Snowman
Integrated temperature-controlled logistics and supply chain solutions provider
About Snowman
Snowman Logistics Limited is an integrated temperature-controlled logistics service provider in India. The company was incorporated in 1993 as Snowman Frozen Foods Limited and was initially promoted by Amalgam Foods Limited. Its business segments include warehousing, transportation, and consignment agency services. The company's primary business is temperature-controlled warehousing for frozen and chilled products. Its services cater to various sectors, including food, pharmaceuticals, retail, and Fast-Moving Consumer Goods (FMCG).
Originally a trader of frozen marine products, Snowman began its cold storage operations in 1998 at four locations. Over the years, the company has had several key investors. In 1997, Hindustan Unilever Limited acquired a 23% stake. The Mitsubishi Group bought a majority stake in 2001, and in 2006, Gateway Distriparks Limited became the majority shareholder. The company was renamed Snowman Logistics Limited in 2011 to better reflect its business operations. It was listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) in September 2014.
Snowman Logistics offers a comprehensive suite of services, including temperature-controlled warehousing with temperature ranges from +25ºC to -25ºC, blast freezing, and transportation. It provides value-added services such as labeling, kitting, sorting, and repacking. The company operates a fleet of temperature-controlled trucks for both primary and secondary transportation. In 2022, Snowman launched 5PL (Fifth-Party Logistics) services, which include sourcing, procurement, and distribution management on behalf of its clients. Its clientele includes major companies like IKEA, Tim Hortons, and Baskin Robbins.
Source: Dealroom company dataKnowledge graph
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| POST IPO EQUITYOther financing | Dec 2019 | $40M | — | Adani Ports & SEZ | — |
| IPO✓Exit | Sep 2014 | $0 | — | Undisclosed | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Snowman is 3.5K monthly website visits, up 118.8% over the last three months. Snowman's team declined 13.2% over the past year.
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Investments and acquisitions
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Investors
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Series A1 investor entered at this stage
Series B and later1 investor entered at this stage
Adani Ports & SEZ
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Snowman on X, ranked by likes and reposts, corporate channels excluded.
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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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