About Stellar Value Chain
Stellar Value Chain is a Transportation, Automotive & Logistics company based in Mumbai (India) founded in 2016 by Anshuman Singh, and was acquired by CEVA Logistics in August 2023. Provider of warehousing, cold supply chain management, and LTL transportation services. Stellar Value Chain has raised $125 million across 1 funding round from investors including Warburg Pincus and CEVA Logistics. The company has 839 employees. Stellar Value Chain has completed 2 acquisitions, including Innovative Logistics and Kelvin Cold Chain. Its chief executive, as recorded, is Deven Pabaru. Its Indian entity Stellar Kelvin Cold Chain Logistics And Distribution Private Limited reported revenue of βΉ12.13 Cr. Its focus areas include Transportation and Logistics, Freight Forwarders, Road and Internet First. Its competitors include Snowman Logistics, Indicold and Cogos; 3 of its 3 listed competitors have raised funding.
Company details
Stellar Value Chain was established in 2016 in Mumbai, India, within the logistics sector. Warehousing, cold chain and supply chain management, along with LTL transportation, form the core operations. Consumer contract logistics, facility design, distribution, real-time tracking, and value chain transformation are handled. End-to-end cold chain logistics are managed specifically for food and pharmaceutical industries.
- Headquarters Mumbai, India
- Employees 839
- Founders Anshuman Singh
- Stage Acquired
- SectorsTransportation, Automotive & Logistics
- Phoneβ’β’β’β’ β’β’β’β’
- Website stellarvaluechain.com
- Social LinkedIn X Facebook
- Acquired by CEVA Logistics (Aug 2023)
- Legal Name Stellar Kelvin Cold Chain Logistics And Distribution 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$125M (USD)
in 1 rounds
- Latest Funding Round$125M (USD), Private Equity Round
Aug 2016
- InvestorsWarburg Pincus
& 1 more
- Employee Count839
- Investments & AcquisitionsInnovative Logistics
& 1 more
- Acquired byCEVA Logistics
(Aug 2023)
Associated legal entities of Stellar Value Chain
Stellar Value Chain is associated with 2 registered companies on The Company Check; the primary company is Stellar Kelvin Cold Chain Logistics And Distribution Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| 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 |
| Ceva Contract Logistics India Private Limited CIN U74999MH2016PTC283520 | Active | 12 Jul 2016 | Mumbai, Maharashtra | ₹333 Cr | 531 | 4 | View details |
Funding Insights of Stellar Value Chain
Stellar Value Chain has successfully raised a total of $125M through 1 strategic funding round. The most recent funding activity was a Private Equity Round of $125 million completed in August 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 $125M
- Total Rounds 1
- Last Round Private Equity Round β $125M
- First Round $125M
(Aug 2016)
- Investors Count 1
All 1 funding rounds of Stellar Value 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 |
|---|---|---|---|---|---|
| Aug 2016 | $125M | Private Equity Round | β | Warburg Pincus | β |
2 investors in total: 2 institutional.
Investors in Stellar Value Chain
Stellar Value Chain has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Warburg Pincus and CEVA Logistics.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Multi-stage private equity investments are pursued across diverse sectors. | 1966 | warburgpincus.com | New York, United States | |
Multi-modal freight forwarding, logistics, and value-added services are provided. | 2006 | cevalogistics.com | Hoofddorp, Netherlands |
Investor details for Stellar Value Chain
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Board of directors of Stellar Kelvin Cold Chain Logistics And Distribution Private Limited (Stellar Value Chain)
Stellar Kelvin Cold Chain Logistics And Distribution Private Limited is the primary company behind Stellar Value Chain. The boards of the 2 registered companies of Stellar Value Chain currently have 3 directors; the longest-serving is Paras Janakbhai Rawal, appointed in 2023. 31 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Paras Janakbhai Rawal DIN 08308044 | Director | 20 Nov 2023 | 2 yrs 11 mo | Ceva Contract Logistics India Private Limited, Stellar Kelvin Cold Chain Logistics And Distribution Private Limited |
| Vivek Saxena DIN 10898339 | Additional Director | 07 Jan 2025 | 1 yr 10 mo | Ceva Contract Logistics India Private Limited, Stellar Kelvin Cold Chain Logistics And Distribution Private Limited |
| Franck Lingua DIN 10885978 | Additional Director | 09 Jun 2025 | 1 yr 5 mo | Ceva Contract Logistics India Private Limited, Stellar Kelvin Cold Chain Logistics And Distribution Private Limited |
People of Stellar Value Chain
34 people are tracked at Stellar Value Chain (7 in leadership, 3 in board & advisors, 24 in team); the tracked headcount is 839.
