Analysis · Commerce & Consumer Brands
Peeko raises $7 Mn in Series A round
By Startup Enthusiast ·
- Date
- Company
- Peeko
- What it does
- Babycare quick commerce platform
- Kind
- Analysis
- Amount
- $7 Mn
- Stage
- Series A
- Based in
- Bengaluru
- Founded
- 2025
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
- Chiratae Ventures (lead)
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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