Celcius Logistics, a domestic aggregator providing end-to-end cold-chain solutions, has secured INR 400 million in a pre-series B funding round, led by existing investor IvyCap Ventures, along with participation from other investors such as ⁠Mumbai Angels and Caret Capital. 

The platform connects shippers and transporters and is a one-stop solution for all cold chain requirements, ensuring last-mile and hyperlocal delivery for all stakeholders. This follows the Series A funding round of INR 1 billion in April 2023 led by IvyCap Ventures.

The company aims to deploy the fresh capital to expand its footprint across its Transportation Management System (TMS) and Warehouse Management System (WMS), further strengthening its cold storage solution. Through this, it aims to expand its reach in over 500 cities in the next one year and help manufacturers sell their perishable products.

At present, the platform has 4,000 vehicles; 107 cold storage facilities; 27 distribution centres; and 200 hyperlocal riders across the country.

Swarup Bose, Founder & CEO, Celcius Logistics said, “Our technology-driven platform addresses the current challenges including operational inefficiencies faced by the Indian cold-chain ecosystem. We enable manufacturers and transport companies particularly in the food and pharma industries to ensure seamless delivery of perishable items. The real-time monitoring updates and analytics also help in reducing wastage of such goods. Through the fresh funding, we aim to further penetrate our presence and bridge the demand-supply gap in the cold supply chain. Our transportation and warehousing systems bring in transparency and operational efficiency, ensuring quality compliance in the cold chain logistics industry.”

Vikram Gupta, Founder and Managing Partner, IvyCap Ventures said, “We are proud to continue our support for Celcius Logistics and see them build an unbroken and robust cold supply chain. The passion and commitment of the team to digitise the cold chain industry is commendable and we believe that the fresh investment will further accelerate their growth journey and benefit stakeholders nationwide.”

The platform has already transported over 4-lakh tonnes of perishable cargo for dairy, pharma, fruits, seafood as well as fresh agricultural produce. Its counts the likes of Zomato, Spicejet, Reliance Pharma, Maersk, Prabhat Dairy, Baskin Robbins, Vadilal, Domino’s, Keventers, and Godrej Agrovet among others as its clients.

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Propel Industries Private Limited showcased a large portfolio of construction equipment at Excon 2025 that included four new electric tipper models. The company aso unveiled an all-new connectivity platform and a comprehensive after-sales uptime solution. 
The four new electric tippers include the 90CED (claimed to be India's first ultra-fast charging 90 tonne electric dumper with ADAS Level 1 safety), 70CED (claimed to be India's first 8x4 mining e-tipper with 25 cu m rock body), 560HEV-X (claimed to be Indias first 8x4 construction tipper with 25 cu m box body), 470MEV Gen-2 (caimed to be India's first 6x4 tipper with 20 cu m rock body) in particular. 
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"The announcements reinforce Propels commitment to innovation, high-productivity for customers, zero-emission, and future-ready heavy-duty mobility. Since start of EV truck sale in 2023, the brand has expanded its presence across coal, overburden, limestone, iron-ore, stone quarry, marble & granites, and solid waste management segments. Propel trucks have cumulatively covered over 5 lakh operating hours and the first set of 8 trucks have clocked 12,500 hours in 2 years, which is equivalent to 20 hrs per day. This proves the reliability and uptime of the propel electric trucks," said Siddarth Kirtane, President – EV Sales, Marketing and Service, Propel Industries. 

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JCB India launched its largest ever excavator at 52 tonness in India. It did so at the Excon 2025 exhibition in Bengaluru. The excavator, showcased along with over 10 new products, will cater to domestic as well as export markets.  Of the over 10 machines the company showed at the show, there included backhoe loaders with enhanced features in line with the customer-first strategy. JCB India is giving much attention to lower cost of ownership, higher fuel efficiency, improved machine uptime, enhanced safety and ergonomics while designing its new equipment.    With sustainability the factor, the company showcased the hydrogen engine powered backhoe loader that it unveiled in 2023. It announced the expansion of its hydrogen powered construction equipment portfolio at Excon 2025 with a hydrogen-powered genset.  "Excon is a forum that brings together customers, policymakers, contractors, financiers, suppliers, and technology leaders, creating an ecosystem for strategic collaboration and long-term business growth. JCB exports to more than 135 countries from India and this year we also have customers from South Asia, Africa Region and South-East Asia visiting us. Excon allows us to understand evolving market needs and demonstrate how our latest solutions align with both global and India’s infrastructure demands," said Deepak Shetty, CEO and MD, JCB India. 

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JK Tyre & Industries Ltd launched four new Off-the-Road (OTR) tyres at Excon 2025 in Bengluru. Unveiled by Dr R Mukhopadhyay, Director (R&D), JK Tyre, the four new OTR tyres further expand the company's portfolio in construction and mining equipment. 
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“India is witnessing a transformative phase in infrastructure development, and JK Tyre remains committed to support this journey. With the launch of our new OTR range at EXCON, we are strengthening our support for equipment that powers critical infrastructure, enabling greater productivity, durability and operational safety across the country’s construction, mining and industrial projects," averred Srinivasu Allaphan, Director-Sales & Marketing, JK Tyre & Industries. 

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Mahindra’s Construction Equipment business (MCE) launched the Compax mini compactor at EXcon 2025 in Bengluru. The mini compactor, aimed at the road construction industry, packs cutting edge techbology to deliver best-in-cass fuel efficiency and reliability. It is built robust and furthers the standards in the category to ensure better returns to the operators. 

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