Celcius Logistics Bags INR 250 Cr To Expand Footprint

The equity round, which was a mix of primary and secondary transactions, was co-led by Eurazeo and Omnivore, with participation from IvyCap Ventures

Celcius also plans to use the debt to meet its working capital needs for the existing business, while the equity funding will be used to expand its presence in non-metro cities

Founded in 2020, Celcius offers a digital platform that connects shippers and transporters and offers solutions for temperature-controlled transportation and storage

Cold-chain logistics provider