When was COLDMAN founded?

COLDMAN was founded in 2016 and raised its 1st funding round 1 year after it was founded.

Where is COLDMAN located?

COLDMAN is headquartered in Mumbai, India. It is registered at 1st floor, Dubash House, 15, J.N Heredia Marg, Ballard Estate, Mumbai City, Mumbai, Maharashtra, India, 400001.

Which legal entities is COLDMAN associated with?

COLDMAN is associated with COLDMAN LOGISTICS PRIVATE LIMITED.

How many employees does COLDMAN have?

As of Aug 31, 2025, the latest employee count at COLDMAN is 139.

Is COLDMAN a funded company?

COLDMAN is a funded company, having raised a total of $29M across 4 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Feb 23, 2017.

How much is COLDMAN worth?

The latest valuation of COLDMAN is ₹***** as of May 02, 2022. This marks a decline of 27% from its peak valuation of ₹330Cr in Feb, 2017. This marks a decline of 27% from its peak valuation of ₹330Cr in Feb, 2017.

When was the latest funding round of COLDMAN?

COLDMAN's latest funding was a $***** Series B round on Mar 21, 2022, with participation from 2 investors.

What is the annual revenue of COLDMAN?

Annual revenue of COLDMAN is between ₹100 Cr and ₹500 Cr as on Mar 31, 2025

Where does COLDMAN rank among its competitors?

COLDMAN ranks 30th amongst 370 active competitors, of which 14 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was COLDMAN, which secured $5.2M in Mar, 2022.

COLDMAN - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Provider of temperature-controlled warehousing and cold chain logistics services. The company offering end-to-end refrigerated warehousing, transportation, port-centric logistics, and supply chain consultancy services. It also specializes in handling perishable food products, pharmaceuticals, nutraceuticals, and other temperature-sensitive goods.

Website: coldman.in
Social
Email ID: *****@coldman.in
Phone Number: +91 **********
Registered Address: 1st floor, Dubash House, 15, J.N Heredia Marg, Ballard Estate, Mumbai City, Mumbai, Maharashtra, India, 400001

Key Metrics

Founded Year

2016

Location

Mumbai, India

Stage

Series B

Total Funding

$29M in 4 rounds

Latest Funding Round

Series B, Mar 21, 2022, $*****

Post Money Valuation

₹***** as on May 02, 2022

Investors

Dhopl & 10 more

Ranked

30^th among 370 active competitors

Annual Revenue

₹100 - ₹500 Cr as on Mar 31, 2025

Employee Count

139 as on Aug 31, 2025

Similar Companies

Hellmann Worldwide Logistics & 736 more

View COLDMAN's full profile

COLDMAN is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
COLDMAN LOGISTICS PRIVATE LIMITED CIN: U63030MH2012PTC235832 , India, Active	Sep 17, 2012	₹100 - ₹500 Cr (As on Mar 31, 2025)	145 (As on Mar 01, 2026)

COLDMAN has raised a total funding of $29M over 4 rounds. Its first funding round was on Feb 23, 2017. Its latest funding round was a Series B round on Mar 21, 2022 for $*****. 2 investors participated in its latest round. COLDMAN has 10 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of COLDMAN:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 21, 2022	2627156	Series B	2476096	7765954	7739507	8292856
Aug 27, 2019	7706643	Series B	1867806	5798445	7162393	harrowinvestmentholding & 2 more
Mar 28, 2018	2026360	Series B	2184426	6234061	harrowinvestmentholding	Sanjay Sharma

Access funding benchmarks and valuations. Sign up today!

View details of COLDMAN's funding rounds and investors

COLDMAN's Board of Directors

COLDMAN's board has 2 active members. Sadanand Bhalchandra Sule and Dev Anand Veerabhadra are independent board members.

Here is the list of COLDMAN's board of directors:

Name	Type	Representing	Status	Duration
Sadanand Bhalchandra Sule	Independent board member	-	Current	14y 0m
ubszg{o	Independent board member	-	Current	3y 3m

COLDMAN's employee count trend

COLDMAN has 139 employees as of Aug 25. Here is COLDMAN's employee count trend over the years:

Uncover COLDMAN's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of COLDMAN include TVS Supply Chain Solutions, Mahindra Logistics and National Bulk Handling Corporation. Here is the list of Top 10 competitors of COLDMAN, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	TVS Supply Chain Solutions 2004, Chennai (India), Public	Provider of end-to-end supply chain services	$577M	Tata Capital, Dinram Logistics & 38 others	67/100
2nd	Mahindra Logistics 2009, Mumbai (India), Public	Provider of integrated supply chain and mobility solutions	$33.1M	Kedaara	65/100
3rd	National Bulk Handling Corporation 2003, Mumbai (India), Acquired	Complete Solutions in Commodity Management	$23.7M	SBI, JYOTI Foundation & 8 others	59/100
4th	Accuracy Shipping 2000, Anjar (India), Public	Logistics service provider	-	-	55/100
5th	Snowman Logistics 1993, Delhi (India), Public	Provider of integrated temperature-controlled logistics services	$10.4M	Faering Capital, Norwest & 3 others	54/100
6th	CWCNSL 2006, Mumbai (India), Acquired	Logistics services and supply chain management	$116M	Warburg Pincus, The Abraaj Group & 4 others	53/100
7th	Jet Freight 1986, Mumbai (India), Public	Provider of multi modal freight forwarding and logistics services	-	-	52/100
8th	Horizon Industrial Parks 2009, Mumbai (India), Public	Developer of industrial and warehousing parks	-	-	51/100
9th	Flomic Group 1988, Mumbai (India), Public	Provider of multi-modal freight forwarding services	-	-	49/100
10th	ColdStar Logistics 2011, Mumbai (India), Funding Raised	Provider of temperature-controlled logistics, warehousing, and supply chain management services	-	Tuscan Ventures	49/100
30th	COLDMAN 2016, Mumbai (India), Series B	Provider of temperature-controlled warehousing and cold chain logistics services	$29M	Siporex India, Indialandinfrastructuredevelopment ... & 9 others	41/100

Get insights and benchmarks for competitors of 2M+ companies! Sign up today!

Looking for more details on COLDMAN's competitors? Click here to see the top ones

Founders own 0.11%, Enterprises (largest shareholder) own 72.46% and Other Investors own 27.41%. The net worth of COLDMAN's founders is INR 27.2L as of May 02, 2022.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	0.11%	27.2L	0	0	0	0
Sanjay Sharma	0	0	0	0	0	0
Enterprise	72.46%	176Cr	3470487	8709880	1958953	4173918
Other Investors	27.41%	66.7Cr	2336274	8807212	7153830	9782445
Total	99.98%	243Cr	8678144	6023961	1265136	9284268