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Celcius - About the company

Celcius is a series B company based in Navi Mumbai (India), founded in 2020 by Swarup Bose, Arbind Jain and Rajneesh Raman. It operates as a Network of refrigerated transportation, cold storage, and hyper-local delivery services. Celcius has raised $38.6M in funding from investors like IvyCap Ventures, Omnivore and Mumbai Angels, with a current valuation of $*****. The company has 109 active competitors, including 16 funded and 5 that have exited. Its top competitors include companies like BlackBuck, Vahak and Trans India.

Company Details

Network of refrigerated transportation, cold storage, and hyper-local delivery services. It connects shippers and transporters for perishable cargo. The business offers temperature and location tracking. It provides food and pharmaceutical compliant cold storage.
Website
celcius.in
Social
XFacebook
Email ID
*****@celcius.in
Phone Number
+91 **********
Registered Address
OFFICE NO. 2022 TO 2025, AKSHAR BUSINESS PARK PHASE 1, FLOOR 2, H WING, KOPERKIRANE ROAD, VASHI, PLOT NO. 3, NAVI MUMBAI, Sanpada, Thane, Thane, Maharashtra, India, 400703
Key Metrics
Founded Year
2020
Location
Navi Mumbai, India
Stage
Series B
Total Funding
$38.6M in 10 rounds
Post Money Valuation
$***** as on May 21, 2025
Ranked
Annual Revenue
₹50 - ₹100 Cr as on Mar 31, 2024
Employee Count
256 as on Jun 30, 2025
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Celcius's funding and investors

Celcius has raised a total funding of $38.6M over 10 rounds. Its first funding round was on Apr 21, 2021. Its latest funding round was a Venture Debt round on Oct 31, 2025 for $*****. 1 investor participated in its latest round. Celcius has 50 institutional investors and 67 angel investors.

Here is the list of recent funding rounds of Celcius:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Oct 31, 2025
8063214
Venture Debt
4505782
3084208
2894735
9918019
May 06, 2025
1984062
Conventional Debt
7422577
1172474
1604758
Apr 17, 2025
7860257
Series B
8049158
6483036
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Celcius' founders and board of directors

Founder? Claim Profile
The founders of Celcius are Swarup Bose, Arbind Jain and Rajneesh Raman. Swarup Bose is the CEO of Celcius.
Here are the details of Celcius' key team members:

Celcius' Board of Directors

Celcius's board has 3 active members. Swarup Bose, Arbind Jain and Ashish Wadhwani are part of team.
Here is the list of Celcius' board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
5y 11m
Team
-
Current
5y 11m
Investor
-
Current
2y 0m

Celcius' employee count trend

Celcius has 256 employees as of Jun 25. The total employee count is 25.0% more than what it was in Jun 24. Here is Celcius's employee count trend over the years:
Employee count trend for Celcius
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Celcius's Competitors and alternates

Top competitors of Celcius include BlackBuck, Vahak and Trans India. Here is the list of Top 10 competitors of Celcius, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for BlackBuck
BlackBuck
2015, Bengaluru (India), Public
Digital platform providing an integrated logistics solution for freight transportation and management in India.
$359M
76/100
2nd
Logo for Celcius
Celcius
2020, Navi Mumbai (India), Series B
Network of refrigerated transportation, cold storage, and hyper-local delivery services
$38.6M
62/100
3rd
Logo for Vahak
Vahak
2017, Bengaluru (India), Series A
Online marketplace for connecting shippers and transport service providers
$25.9M
56/100
4th
Logo for Trans India
Trans India
2015, Hyderabad (India), Acquired
Online marketplace that connects truck owners with load owners
-
53/100
5th
Logo for WheelsEye
WheelsEye
2017, Gurugram (India), Seed
Online platform for booking trucks and managing logistics services
$1.01M
53/100
6th
Logo for Raaho
Raaho
2015, Gurugram (India), Seed
Operator of a digital network connecting shippers, truckers, and drivers
$7.26M
51/100
7th
Logo for Lobb
Lobb
2015, Bengaluru (India), Seed
Platform connecting transporters and truckers for freight transactions and discovery
$4.56M
50/100
8th
Logo for Trunkpool
Trunkpool
2015, Gurugram (India), Unfunded
Online marketplace platform for freight hauling
-
-
49/100
9th
Logo for Glasswing
Glasswing
2017, Delhi (India), Seed
Online marketplace for on-demand trucking services
$2.35M
49/100
10th
Logo for Trux
Trux
2015, Delhi (India), Deadpooled
Mobile app connecting shippers to logistics service providers
$6M
46/100
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Celcius's Latest cap tables and shareholding

Founders own 31.53%, Funds (largest shareholder) own 53.66%, Enterprises own 1.76% and Angels own 1.33%. The net worth of Celcius's founders is INR 173Cr as of May 21, 2025.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
31.53%
173Cr
5114990
5654430
9106971
7386831
2420719
5698871
7710347
2878466
1626220
3645281
6550024
3791145
2066811
3527117
5450532
5581638
863
960
137
991
924
686
Fund
53.66%
295Cr
8246921
7377902
3687413
2292692
3075340
7334629
8661560
5449433
8432860
7221888
1149214
1588305
3953408
7767450
3395155
7722556
7494430
3792090
3213358
9540065
9177702
5343509
0
0
0
0
0
0
0
0
0
0
0
0
Enterprise
1.76%
9.69Cr
3
1
2
5
Angel
1.33%
7.33Cr
7
4
2
6
ESOP Pool
5.51%
30.3Cr
98343
53262
33655
53530
Other Investors
6.20%
34.1Cr
854448
245877
709402
762183
Total
100.00%
550Cr
8511916
8525463
5980756
8660602
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of Celcius's Shareholding

Celcius's Investments and acquisitions

Celcius has made no investments or acquisitions yet.

Reports related to Celcius

Here is the latest report on Celcius's sector:

News related to Celcius

lockFilter this list
Media has covered Celcius for 1 event in last 1 year, It was about company updates.
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