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Funding · Mobility & Logistics

DAAKit raises $138,000 pre-seed from Inflection Point Ventures

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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

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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