Celcius Logistics Solutions

High-Level Overview

Celcius Logistics Solutions is India's first asset-light cold chain marketplace, operating a web and app-based SaaS platform that connects the entire cold chain network online, including matching consignors with transporters, optimizing reefer trucking, and allocating cold storage resources.[1][4] The company provides technology-driven end-to-end refrigerated transportation and warehousing for temperature-sensitive goods in industries like food, pharmaceuticals, and agriculture, using advanced monitoring, real-time tracking, and sustainability-focused solutions to reduce spoilage and boost efficiency.[2][3]

Founded in 2020 and headquartered in Navi Mumbai, Maharashtra, Celcius serves manufacturers of perishable products and transporters, solving fragmentation in cold chain logistics through hyperlocal delivery and nationwide scalability; it achieved revenue generation from month one, registered over 2,000 reefer vehicles by 2021, and secured Series B funding in May 2025 from investors like DCG Tech and Xindus, signaling strong growth momentum.[2][3][5]

Origin Story

Celcius Logistics Solutions Pvt Ltd was founded in 2020 in Maharashtra, India, as an online marketplace for cold chain solutions, co-founded by a team that conceptualized the platform during the COVID-19 lockdown when software development finalized but company registration waited until restrictions lifted in August 2020.[4][5] The idea emerged to address inefficiencies in India's fragmented cold chain, particularly for perishable goods, by creating an asset-light aggregator for reefer logistics and cold storage warehousing.[1][5]

Early traction was rapid: revenue-generating from month one post-incorporation, it raised seed funding in March 2021 to expand team and geography, hit a milestone with over 2,000 reefer vehicles registered and INR 3.5 Cr monthly enquiries by mid-2021, and joined the LUMIS Partners Cohort 2021 accelerator for supply chain mentorship.[5] This bootstrapped-to-funded path highlights resilient execution amid pandemic challenges, evolving from a lockdown idea to a growth-stage logistics player.[3][5]

Core Differentiators

• Asset-Light Marketplace Model: First and only in India to digitize the full cold chain via SaaS—connecting shippers, transporters, reefer trucks, and cold storage without owning assets, enabling seamless resource optimization nationwide.[1][4]
• Advanced Tech Stack: Real-time tracking, temperature monitoring, and end-to-end solutions for hyperlocal/last-mile delivery, reducing spoilage while ensuring compliance for food, pharma, and agriculture sectors.[2][3][6]
• Rapid Scalability and Traction: Revenue from day one, 2,000+ vehicles registered early, INR 3.5 Cr monthly enquiries by 2021, and Series B in 2025, proving market fit in a high-fragmentation space.[2][5]
• Sustainability and Efficiency Focus: Combines innovation with operational excellence to cut waste, improve quality standards, and build trust, differentiating from traditional heavy-asset cold chain providers.[2]

Role in the Broader Tech Landscape

Celcius rides the cold chain digitization trend in India's booming perishable goods market, fueled by rising e-grocery, pharma exports, and agriculture demand amid post-pandemic supply chain disruptions.[1][2] Timing aligns with government pushes for agri-logistics infrastructure and SME globalization, where fragmented trucking (90%+ unorganized) meets tech enablement via SaaS platforms.[5]

Market forces like urbanization, 10-15% annual food/pharma logistics growth, and sustainability mandates favor Celcius, as real-time tech tackles 20-30% spoilage rates in traditional chains.[2][3] It influences the ecosystem by onboarding thousands of vehicles, enabling nationwide efficiency for underserved SMEs, and attracting VC interest (e.g., Series B 2025), accelerating India's $200B+ logistics sector toward organized, tech-led models.[2][5]

Quick Take & Future Outlook

Celcius is poised for hypergrowth, leveraging Series B capital to expand beyond reefer trucking into AI-optimized warehousing and cross-border cold chains, potentially capturing 5-10% of India's underserved market.[2][5] Trends like EV reefers, blockchain traceability, and export booms (e.g., via partners like Xindus) will shape its path, amplifying impact in a sector ripe for consolidation.[2]

Its influence may evolve from niche aggregator to full-stack platform, powering ecosystem players and setting digitization benchmarks—echoing how it turned a lockdown idea into India's cold chain pioneer.[1][5]