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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 facilitating refrigerated transportation and storage for perishable cargo goods. Celcius has raised $38.3M in funding from investors like IvyCap Ventures, Omnivore and Mumbai Angels, with a current valuation of $*****. The company has 117 active competitors, including 16 funded and 4 that have exited. Its top competitors include companies like Porter, Vahak and Raaho.

Company Details

Network facilitating refrigerated transportation and storage for perishable cargo goods. This platform connects shippers with transporters to manage the movement of temperature-sensitive items. Services include multi-city logistics, local delivery, and access to certified storage facilities. The system provides tracking capabilities to monitor temperature and transit status for various types of perishable inventory.
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
$38.3M in 11 rounds
Post Money Valuation
$***** as on May 21, 2025
Ranked
Annual Revenue
₹50 - ₹100 Cr as on Mar 31, 2024
Employee Count
309 as on Mar 31, 2026
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Celcius's funding and investors

Celcius has raised a total funding of $38.3M over 11 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 51 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
4429603
Venture Debt
4795530
9423578
6479381
7390785
May 06, 2025
4973386
Conventional Debt
6590304
9479566
2619911
Apr 17, 2025
6109239
Series B
9548409
6298050
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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 5 active members. Swarup Bose, Arbind Jain, Ashish Wadhwani, Ashish Wadhwani and Ernest Renkai Xue are part of team.
Here is the list of Celcius' board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
6y 3m
Team
-
Current
6y 3m
Investor
-
Current
2y 5m
fpqcllx
Investor
-
Past
7y 9m
cqpuogb
Investor
-
Past
4y 5m

Celcius' employee count trend

Celcius has 309 employees as of Mar 26. The total employee count is 33.0% more than what it was in Mar 25. 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 Porter, Vahak and Raaho. 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 Porter
Porter
2014, Bengaluru (India), Series F
Provider of on-demand logistics and goods transportation services
$198M
76/100
2nd
Logo for Vahak
Vahak
2017, Bengaluru (India), Series A
Online marketplace for connecting shippers and transport service providers
$25.9M
56/100
3rd
Logo for Celcius
Celcius
2020, Navi Mumbai (India), Series B
Network facilitating refrigerated transportation and storage for perishable cargo goods
$38.3M
55/100
4th
Logo for Raaho
Raaho
2015, Gurugram (India), Seed
Operator of a digital network connecting shippers, truckers, and drivers
$7.52M
51/100
5th
Logo for Trunkpool
Trunkpool
2015, Gurugram (India), Unfunded
Online marketplace platform for freight hauling
-
-
51/100
6th
Logo for Trans India
Trans India
2015, Hyderabad (India), Acquired
Online marketplace that connects truck owners with load owners
-
50/100
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 Glasswing
Glasswing
2017, Delhi (India), Seed
Online marketplace for on-demand trucking services
$2.35M
49/100
9th
Logo for Trux
Trux
2015, Delhi (India), Deadpooled
Mobile app connecting shippers to logistics service providers
$6M
44/100
10th
Logo for Citrus Freight
Citrus Freight
2016, Bengaluru (India), Seed
Provider of mobile application for booking refrigerated containers for cargo
$300K
44/100
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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. The cap table displayed below is for CELCIUS LOGISTICS SOLUTIONS PRIVATE LIMITED which is the legal entity associated with Celcius.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
31.53%
173Cr
1135537
5212918
7817141
9240869
8433231
8289627
4883310
3113776
7090273
1834183
5871744
3143866
5732098
3217071
4590586
9453675
209
518
275
655
856
365
Fund
53.66%
295Cr
9381497
8926209
3606534
1026551
3396028
9074906
2557675
1026206
5923039
3604882
5242214
1792176
7110070
7464662
8646857
1067787
9008540
2372967
4318281
1794216
9024396
9611501
0
0
0
0
0
0
0
0
0
0
0
0
Enterprise
1.76%
9.69Cr
7
4
6
4
Angel
1.33%
7.33Cr
7
3
1
1
ESOP Pool
5.51%
30.3Cr
79035
60981
89077
62965
Other Investors
6.20%
34.1Cr
568491
880856
788968
324950
Total
100.00%
550Cr
8665737
6376549
5185351
8256723
Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
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shareholding pattern of this entity
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What documents will you get?
  • Latest Shareholding Summary - Ownership breakdown across founders, investors, and other stakeholders
  • Round-by-Round Cap Tables - Evolution of shareholding across funding rounds
  • Year-on-Year Cap Tables - Dilution trends over time

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
•
Celcius Logistics Raises Rs 250 Crore to Expand Cold Chain NetworkIndia Seatrade News•May 07, 2025•Celcius
•
Celcius Logistics Names Ganesh Satam as Chief Business OfficerAPAC News Network•Aug 06, 2024•Celcius, DHL
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