Funding · Mobility & Logistics
DAAKit raises $138,000 pre-seed from Inflection Point Ventures
By Startup Enthusiast ·
- Date
- Company
- DAAKit
- What it does
- Hyperlocal fulfilment and last-mile logistics
- Kind
- Funding
- Amount
- $138,000
- Stage
- pre-seed
- Founded
- 2024
- Sector
- Mobility & Logistics
What they do
DAAKit is a tech-enabled, asset-light logistics startup that helps brands deliver faster through dark stores
What happened
It raised $138,000 in a pre-seed round led by Inflection Point Ventures to open 25 new dark stores and expand its team
Why it matters
The company has maintained double-digit EBITDA and grown order volumes 15-20% monthly since its 2024 founding
The details
- DAAKit raised $138,000 in a pre-seed round.
- The round was led by Inflection Point Ventures (IPV).
- The company will use the funds to launch 25 new dark stores across Tier-I and Tier-II cities.
- It will also strengthen its technology infrastructure, licensing, and integrations.
- DAAKit plans to expand its team with strategic hires including CXO roles, VP Sales & Business Development, and operations managers.
- The startup aims to reach nearly 500,000 orders per month as its network scales.
The bigger picture
- India's logistics sector is worth over $250 billion, with logistics costs around 14% of GDP.
- Many small and medium businesses (SMBs) lack reliable fulfilment options.
- DAAKit's asset-light model and dark-store network aim to fill this gap for faster deliveries.
About the business
- DAAKit is a hyperlocal fulfilment and last-mile logistics startup.
- It uses a tech-enabled, asset-light model where brands decentralise inventory through dark stores.
- This setup enables faster deliveries to customers.
- The company currently operates in Delhi, Gurugram, Mumbai, Bengaluru, and Kolkata.
- It has a pilot in Lucknow for Tier-II/Tier-III expansion.
- DAAKit processes thousands of orders daily.
- It has maintained double-digit EBITDA since inception.
- Order volumes and revenue have grown 15-20% monthly since the company started.
What happens next
- Launch 25 new dark stores across Tier-I and Tier-II cities.
- Strengthen technology infrastructure, licensing, and integrations.
- Expand the team with strategic hires including CXO roles, VP Sales & Business Development, and operations managers.
The deal
- Type
- pre-seed
Investors
- Inflection Point Ventures (lead) — An early-stage venture capital firm that invests in startups across sectors.
Founders
- Chandan Singh Ghugtyal, Founder & CEO
About DAAKit
- Product
- Asset-light logistics model with dark stores network enabling fast local delivery for D2C brands and sellers
- Customers
- D2C brands and sellers seeking faster delivery and improved unit economics through local fulfillment
- How it makes money
- Hyperlocal fulfillment network with dark stores across Tier I and II cities connecting brands to last-mile delivery
- What sets it apart
- AI-led logistics optimizing delivery timelines and unit economics with decentralized inventory strategy
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