Private Equity

VC Fund Investments

Cold chain marketplace Celsius raises funding from Lumis Partners, Mumbai Angels, Huddle, others

Mumbai Angels Network  

Mumbai Angels Network (MAN) along with Huddle, Lumis Partners, and other investors from Nigeria, Malaysia, and the US, has invested USD 500,000 in Mumbai-based Celcius, a cold chain marketplace startup, as a part of its seed round of funding. The startup will use the freshly infused capital to increase its reach across different cities as well as remote areas in the country. It will expand its team and set up headquarters in other cities to provide better localized cold chain solutions.