Funding

Cold chain aggregator Celcius Logistics raises Rs 250 crore in equity, debt

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Celcius Logistics, an aggregator of cold chains in India, has raised Rs 250 crore in a funding round co-led by global investment firm Eurazeo and impact venture capital firm Omnivore.The round, which comprised a mix of equity and debt, also saw participation from existing investor IvyCap Ventures and debt partners including Trifecta Capital, Lighthouse Canton, BlackSoil, UCIC and GetVantage.

The company plans to use the proceeds to expand its network to more than 1,000 cities in India from the current 600 by the end of this financial year and enhance…

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