Celcius raises $4.5 Mn in Series A round led by Mumbai Angels

Celcius, a cold chain marketplace, has raised a bridge round of $4.5 million from Mumbai Angels. Other investors included Supply Chain Labs, Endurance Capital, VCats, Keiretsu Forum, Huddle and EVAN. This is a part of the bigger Series A funding round of $10 million in progress. Celcius said it would use the capital to build its tech, sales and operations teams while expanding to over 500 cities this year, and to create development programs to assist transporters across the country. Continue reading Celcius raises $4.5 Mn in Series A round led by Mumbai Angels at Entrackr.

Celcius raises $4.5 Mn in Series A round led by Mumbai Angels

Celcius raises $4.5 Mn in Series A round led by Mumbai Angels

Celcius, a cold chain marketplace, has raised a bridge round of $4.5 million from Mumbai Angels. Other investors included Supply Chain Labs, Endurance Capital, VCats, Keiretsu Forum, Huddle and EVAN.

This is a part of the bigger Series A funding round of $10 million in progress.

Celcius said it would use the capital to build its tech, sales and operations teams while expanding to over 500 cities this year, and to create development programs to assist transporters across the country.

Continue reading Celcius raises $4.5 Mn in Series A round led by Mumbai Angels at Entrackr.