The funds will enhance its transportation management system (TMS) and warehouse management system (WMS), supporting its cold storage capabilities. Celcius currently operates 4,000 vehicles, 107 cold storage facilities, 27 distribution centres, and 200 hyperlocal riders. It plans to launch a new business vertical in 17 cities next month, aiming to expand to 500 cities by next year. Founded in 2020, Celcius has transported over 125,000 tons of perishable goods across more than 350 cities in India and has ventured into cross-border trade.