Reefer container shipping platform Citrus Freight raises bridge round

Here’s the summarized information about Citrus Freight:

Startup Information

• Startup Name: Citrus Freight
• Founders: Biplob Barik, Ricky Goyal
• Founded: 2016
• Industry: Perishable logistics

Funding Details

• Total Funding Raised: Rs 5.25 crore
• Recent Fundraise: Rs 2.5 crore (bridge funding)
• Funding Series: Bridge funding round
• Date of Fundraise: Not specified in the text

Investors

• Major Investors:
  • Caret Capital
  • Indigram Labs Foundation
  • Other unnamed investors

Focus Areas

• Logistics for: Perishable goods (fruits, vegetables, meat, marine products, flowers)
• Services Offered: Container booking, customs clearance, surface transport, temperature monitoring, predictive analytics

Goals

• Revenue Target (next 12-24 months): Rs 45 crore
• Containers to Move: 1,500 containers

Competitors

• Wiz
• Cogoport
• Intercont

Feel free to ask if you need more details on any specific aspect!

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2025-05-12 08:49:36