ColdEX Logistics - About the company
ColdEX Logistics is an acquired company based in Sonipat (India), founded in 2005 by Gaurav Jain. It operates as a Provider of temperature-controlled logistics, distribution, supply chain management, and trucking services. ColdEX Logistics has raised $22M in funding from investors like Duane Park, Sabre Partners and Duane Park, with last known valuation of ₹*****. The company has 91 active competitors, including 8 funded and 9 that have exited. Its top competitors include companies like Snowman Logistics, CONCOR and ColdStar Logistics.
Company Details
Provider of temperature-controlled logistics, distribution, supply chain management, and trucking services. Its offerings include cold chain transportation, secondary & tertiary distribution, freight management, and storage services. It supported by surface logistics, warehousing infrastructure, and modern technology systems.
- Website
- coldex.in
- Social
- Registered Address
- 404, 4th Floor, Vishal Tower, District Centre, Janakpuri, West Delhi, NEW DELHI, Delhi, India, 110058
Key Metrics
Founded Year
2005
Location
Sonipat, India
Stage
Acquired
Total Funding
$22M in 6 rounds
Latest Funding Round
Last Known Valuation
₹***** as on Sep 19, 2024
Investors
Ranked
4th among 91 active competitors
Annual Revenue
₹1,000+ Cr as on Mar 31, 2025
Employee Count
129 as on Jun 30, 2025
Exit Details
Acquired by Asia Climate Partners (Feb 23, 2016)
Legal entities associated with ColdEX Logistics
ColdEX Logistics is associated with 4 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
COLDEX FOUNDATION CIN: U80903HR2013NPL049111 , India, Active | May 09, 2013 | 0 - ₹10 Cr (As on Mar 31, 2025) | 1 (As on Nov 30, 2021) | |
COLDEX LIMITED CIN: U63090DL1999PLC271369 , India, Active | Mar 30, 1999 | ₹1,000+ Cr (As on Mar 31, 2025) | - | |
FOOD SERVICE NETWORK PRIVATE LIMITED CIN: U60200DL2011PTC214492 , India, Active | Feb 21, 2011 | ₹1,000+ Cr (As on Mar 31, 2025) | 133 (As on Mar 01, 2026) | |
CITYEX LOGITECH PRIVATE LIMITED CIN: U63030DL2017PTC316081 , India, Active | Apr 13, 2017 | 0 - ₹10 Cr (As on Mar 31, 2025) | 1 (As on Nov 30, 2021) |
ColdEX Logistics's acquisition details
ColdEX Logistics got acquired by Asia Climate Partners on Feb 23, 2016.
Click here to take a look at ColdEX Logistics's acquisition in detail
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ColdEX Logistics's funding and investors
ColdEX Logistics has raised a total funding of $22M over 6 rounds. Its first funding round was on Nov 29, 2010. Its latest funding round was a Unattributed round on Jun 15, 2024 for $*****. 1 investor participated in its latest round. ColdEX Logistics has 12 institutional investors and 11 angel investors.
Here is the list of recent funding rounds of ColdEX Logistics:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 15, 2024 | 7015655 | Unattributed | 4480715 | 3623020 | 6677169 | 3143990 |
Jan 08, 2022 | 3303652 | Unattributed | 8660522 | 9839921 | 6781724 | 2570937 |
Oct 29, 2021 | 9291342 | Unattributed | 5758927 | 4239105 | 8850679 |
Access funding benchmarks and valuations. Sign up today!View details of ColdEX Logistics's funding rounds and investors
ColdEX Logistics' founders and board of directors
Founder? Claim ProfileThe founders of ColdEX Logistics is Gaurav Jain.
