Page 36 - ITLN May June 2023 Magazine
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Ne
          Newsws




                                                                                  GreenLine deploys

                                                                                  LNG trucks at
                                                                                  UltraTech Cement's

                                                                                  Pune bulk terminal


                                                                                    he LNG-fueled heavy trucking
                                                                                  Tlogistics company GreenLine
                                                                                  (Green Planet Logistics) has
                                                                                  announced the deployment of its
                                                                                  LNG-powered trucks at UltraTech
                                                                                  Cement’s bulk terminal located in
         (L-R) Celcius Logistics COO Rajneesh Raman, Founder and CEO Swarup Bose,  and
         CTO Arbind Jain.                                                         Pune, Maharashtra.
                                                                                    “UltraTech is making strides in
         Celcius completes Series A with ₹100                                     its commitment to sustainability and
                                                                                  decarbonization of its operations
         cr funding led by IvyCap Ventures                                        with this second deployment of
                                                                                  GreenLine’s LNG-powered fleet of
            he cold chain marketplace startup   centers, 100+ hyperlocal riders, and   trucks, after the first deployment
         TCelcius Logistics has completed   a team of 125 dedicated employees,    at its Awarpur Cement Works near
         its Series A funding by raising the   and is operational in 350+ cities   Nagpur. The use of LNG trucks is a
         total amount of ₹100 cr, led by IvyCap   across the country. This marks   significant step towards achieving
         Ventures.                         Celcius Logistics as the first start-  the company's sustainability targets.
           As part of its Series A funding, the   up in the cold supply chain sector   This development underscores
         company earlier raised ₹35cr, from   to achieve such rapid growth and    UltraTech's commitment to scaling
         their existing investors – Mumbai   establish a niche in the cold chain   up its LNG fleet at its plants across
         Angels, Supply Chain Labs, Endurance   industry within a short period of   the country in the coming months,”
         Capital, VCats, Huddle, Eaglewings   time. The company aims to utilize the   reads the release.
         Ventures (EVAN), and others.      funds for tech innovations to solve      Tanmay Pradhan, AVP
           Being an asset-light platform,   the fragmented nature of the cold     Logistics, UltraTech Cement said,
         it boasts of a network fleet of over   supply chain and reduce the wastage   “At UltraTech, we are dedicated
         4500+ reefer vehicles, 107 cold   in perishables thereby building        to creating a sustainable future,
         storage facilities, 7 distribution   towards a sustainable future.       and we are fully committed to
                                                                                  collaborating with our partners
           Shiprocket joins hands with BillDesk                                   and stakeholders to achieve our
                                                                                  goal of a cleaner environment.”
           to power digital payments

              he e-commerce aggregator      in processing payments across all
           Tplatform Shiprocket has entered   payment methods. The partnership
           into a partnership with the digital   also allows BillDesk to access
           payments platform BillDesk to power   Shiprocket’s expansive D2C network
           payments on their one-click checkout   and unlock opportunities in the
           solution. The consolidated offering   massive $20 billion market, which
           combines the technological and   is growing at a healthy rate of over
           logistical capabilities of Shiprocket,   25%annually.
           and the industry-leading payments
           experience of BillDesk to provide
           a seamless one-click checkout
           experience for D2C merchants in India.
             Through this partnership,
           Shiprocket will provide its
           merchants with a world-class
           payment experience by leveraging
           BillDesk's extensive experience


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