| Name | Role | Group |
|---|---|---|
| Founder & Managing Director | Leadership | |
| CEO | Leadership | |
Dhaval Agarwal | Head Strategy | Leadership |
Mahesh Iyer | CFO | Leadership |
Manish Kumar | Deputy General Manager | Leadership |
Atul Kshirsagar | Deputy Manager (dc Head) | Leadership |
Sunil Mishra | Head Of Talent Acquisition | Leadership |
Viraj Sawhney | Board Member | Board & advisors |
Pradeep Banerjee | Board Member | Board & advisors |
Pradip Kanakia | Board Member | Board & advisors |
Devender Kumar | Operations Manager | Team |
Harsha K V | Deputy Manager | Team |
Jay Pathak | Manager At Stellar Value Chain Solutions Pvt Ltd | Team |
Pradeep Kumar | Branch Manager | Team |
Amitabh Singh | CGO | Team |
Kesav Badisa | Senior Executive Human Resources | Team |
Mukherjee P S | HR Manager | Team |
Satyawan Yadav | Senior Human Resources Generalist | Team |
Alok Rajput | Operations Manager | Team |
Bipul Singh | Operations Manager | Team |
14 more people are available in the full profile.
Complete people profiles for Stellar Value Chain
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Financials of Stellar Value Chain
Figures of Stellar Kelvin Cold Chain Logistics And Distribution Private Limited, the primary company behind Stellar Value 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 Stellar Value Chain
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Investments & Acquisitions by Stellar Value Chain
Stellar Value Chain has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Innovative Logistics and Kelvin Cold Chain.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Provider of warehouse & supply chain management, and express transport solutions | innovativelogistics.in | Mumbai, India | 2011 | Feb 2018 | β’β’β’β’ | |
Delivers comprehensive solutions for cold chain logistics. | kelvincoldchain.com | Mumbai, India | 1996 | Jan 2017 | β’β’β’β’ |
Complete acquisition details for Stellar Value Chain
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Timeline of Stellar Value Chain
5 dated milestones of Stellar Value Chain across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Stellar Value Chain is founded.
- Funding First funding round of $125.0M.
- Acquisition Acquires Kelvin Cold Chain.
- Acquisition Acquires Innovative Logistics.
- Exit Acquired by CEVA Logistics.
Competitors of Stellar Value Chain
Stellar Value Chain has 3 listed competitors in our database, 3 of them funded. They include Snowman Logistics, Indicold and Cogos.
| 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. | |
| indicold.in | 2019 | Delhi, India | $1.21M | 86 | End-to-end cold supply chain and warehouse logistics services are provided. | |
| cogostech.com | 2016 | Bengaluru, India | $4.25M | 89 | Offers an AI-enabled marketplace providing freight transportation services |
Detailed competitors of Stellar Value Chain
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Top companies in Warehousing
3 companies that operate in the same segment as Stellar Value Chain (Warehousing) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Sustainable supply chain solutions are delivered via asset pooling. | 2013 | Mumbai, Maharashtra, India | USD 214.47 M | USD 30.93 M | 246 | |
Integrated supply chain and mobility solutions are provided globally. | 2009 | Mumbai, Maharashtra, India | USD 33.05 M | USD 745.97 M | 227 | |
Multi-modal freight transportation, warehousing, and logistics services are provided globally. | 1993 | Mumbai, Maharashtra, India | USD 18 M | USD 219.35 M | 2,622 |
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Related news about Stellar Value Chain
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Frequently Asked Questions about Stellar Value Chain
Stellar Value Chain was founded in 2016.
Stellar Value Chain is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Deven Pabaru is the CEO of Stellar Value Chain, as recorded in our data.
Stellar Value Chain is a funded company, having raised a total of $125M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $125M, raised on Aug 2016.
Stellar Value Chain has 839 employees.
The primary company behind Stellar Value Chain, Stellar Kelvin Cold Chain Logistics And Distribution Private Limited, reported revenue of βΉ12.13 Cr for FY 2024, down 51% year on year.
Stellar Value Chain was established in 2016 in Mumbai, India, within the logistics sector. Warehousing, cold chain and supply chain management, along with LTL transportation, form the core operations. Consumer contract logistics, facility design, distribution, real-time tracking, and value chain transformation are handled. End-to-end cold chain logistics are managed specifically for food and pharmaceutical industries.
Stellar Value Chain's top competitors include Snowman Logistics, Indicold and Cogos.
Stellar Value Chain has made 2 acquisitions, including Innovative Logistics, and Kelvin Cold Chain.
Stellar Value Chain has 2 investors. Key investors include Warburg Pincus, and CEVA Logistics.
Stellar Value Chain is associated with 2 legal entities: Stellar Kelvin Cold Chain Logistics And Distribution Private Limited, Ceva Contract Logistics India Private Limited.
Yes. Stellar Value Chain was acquired by CEVA Logistics in August 2023.

