Celcius Logistics Raises Rs 250 Cr Funding In Series B Round

Cold chain aggregator Celcius Logistics has raised Rs 250 Crore in its Series B funding round, which was a mix of equity and debt.

Global investment firm Eurazeo and impact venture capital firm Omnivore led the funding round.

Existing investor IvyCap Ventures and debt partners including Trifecta Capital, Lighthouse Canton, BlackSoil, UCIC and GetVantage also participated in this round.

Funding Utilisation

The company will use debt to cover day-to-day expenses, while equity funds will support its growth plans. About 5% of the round came from early investors who sold part of their shares.

The fresh funds will help the company to grow its presence from 600 to over 1,000 cities in India by the end of this financial year and improve its tech platform.

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"If you look back 10 years, the cold chain was not a very important part of logistics. Today, the government, investors and the market are all highly conscious of cold chain, sustainability, food security and food safety. There is a strong awareness and willingness to invest in this industry,” said, Swarup Bose, founder and CEO of Celcius Logistics.

“As climate volatility accelerates and global demand for resilient infrastructure grows, there is a critical need for intelligent platforms that drive both decarbonisation and systemic reliability at scale,” said Eurazeo managing director Ernest Xue, who joined Celcius board.

Jinesh Shah, managing partner at Omnivore, "Celcius revolutionised cold chain logistics and to meet the urgent need for energy-efficient, climate-resilient solutions in a warming world”.

About Celcius Logistics

Founded in 2020 by Swarup Bose, Rajneesh Raman and Arbind Jain, Celcius is a digital platform that connects shippers and transporters, offering easy-to-use solutions for temperature-controlled transport and storage. It streamlines bookings and brings all data into one system.

Its cold-chain services support industries like quick commerce, e-commerce, agriculture, and healthcare—mainly handling perishable items like medicines and fresh food.

Currently, Celcius operates with 150+ cold storage and distribution centers, serving around 600 pincodes across India.

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