Cold-chain logistics startup JustDeliveries has secured Rs 5.5 crore in a fresh funding round led by VC Grid and NABVentures, with additional backing from LetsVenture, Anay Ventures, and FAAD Network, among others.
The company plans to channel the new funds into strengthening its tech infrastructure and expanding its footprint to three new cities—Lucknow and Chennai already in the pipeline. JustDeliveries currently operates in Bangalore, Delhi, Hyderabad, Mumbai, and Pune.
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This investment brings the startup’s total funding to around USD 2 million (approximately Rs 15.9 crore). The upcoming expansion will take its presence to eight major Indian cities, keeping pace with growing client demands for nationwide distribution.
Founder Mansi Mahansaria believes that transforming the food and beverage supply chain goes far beyond trucks and warehouses. “What’s really needed is a smarter, tech-first approach to logistics—one that adapts to clients’ evolving needs while staying lean and dependable,” she said.
She added that this capital infusion will help the company sharpen its technology, move toward profitability, and launch in new markets by FY26.
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India’s logistics sector, worth nearly USD 200 billion, is still largely fragmented, with 90% of the industry functioning in unorganised silos, according to the company. As the cold-chain segment grows rapidly—driven by increased demand for fresh food and healthcare supplies—JustDeliveries is positioning itself as a scalable, tech-driven solution to one of the country’s biggest logistical pain points.
