnbiz Technologies Private Limited are on its company page.
Detailed financial statements for Citrus Freight
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
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Timeline of Citrus Freight
3 dated milestones of Citrus Freight across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Citrus Freight is founded.
- Funding First funding round of $96K.
- Funding Latest funding round, Seed, of $300K.
Web traffic of Citrus Freight
The website of Citrus Freight (citrusfreight.com) receives about 8.5K visits a month and ranks #2,671,079 among all websites worldwide, #9,703 in Shipping and Logistics.
- Monthly visits8.5K
▲ 1.6% vs previous month
- Unique visitors3.6K
per month
- Global rank#2,671,079
among all websites
- Category rank#9,703
Business and Consumer Services · Shipping and Logistics
- Bounce rate39%
- Pages per visit1.6
- Average visit24 sec
- DevicesDesktop 26% · Mobile 74%
Websites whose visitors overlap most with Citrus Freight. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| patel-india.com | 100% | 3.9K | #4,738,922 | View details | |
cargohandbook.com | cargohandbook.com | 99% | #531,242 | – | |
| bestroadways.com | 98% | 7.8K | #3,054,398 | View details | |
awlindia.com | awlindia.com | 95% | #2,254,757 | – | |
| allcargologistics.com | 95% | 75.8K | #763,648 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Citrus Freight
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Verified entity values are shown only after access is granted.
Top companies in Logistics Technology & Platforms
3 companies that operate in the same segment as Citrus Freight (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 3.62 B | USD 2.46 B | 4,488 | |
Integrated logistics services including parcel delivery and warehousing are provided. | 2011 | Gurugram, Haryana, India | USD 1.25 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 Citrus Freight
Complete news archive for Citrus Freight
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Frequently Asked Questions about Citrus Freight
Citrus Freight was founded in 2016 and raised its 1st funding round 6 years after it was founded.
Citrus Freight is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Biplob Barik is the CEO of Citrus Freight, as recorded in our data. They have also founded this company.
Citrus Freight is a funded company, having raised a total of $636.8K across 3 funding rounds to date. The company's 1st funding round was a Seed of $96.5K, raised on May 2022.
The primary company behind Citrus Freight, Boxnbiz Technologies Private Limited, reported revenue of ₹8.95 Cr for FY 2024, up 3% year on year.
Provider of mobile application for booking refrigerated containers for cargo. The application facilitates viewing rates and vessel schedules from multiple shipping lines. It offers delivery order confirmation and shipment updates. The service provides support for customs clearance, surface transport, and trade finance.
Citrus Freight offers Reefer Container Booking App, Freight Service, and Technology Service.
Citrus Freight has 4 investors. Key investors include Indigram Labs, Lumis Partners, Caret Capital, and Intercont.
Citrus Freight operates through Boxnbiz Technologies Private Limited.
The legal entities of Citrus Freight currently have 2 directors, including Ricky R Goyal, Biplob Barik.
Yes. Citrus Freight publishes Citrus-ship perishables online, with over 10,000 downloads.