JustDeliveries raises Rs 5.5 crore to expand intracity cold chain network

12 May 2025 CW Team

JustDeliveries, a cold chain logistics startup focused on mid-mile solutions for India’s food and beverage sector, has raised Rs 5.5 crore in a funding round co-led by VC Grid and NABVentures. Other participants included LetsVenture, Anay Ventures, and FAAD Network.

This fresh round brings the total capital raised by the startup to US$ 2 million (approximately Rs 15.9 crore). The funds will be used to strengthen its technology platform and expand operations to three more cities, including Lucknow and Chennai. JustDeliveries currently operates in Bangalore, Delhi, Hyderabad, Mumbai, and Pune.

Founded to address the challenges in India’s largely unorganised Rs 16.6 lakh crore logistics sector, JustDeliveries has built an asset-light third-party logistics (3PL) model aimed at efficiently transporting perishable goods. The company services over 100 F&B brands such as ITC, Swiggy, Blue Tokai, Biggies Burger, and Naturals Ice Cream.

The company achieved 2.4x year-on-year revenue growth in FY25, with an average monthly growth rate of 10.6%. In December 2024, it achieved city-level profitability across all five operational hubs while maintaining minimal bad debts and fast receivables turnaround times. Leadership was recently strengthened with the elevation of Pradeep Murugesan as COO and co-founder.

With India’s cold chain logistics market projected to grow at 23.5 per cent CAGR through 2030, JustDeliveries aims to play a pivotal role in bridging infrastructure gaps and enabling reliable nationwide distribution.

Infrastructure Urban

11 May 2026

Waterproofing Blueprint

Waterproofing buildings used to be an annual pre-monsoon affair but the evolution of real-estate development has changed that approach. In new developments, developers are weaving waterproofing solutions into both the design and construction phases, an approach that Nikhil Madan, Managing Director, Mahima Group, says, “is all about ensuring lasting durability [of the building] and keeping lifecycle risks including water seepage and extensive maintenance to a minimum.”Watertight by designAluminium formwork systems aren’t commonly thought of as a waterproofing tool but at the Mahima Group,..

Danube Launches Greenz Villa Community in Dubai

Danube Properties has launched Greenz by Danube, a fully furnished master villa community in Dubai, unveiled by H.E. Sheikh Nahyan bin Mubarak Al Nahyan, UAE Minister of Tolerance and Coexistence, at an event attended by over 7,000 investors and business leaders.Located near Dubai International Academic City and Dubai Silicon Oasis, the development marks Danube’s first large-scale integrated villa community and is positioned within one of Dubai’s emerging residential corridors.The project will comprise three and four-bedroom townhouses along with five-bedroom semi-detached and twin villas...

ABB Launches IE6 Motor for Hazardous Industrial Areas

ABB has introduced what it claims is the world’s first IE6 Hyper-Efficiency motor certified for hazardous industrial environments under ATEX and IECEx standards.The new Increased Safety motor is based on ABB’s synchronous reluctance (SynRM) technology and is designed without magnets or rare earth materials. According to the company, the motor reduces energy losses by up to 60 per cent compared to standard IE3 induction motors commonly used in hazardous areas.The motor is intended for use in industries such as chemicals, marine, oil and gas, pharmaceuticals and food and beverage, where expl..