About Coldex
Coldex is a company based in Delhi (India) founded in 1999 by Gaurav Jain was acquired by Asia Climate Partners in February 2016. Coldex has raised $22 million across 6 funding rounds from investors including Duane Ventures, Sabre Partners India and Duane Park. The company has 125 employees as of October 31, 2024. Coldex operates in a competitive market with competitors including Lineage, Radhakrishna Foodland, Culina Group, Red Sky and Congebec, among others.
- Headquarter Delhi, India
- Employees 125 as on 31 Oct, 2024
- Founders Gaurav Jain
- 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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Annual Revenue
$113.31 M (USD)30as on Mar 31, 2024
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Net Profit
$234.74 K (USD)448as on Mar 31, 2024
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EBITDA
$2.11 M (USD)58as on Mar 31, 2024
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Total Equity Funding
$22 M (USD)
in 6 rounds
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Latest Funding Round
$1.2 M (USD), Series A
Jun 15, 2024
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Investors
Duane Ventures
& 7 more
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Employee Count
125
as on Oct 31, 2024
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Acquired by
Asia Climate Partners
(Feb 23, 2016)
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People of Coldex
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Funding Insights of Coldex
Coldex has successfully raised a total of $22M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $1.2 million completed in June 2024. 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.
Investors in Coldex
Coldex has secured backing from 8 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Duane Ventures, Sabre Partners India and Duane Park.
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Duane Ventures is engaged in startup investment activities.
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Private equity investments in financial services, fintech, healthcare, and healthtech sectors in India.
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Private equity investments in India are managed by the firm.
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Investor details for Coldex
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Investments & Acquisitions by Coldex
Investment portfolio details for Coldex
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Financial Statements - Coldex
Detailed financials for Coldex
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Coldex Comparisons
Peer comparison for Coldex
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Competitors of Coldex
Coldex 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 Lineage, Radhakrishna Foodland, Culina Group, Red Sky and Congebec, among others.
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Lineage is recognized as a leader in cold storage and logistics solutions.
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Tech-enabled cold supply chain solutions and logistics services are provided.
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Temperature-controlled warehousing, packaging, and transportation services are provided.
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Cloud-based supply chain software for enterprise freight tracking is provided.
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Supply chain solutions are offered to the foodservice industry.
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Provider of freight forwarding, warehousing, packaging, and transportation solutions for agribusinesses and farmers
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Detailed competitors of Coldex
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Latest news on Coldex
Complete news archive for Coldex
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Frequently Asked Questions about Coldex
Coldex was founded in 1999 and raised its 1st funding round 11 years after it was founded.
Coldex is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Coldex is a funded company, having raised a total of $22M across 6 funding rounds to date.
As of Oct 31, 2024, the latest employee count at Coldex is 125.
Annual revenue of Coldex is $113.31M as on Mar 31, 2024.
Coldex was founded in 1999 and is based in Delhi, India. Operations focus on the temperature-controlled logistics sector, where cold chain transportation, secondary and tertiary distribution, freight management, supply chain solutions, and storage services are offered. These activities support distribution and trucking needs across various supply chain requirements in the region.
Coldex's top competitors include Lineage, Radhakrishna Foodland and Culina Group.
Coldex has 8 investors. Key investors include Duane Ventures, Sabre Partners India, Duane Park, India Equity Partners, and Feedbridge Equity.
The valuation of Coldex is $62.89M as of Jun 2024.