About Indicold
Indicold is a company based in Delhi (India) founded in 2019 by Kartik Jalan and Niharika Jalan.. Indicold has raised $1.21 million across 1 funding round from investors including Fundalogical Ventures. The company has 34 employees as of March 22, 2024. Indicold offers products and services including Storage Solutions, Integrated Solutions, and Strategic Solutions. Indicold operates in a competitive market with competitors including Stellar Value Chain, Snowman Logistics, CONCOR, ColdStar Logistics and MachPhy, among others.
- Headquarter Delhi, India
- Employees 34 as on 22 Mar, 2024
- Founders Kartik Jalan, Niharika Jalan
- 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 Indicold Private Limited
- Date of Incorporation 13 Nov, 2019
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$1.44 M (USD)233.44as on Mar 31, 2023
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Net Profit
$20.24 K (USD)202.21as on Mar 31, 2023
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EBITDA
$56.84 K (USD)497.87as on Mar 31, 2023
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Total Equity Funding
$1.21 M (USD)
in 1 rounds
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Latest Funding Round
$1.21 M (USD), Seed
Feb 22, 2024
- Investors
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Employee Count
34
as on Mar 22, 2024
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Products & Services of Indicold
Indicold offers a comprehensive portfolio of products and services, including Storage Solutions, Integrated Solutions, and Strategic Solutions. 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.
Temperature-controlled storage for food and pharma products
Refrigerated transport services for perishable goods
Clearing, forwarding, and planning for cold chain operations
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Funding Insights of Indicold
Indicold has successfully raised a total of $1.21M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.21 million completed in February 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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $1.2M
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First Round
First Round
(22 Feb 2024)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2024 | Amount | Seed - Indicold | Valuation | Fundalogical Ventures |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Indicold
Indicold has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Fundalogical Ventures. 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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Fundalogical Ventures is focused on early growth investments in supply chain and logistics sectors in India.
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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 Indicold
| 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 - Indicold
| 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 |
Indicold Comparisons
Competitors of Indicold
Indicold 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 Stellar Value Chain, Snowman Logistics, CONCOR, ColdStar Logistics and MachPhy, 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 |
Provider of warehousing, cold & supply chain management, and LTL transportation services
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| domain | founded_year | HQ Location |
Integrated temperature-controlled logistics services are provided for sensitive products.
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| domain | founded_year | HQ Location |
Inland container transport by rail and port management are provided.
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| domain | founded_year | HQ Location |
Cold chain storage, warehousing, and transportation services are provided.
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| domain | founded_year | HQ Location |
Provider of sustainable cold chain solutions for various industries. This company designs and manufactures temperature-controlled storage and transportation equipment, including refrigerators, freezers, and portable units. Their offerings cater to the healthcare, agriculture, and fisheries sectors, focusing on affordable and energy-efficient technologies. The company also provides cold storage solutions for post-harvest agriculture and biopharma applications. They offer customized solutions to meet specific client needs.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Indicold
Frequently Asked Questions about Indicold
When was Indicold founded?
Indicold was founded in 2019 and raised its 1st funding round 5 years after it was founded.
Where is Indicold located?
Indicold is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Who is the current CEO of Indicold?
Kartik Jalan is the current CEO of Indicold. They have also founded this company.
Is Indicold a funded company?
Indicold is a funded company, having raised a total of $1.21M across 1 funding round to date. The company's 1st funding round was a Seed of $1.21M, raised on Feb 22, 2024.
How many employees does Indicold have?
As of Mar 22, 2024, the latest employee count at Indicold is 34.
What is the annual revenue of Indicold?
Annual revenue of Indicold is $1.44M as on Mar 31, 2023.
What does Indicold do?
Founded in 2019 and based in Delhi, India, temperature-controlled warehousing, storage, and integrated logistics solutions are offered by Indicold for the food, pharmaceutical, and other industries. Value-added services such as labeling, kitting, and repacking are included, along with engagement modes for storing, moving, or preparing goods. Customers access these through a dedicated online platform. Operations focus on strategic supply chain management across various sectors.
Who are the top competitors of Indicold?
Indicold's top competitors include Snowman Logistics, CONCOR and Stellar Value Chain.
What products or services does Indicold offer?
Indicold offers Storage Solutions, Integrated Solutions, and Strategic Solutions.
Who are Indicold's investors?
Indicold has 1 investor. Key investors include Fundalogical Ventures.
What is Indicold's valuation?
The valuation of Indicold is $5.43M as of Feb 2024.
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