About Frizit
Frizit is a Transportation, Automotive & Logistics company based in Gurugram (India) founded in 2023 by Jaspinder Singh and Raman Sethi. It delivers an app-based platform for efficient cold supply chain management. It operates on a B2B model. Frizit has raised $64.16 thousand across 1 funding round. Its Indian entity Coldserve Innovations Private Limited reported revenue of ₹28.3 Lakh. Its focus areas include Technology, Logistics, Supply Chain Management and Cold Chain Solutions.
Company details
Frizit, founded in 2023 in Gurugram, India, focuses on leveraging cutting-edge technology, streamlining logistics processes, managing supply chains, and cold chain solutions. Delivers an app-based platform for efficient cold supply chain management. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
- Headquarters Gurugram, India
- Founders Jaspinder Singh, Raman Sethi
- SectorsTransportation, Automotive & Logistics
- Website frizit.in
- Legal Name Coldserve Innovations Private Limited
- Date of Incorporation 30 Dec, 2023
- Jurisdiction Gurgaon, Haryana, India
- Annual Revenue₹28.3 Lakh
FY 2024
- Net Loss-₹53,850
FY 2024 · -2% margin
- EBITDA-₹53,850
FY 2024 · -2% margin
- Total Equity Funding$64.16K (USD)
in 1 rounds
- Latest Funding Round$64.16K (USD), Angel Round
Feb 2026
Associated legal entities of Frizit
Frizit operates through Coldserve Innovations 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 |
|---|---|---|---|---|---|---|---|
| Coldserve Innovations Private Limited CIN U52101HR2023PTC117644 | Active | 30 Dec 2023 | Gurgaon, Haryana | ₹0.3 Cr | 2 | View details |
Funding Insights of Frizit
Frizit has successfully raised a total of $64.16K through 1 strategic funding round. The most recent funding activity was a Angel Round of $64.16 thousand completed in February 2026. 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 $64,161
- Total Rounds 1
- Last Round Angel Round — $64,161
- First Round $64,161
(Feb 2026)
All 1 funding rounds of Frizit 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 |
|---|---|---|---|---|---|
| Feb 2026 | $64,161 | Angel Round | – | – | – |
Board of directors of Coldserve Innovations Private Limited (Frizit)
Coldserve Innovations Private Limited is the primary company behind Frizit. The board of Coldserve Innovations Private Limited currently have 2 directors; the longest-serving is Jaspinder Singh, appointed in 2023. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Jaspinder Singh DIN 07784374 | Director | 30 Dec 2023 | 2 yrs 9 mo | Coldserve Innovations Private Limited |
| Raman Sethi DIN 11166380 | Individual Subscriber | 30 Dec 2023 | 2 yrs 9 mo | Coldserve Innovations Private Limited |
People of Frizit
2 people are tracked at Frizit (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for Frizit
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Frizit
Figures of Coldserve Innovations Private Limited, the primary company behind Frizit, for FY 2024. Revenue was ₹28.3 Lakh. Net loss was -₹53,850 (-2% margin). EBITDA was -₹53,850 (-2% margin).
- ₹28.3 LakhRevenue · FY 2024
- -₹53,850Net loss · -2% margin
- -₹53,850EBITDA · -2% margin
- ₹48 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Coldserve Innovations Private Limited are on its company page.
Detailed financial statements for Frizit
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Frizit
2 dated milestones of Frizit across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Frizit is founded.
- Funding First funding round of $64K.
Top companies in Cold Chain Logistics
3 companies that operate in the same segment as Frizit (Cold Chain Logistics) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Integrated temperature-controlled logistics services are provided for sensitive products. | 1993 | Delhi, Delhi, India | USD 10.4 M | USD 64.38 M | 542 | |
Cold chain logistics solutions are booked through an online platform. | 2020 | Navi Mumbai, Maharashtra, India | USD 56.2 M | USD 5.13 M | 182 | |
Provider of cold chain and dry logistics services | 2018 | Mumbai, Maharashtra, India | USD 1.98 M | USD 953.26 K | 58 |
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Frequently Asked Questions about Frizit
Frizit was founded in 2023 and raised its 1st funding round 3 years after it was founded.
Frizit is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Frizit is a funded company, having raised a total of $64.16K across 1 funding round to date. The company's 1st funding round was a Angel Round of $64.16K, raised on Feb 2026.
The primary company behind Frizit, Coldserve Innovations Private Limited, reported revenue of ₹28.3 Lakh for FY 2024.
Frizit, founded in 2023 in Gurugram, India, focuses on leveraging cutting-edge technology, streamlining logistics processes, managing supply chains, and cold chain solutions. Delivers an app-based platform for efficient cold supply chain management. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
Frizit operates through Coldserve Innovations Private Limited.
The legal entities of Frizit currently have 2 directors, including Jaspinder Singh, Raman Sethi.