Karras

Sydney, Australia Founded: 1976 • Age: 50 yrs Acquired By NewCold
Integrated refrigerated transport, cold storage, and logistics services are offered.

About Karras

Karras is a company based in Sydney (Australia) founded in 1976 was acquired by NewCold in November 2023.. Karras offers products and services including Refrigerated Interstate Transport, Temperature Controlled Warehousing, Refrigerated Local Distribution, Technology Integration, and Cold Chain Logistics Consulting. Karras operates in a competitive market with competitors including Melbourne Cold Storage, ScottsRL, Wilpak Group International, Be Cool Refrigerated Couriers and AHG Refrigerated Logistics, among others.

  • Headquarter Sydney, Australia
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
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Operational Areas
Transportation, Automotive & Logistics → Supply Chain, Freight & Logistics
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    NewCold

    (Nov 17, 2023)

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Products & Services of Karras

Karras offers a comprehensive portfolio of products and services, including Refrigerated Interstate Transport, Temperature Controlled Warehousing, Refrigerated Local Distribution, Technology Integration, and Cold Chain Logistics Consulting. 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.

Primary

Service for refrigerated goods movement across states.

Storage in controlled environments for perishable items.

Local and regional delivery of temperature-sensitive products.

Solutions for efficient communication and reporting in supply chains.

Advice on maintaining integrity in refrigerated logistics processes.

Funding Insights of Karras

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Karras

Karras has secured backing from 1 investor. Prominent investors backing the company include NewCold. 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.

All
Investor Description Founded Year Domain Location
Cold chain logistics services are provided for temperature-sensitive goods.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Karras

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Karras

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Karras Comparisons

Employees
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Competitors of Karras

Karras 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 Melbourne Cold Storage, ScottsRL, Wilpak Group International, Be Cool Refrigerated Couriers and AHG Refrigerated Logistics, 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
Provides tailored cold chain storage, logistics, and warehousing for chilled and frozen food items.
domain founded_year HQ Location
Provides refrigerated logistics services for businesses.
domain founded_year HQ Location
Delivers temperature-controlled packaging, transportation, and logistics solutions.
domain founded_year HQ Location
Offers refrigerated home delivery and logistics services nationwide in Australia.
domain founded_year HQ Location
Delivers multi-modal transport, 3PL, and cold-chain logistics services.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Karras

NewCold acquires Karras Cold Logistics
Trailermag2 years ago

Frequently Asked Questions about Karras

When was Karras founded?

Karras was founded in 1976.

Where is Karras located?

Karras is headquartered in Sydney, Australia. It is registered at Sydney, New South Wales, Australia.

What does Karras do?

Provider of integrated refrigerated transport, cold storage, and logistics services. It offers interstate and local refrigerated transport solutions, catering to various freight sizes. Large-scale cold storage warehouses are strategically located to ensure efficient operations, providing both frozen and chilled storage options. The company also integrates technology solutions to enhance efficiency and communication, offering customized cold chain processes and reporting. Services include temperature-controlled warehousing and distribution, along with cold chain logistics consulting. A dedicated support team ensures prompt issue resolution and flexible service adjustments to meet client needs. The company utilizes premium equipment to maintain temperature integrity and reliability.

Who are the top competitors of Karras?

Karras's top competitors include Melbourne Cold Storage, ScottsRL and Wilpak Group International.

What products or services does Karras offer?

Karras offers Refrigerated Interstate Transport, Temperature Controlled Warehousing, Refrigerated Local Distribution, Technology Integration, and Cold Chain Logistics Consulting.

Who are Karras's investors?

Karras has 1 investor. Key investors include NewCold.

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