About Kelvin Cold Chain
Kelvin Cold Chain is a Transportation, Automotive & Logistics company based in Mumbai (India) founded in 1996, and was acquired by Stellar Value Chain in January 2017. It delivers comprehensive solutions for cold chain logistics. It operates on a B2B model. Kelvin Cold Chain has raised $7.58 million across 3 funding rounds from investors including Stellar Value Chain and Ambit Pragma Advisors. The company has 8 employees. Kelvin Cold Chain was last valued at $10.32 million in March 2016. Its Indian entity Stellar Kelvin Cold Chain Logistics And Distribution Private Limited reported revenue of ₹12.13 Cr. Its focus areas include Logistics, Supply Chain, Cold Chain and Logistics Services. Its competitors include Snowman Logistics, Stellar Value Chain and Pristine Logistics & InfraProjects; 3 of its 3 listed competitors have raised funding.
Company details
Kelvin Cold Chain, founded in 1996 in Mumbai, India, focuses on streamlining logistics processes, optimizing supply chain operations, cold chain, and offering logistics services. Delivers comprehensive solutions for cold chain logistics. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
- Headquarters Mumbai, India
- Employees 8
- Stage Acquired
- SectorsTransportation, Automotive & Logistics
- Website kelvincoldchain.com
- Acquired by Stellar Value Chain (Jan 2017)
- Legal Name Kelvin Cold Chain Logistics Private Limited
- Date of Incorporation 30 Aug, 2007
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹12.13 Cr
FY 2024 · -51% YoY
- Net Loss-₹5.11 Cr
FY 2024 · -42% margin
- EBITDA-₹3.34 Cr
FY 2024 · -28% margin
- Total Equity Funding$7.58M (USD)
in 3 rounds
- Latest Funding Round$446.87K (USD), Series A
Mar 2016
- InvestorsStellar Value Chain
& 1 more
- Employee Count8
- Acquired byStellar Value Chain
(Jan 2017)
Associated legal entities of Kelvin Cold Chain
Kelvin Cold Chain operates through Stellar Kelvin Cold Chain Logistics And Distribution 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 |
|---|---|---|---|---|---|---|---|
| Stellar Kelvin Cold Chain Logistics And Distribution Private Limited CIN U60230MH2007PTC173622 | Active | 30 Aug 2007 | Mumbai, Maharashtra | ₹12.1 Cr | 8 | 3 | View details |
Funding Insights of Kelvin Cold Chain
Kelvin Cold Chain has successfully raised a total of $7.58M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $446.87 thousand completed in March 2016. 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 $7.58M
- Total Rounds 3
- Last Round Series A — $446,874
- First Round $5.33M
(Jul 2012)
- Investors Count 1
All 3 funding rounds of Kelvin Cold Chain 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 |
|---|---|---|---|---|---|
| Mar 2016 | $446,874 | Series A | $10.32M | Ambit Pragma Advisors | – |
| Dec 2014 | $1.8M | Series A | $10.6M | Ambit Pragma Advisors | – |
| Jul 2012 | $5.33M | Series A | $••••• | Ambit Pragma Advisors | – |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2016 | $10.32M | •••••••• |
| Dec 2014 | $10.6M | •••••••• |
| Jul 2012 | $••••• | •••••••• |
Full valuation and stage history of Kelvin Cold Chain
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Last known valuation $10.32M (Mar 2016). 2 investors in total: 2 institutional.
Investors in Kelvin Cold Chain
Kelvin Cold Chain has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Stellar Value Chain and Ambit Pragma Advisors.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Mid-market private equity and venture capital investments are managed. | ambitpragma.com | Mumbai, India | ||
Provider of warehousing, cold & supply chain management, and LTL transportation services | 2016 | stellarvaluechain.com | Mumbai, India |
Investor details for Kelvin Cold Chain
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Board of directors of Stellar Kelvin Cold Chain Logistics And Distribution Private Limited (Kelvin Cold Chain)
Stellar Kelvin Cold Chain Logistics And Distribution Private Limited is the primary company behind Kelvin Cold Chain. The board of Stellar Kelvin Cold Chain Logistics And Distribution Private Limited currently have 3 directors; the longest-serving is Paras Janakbhai Rawal, appointed in 2023. 17 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Paras Janakbhai Rawal DIN 08308044 | Director | 20 Nov 2023 | 2 yrs 11 mo | Stellar Kelvin Cold Chain Logistics And Distribution Private Limited |
| Vivek Saxena DIN 10898339 | Additional Director | 07 Jan 2025 | 1 yr 10 mo | Stellar Kelvin Cold Chain Logistics And Distribution Private Limited |
| Franck Lingua DIN 10885978 | Additional Director | 09 Jun 2025 | 1 yr 5 mo | Stellar Kelvin Cold Chain Logistics And Distribution Private Limited |
Financials of Kelvin Cold Chain
Figures of Stellar Kelvin Cold Chain Logistics And Distribution Private Limited, the primary company behind Kelvin Cold Chain, for FY 2024. Revenue was ₹12.13 Cr (-51% year on year). Net loss was -₹5.11 Cr (-42% margin). EBITDA was -₹3.34 Cr (-28% margin). Revenue has grown at a compounded annual rate of -19% over three years and -6% over five years.
- ₹12.13 CrRevenue · FY 2024 · -51% YoY
- -₹5.11 CrNet loss · -42% margin
- -₹3.34 CrEBITDA · -28% margin
- ₹85.3 LakhPaid-up capital
- 8Employees (provident fund records)
- -19%Revenue CAGR, 3 years
- -6%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Stellar Kelvin Cold Chain Logistics And Distribution Private Limited are on its company page.
Detailed financial statements for Kelvin Cold Chain
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Timeline of Kelvin Cold Chain
5 dated milestones of Kelvin Cold Chain across 21 years, from founding to its latest funding, stage changes and deals.
- Founded Kelvin Cold Chain is founded.
- Funding First funding round of $5.3M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $447K.
- Exit Acquired by Stellar Value Chain.
Competitors of Kelvin Cold Chain
Kelvin Cold Chain has 3 listed competitors in our database, 3 of them funded. They include Snowman Logistics, Stellar Value Chain and Pristine Logistics & InfraProjects.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| snowman.in | 1993 | Delhi, India | $10.4M | 535 | Integrated temperature-controlled logistics services are provided for sensitive products. | |
| stellarvaluechain.com | 2016 | Mumbai, India | $125M | 839 | Provider of warehousing, cold & supply chain management, and LTL transportation services | |
| pristinelogistics.com | 2009 | Delhi, India | $94.5M | 151 | Road transportation and freight forwarding services are provided. |
Detailed competitors of Kelvin Cold Chain
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Web traffic of Kelvin Cold Chain
Websites that share an audience with Kelvin Cold Chain (kelvincoldchain.com).
Websites whose visitors overlap most with Kelvin Cold Chain. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| snowman.in | 30% | 4.1K | #4,495,739 | View details |
Top companies in Cold Chain Logistics
3 companies that operate in the same segment as Kelvin Cold Chain (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 | 541 | |
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 Kelvin Cold Chain
Kelvin Cold Chain was founded in 1996 and raised its 1st funding round 16 years after it was founded.
Kelvin Cold Chain is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Kelvin Cold Chain is a funded company, having raised a total of $7.58M across 3 funding rounds to date. The company's 1st funding round was a Series A of $5.33M, raised on Jul 2012.
Kelvin Cold Chain has 8 employees.
The primary company behind Kelvin Cold Chain, Stellar Kelvin Cold Chain Logistics And Distribution Private Limited, reported revenue of ₹12.13 Cr for FY 2024, down 51% year on year.
Kelvin Cold Chain, founded in 1996 in Mumbai, India, focuses on streamlining logistics processes, optimizing supply chain operations, cold chain, and offering logistics services. Delivers comprehensive solutions for cold chain logistics. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
Kelvin Cold Chain's top competitors include Snowman Logistics, Pristine Logistics & InfraProjects and Stellar Value Chain.
Kelvin Cold Chain has 2 investors. Key investors include Stellar Value Chain, and Ambit Pragma Advisors.
The valuation of Kelvin Cold Chain is $10.32M as of Mar 2016.
Kelvin Cold Chain operates through Stellar Kelvin Cold Chain Logistics And Distribution Private Limited.
Yes. Kelvin Cold Chain was acquired by Stellar Value Chain in January 2017.
The legal entities of Kelvin Cold Chain currently have 3 directors, including Vivek Saxena, Franck Lingua, Paras Janakbhai Rawal.