JustDeliveries Secures Rs. 5.5 Crore Funding to Expand Intra-City Cold Chain Logistics

In a decisive move to strengthen its presence in India’s evolving cold chain logistics sector, JustDeliveries recently secured Rs. 5.5 crore in funding. The investment round was co-led by VC Grid and NABVentures, with additional participation from LetsVenture, Anay Ventures, and FAAD Network. The funding will support the startup’s plan to expand into three new cities, including Chennai and Lucknow, while enhancing its tech backbone to meet rising demand. With this, JustDeliveries’ total funding now stands at $2 million, signaling continued investor confidence in its asset-light logistics model.

JustDeliveries has been steadily building a reputation as a dependable logistics partner for over 100 food and beverage brands. The company’s plug-and-play third-party logistics (3PL) framework has tackled inefficiencies in a segment where nearly 90% of operations remain unorganized. Its services currently cover Bangalore, Delhi, Mumbai, Hyderabad, and Pune. Notably, it closed December 2024 with city-level profitability across all these hubs while keeping bad debts minimal and receivables turnaround swift—an uncommon feat in this sector.

The startup has demonstrated momentum with a 2.4x year-over-year revenue growth in FY25, driven by an average monthly growth of 10.6%. Mansi Mahansaria, the founder of JustDeliveries, reflected on the journey, emphasizing the need for more than infrastructure—an adaptable and tech-integrated solution was necessary to bridge persistent gaps. With Pradeep Murugesan elevated to COO and co-founder, the leadership bench has grown stronger, primed to drive further innovation and growth.

Investor statements reflect high regard for the startup’s approach. Ashish Km Choudhury of NABVentures highlighted the company’s potential to improve food supply chain resilience. Meanwhile, Vansh Oberoi of VC Grid praised the startup’s blend of operational discipline and strategic scalability. In an industry fraught with fragmentation and capital-heavy models, JustDeliveries’ nimble approach marks a shift toward structured, tech-driven logistics—one that aligns with India's growing demand for efficient mid-mile solutions.