Here are the details of ColdEX Logistics' key team members:
- Gaurav Jain: Founder & Managing Director of ColdEX Logistics. They are also an angel investor in 6 startups and serve on the boards of 2 companies.Contact Info: 1 email address and 1 phone number
ColdEX Logistics' Board of Directors
ColdEX Logistics's board has 5 active members. Tanu Jain and Salil Ajay Bhargava are part of team and Abhishek Sharman, Vinod Sawhny and Davesh Manocha are independent board members.Here is the list of ColdEX Logistics' board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
kivgqfk | Team | - | Past | 6y 9m |
gapwnwp | Team | - | Past | 2y 4m |
hvtsqfk | Team | - | Past | 5y 6m |
lnpohfz | Team | - | Current | 4y 6m |
yzmqmyc | Investor | - | Past | 9y 1m |
Independent board member | - | Current | 4y 4m | |
xhamasz | Independent board member | - | Current | 4y 8m |
tkglikq | Independent board member | - | Past | 5y 5m |
gottrth | Independent board member | - | Past | 4y 4m |
jfxmwju | Independent board member | - | Past | 2y 7m |
View details of ColdEX Logistics's Founder profiles and Board Members
ColdEX Logistics' employee count trend
ColdEX Logistics has 129 employees as of Jun 25. The total employee count is 10.0% lower than what it was in Jun 24. Here is ColdEX Logistics's employee count trend over the years:
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ColdEX Logistics's Competitors and alternates
Top competitors of ColdEX Logistics include Snowman Logistics, CONCOR and ColdStar Logistics. Here is the list of Top 10 competitors of ColdEX Logistics, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Snowman Logistics 1993, Delhi (India), Public | Provider of integrated temperature-controlled logistics services | $10.4M | 62/100 | |
2nd | Provider of container transport and logistics services, specializing in inland transport by rail and management of ports and air cargo complexes. | - | - | 54/100 | |
3rd | ColdStar Logistics 2011, Mumbai (India), Funding Raised | Provider of temperature-controlled logistics, warehousing, and supply chain management services | - | 52/100 | |
4th | ColdEX Logistics 2005, Sonipat (India), Acquired | Provider of temperature-controlled logistics, distribution, supply chain management, and trucking services | $22M | 49/100 | |
5th |  Stellar Value Chain 2016, Mumbai (India), Acquired | Provider of warehousing, cold & supply chain management, and LTL transportation services | $125M | 48/100 | |
6th | Provider of temperature-controlled warehousing and logistics for food, pharma, chemicals | $1.84M | 47/100 | ||
7th | Retailer and distributor of food | $15.3M | 47/100 | ||
8th |  Radhakrishna Foodland 1987, Thane (India), Late Stage | Tech-enabled cold supply chain solutions and logistics service provider | $59.7M | 46/100 | |
9th | M.J Logistic Services 2001, Delhi (India), Acquired | 3PL Logistics and cold chain solutions | - | - | 46/100 |
10th | Provider of sustainable cold chain solutions for various industries | $239K | 43/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on ColdEX Logistics's competitors? Click here to see the top ones
ColdEX Logistics's Latest cap tables and shareholding
Founders (largest shareholder) own 34.96%, Funds own 14.53%, Enterprises own 27.73% and Angels own 1.14%. The net worth of ColdEX Logistics's founders is INR 188Cr as of Sep 19, 2024.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 34.96% | 188Cr | 8237150 | 8707187 | 2626290 | 4270985 |
4867650 | 6868120 | 9428567 | 2182741 | 2943083 | 8017766 | |
Fund | 14.53% | 78.2Cr | 6383370 | 8663843 | 5050933 | 2371045 |
1033995 | 4700674 | 9195192 | 6668454 | 1343784 | 9949584 | |
98 | 36 | 16 | 38 | 47 | 69 | |
Enterprise | 27.73% | 149Cr | 1628884 | 2221694 | 3646680 | 1674710 |
Angel | 1.14% | 6.15Cr | 5 | 3 | 3 | 5 |
Other People | 18.69% | 101Cr | 6772541 | 8628470 | 9820399 | 1433110 |
ESOP Pool | 2.95% | 15.9Cr | 50 | 48 | 88 | 29 |
Total | 100.00% | 538Cr | 5526540 | 2313818 | 3072217 | 8677000 |
To unlock detailed Cap Table of ColdEX Logistics Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of ColdEX Logistics's Shareholding
ColdEX Logistics's Investments and acquisitions
ColdEX Logistics has made no investments or acquisitions yet.
Reports related to ColdEX Logistics
Here is the latest report on ColdEX Logistics's sector:
News related to ColdEX Logistics
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Vikram Bakshi's CPRL re-opens 16 more outlets in Delhi-NCRIndiatimes•Dec 31, 2017•ColdEX Logistics, McDonald's
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Indian Cold Chain Industry Outlook 2022PR Newswire•Jan 05, 2017•ColdEX Logistics, Dev Bhumi Cold Chain, Gati Kausar
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Unorganised meat industry in India: A boon for the online meat selling startups to thriveYourStory•Jun 24, 2016•Licious, McDonald's India, MeatRoot, ColdEX Logistics and 1 other
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Asia Climate Partners to pick stake in ColdEXIndiatimes•Feb 23, 2016•ColdEX Logistics, Asia Climate Partners
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