Funding · Commerce & Consumer Brands

Peeko raises ₹67.4 crore in Series A funding

By Startup Enthusiast · 20 August 2026

What they do

Peeko is a Bengaluru-based quick commerce platform delivering baby and kids-care essentials like apparel, diapers, and toys within 60 minutes

The company raised ₹67.4 crore in a Series A round led by Chiratae Ventures with participation from Stellaris Venture Partners

The startup plans to scale its dark-store network to six by end of 2026, then enter two additional cities next year

Peeko secured ