Celcius, a cold-chain logistics solutions provider, raised $500,000 in seed funding.
The round was led by Mumbai Angels Network. Huddle, Lumis Partners, and investors from Nigeria, Malaysia, and the United States also participated in the round.
The Mumbai-based startup will use the capital for geographical expansion, hiring, and setting up offices in other cities to provide localized services.
Company: Celcius Logistics Solutions Pvt Ltd.
Raised: $500,000
Round: Seed Round
Funding Month: August 2021
Lead Investors: Mumbai Angels Network
Additional Investors: Huddle, Lumis Partners, and investors from Nigeria, Malaysia, and the United States.
Company Website: https://www.celcius.in
Software Category: cold-chain logistics
About the Company: Founded in August 2020 by Swarup Bose, Rajneesh Raman, and Arbind Jain, Celcius Logistics Solutions Pvt. Ltd. has a software-as-a-service platform that connects shippers and transporters of perishable cargo across India. It claims to be the only domestic aggregator providing end-to-end cold-chain solutions.
Source: https://economictimes.indiatimes.com/tech/funding/celcius-gets-500000-in-seed-funding-from-mumbai-angels-others/articleshow/85033555.cms