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Analysis · Commerce & Consumer Brands

Peeko raises $7 Mn in Series A round

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Peeko logo
Date
Company
Peeko
What it does
Babycare quick commerce platform
Kind
Analysis
Amount
$7 Mn
Stage
Series A
Based in
Bengaluru
Founded
2025
Sector
Commerce & Consumer Brands

What they do

Peeko is a babycare-focused quick commerce platform that delivers products in one hour

What happened

It raised $7 Mn in Series A funding led by Chiratae Ventures

Why it matters

The Indian quick commerce market is expected to reach $68 Bn GMV by 2031

The details

  • Peeko raised $7 Mn (approximately ₹67 Cr) in a Series A funding round.
  • The round was led by Chiratae Ventures.
  • Peeko will use the funds to expand its presence in Bengaluru.
  • It will also improve product assortment and build its tech stack.
  • The company plans to ramp up hiring and expand operations.

The bigger picture

  • Peeko operates at the intersection of babycare and instant gratification.
  • The Indian quick commerce market is expected to clock $68 Bn GMV by 2031.
  • Peeko competes with Ozi in the babycare quick commerce space.

About the business

  • Peeko is a babycare-focused quick commerce platform.
  • It delivers babycare products within one hour.
  • The platform offers around 30,000 SKUs (stock keeping units, or distinct products).
  • It houses more than 100 Indian and international brands.
  • Peeko currently operates 3 dark stores (warehouses for quick delivery) in Bengaluru.

What happens next

  • Expand presence in Bengaluru.
  • Improve product assortment.
  • Build tech stack.
  • Ramp up hiring.
  • Expand operations.

The deal

Type
funding

Investors

About Peeko

Product
Quick-commerce platform delivering baby and children's products including apparel, toys, gear and consumables
Customers
Parents and caregivers seeking convenient access to baby and kids products
How it makes money
Vertical quick-commerce marketplace with dark stores and in-house delivery
What sets it apart
Focused vertical marketplace with try-and-buy and instant-return options

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