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NEWS & ARTICLE

How ColdEx Logistics is climbing up the food chain

Date: 17 Mar 2015 posted in forbesindia.com

ColdEX Voted 2014 Best Cold Chain Logistics Service Provider in India by Frost & Sullivan

Date: 19 Jun 2014 posted in Frost & Sullivan MUMBAI, India

ColdEX wins No.1 Cold Chain Company Award at CII-Scale Award……..

Date: 9-15 Jun 2013 posted in All India Weekly Edition

Mr. Gaurav Jain - Coldex, nominated for Forbes(India) Leadership Awards - 2012 - Outstanding Startup

Date: 31 August 2013 posted in Forbes India Website

For establishing one of the largest cold-chain logistics companies in India out of a tier II town: Gwalior. Very understated, he has built a reliable network across 55 cities in India.

ColdEX has been conferred with prestigious "BEST SUPPLIER AWARD" in Logistics Category

Date: 4th of April,2012. posted in YUM Supplier Conference held in Pune

The Ice Candy Man and How He Built Coldex

Date: 17th, Feb, 2012. posted in Forbes India

India equity partners invests $10 mn in Swastik

Date: Dec 23, 2010. posted in VCCircle

Swastik Roadlines Pvt Ltd, Gwalior based food cargo supply chain service provider, has raised USD 10 mn from India Equity Partners by diluting a significant minority stake. This is the first round of institutional investment in the company, while subsequent rounds of funding are being planned.

Swastik operates under the brand name 'Coldex' with a fungible fleet that is expected to cross 500 vehicles shortly. It offers pan-India solutions in both long haul (primary) movement of temperature sensitive cargo as well as intra-city secondary distribution in over 55 cities. It also offers surface transportation for specialised dry cargo. Gaurav Jain, Managing Director, Swastik Roadlines Pvt Ltd, said: "We will use the capital to strengthen our cold chain capabilities and to develop best-in-class systems that will help in maintaining the company's growth trajectory."

KK Iyer, Managing Director, India Equity Partners, said they backed Swastik because of its "unique positioning underpinned by the strong Indian consumer growth story". He added that the cheap replica watches fund will work with the company both at an operating and board level to help them build as a market leader for cold chain services in India. "We will bring our considerable operational experience in facilitating the implementation of management systems and human resource planning as a backbone to Swastik's exciting growth plans," he said.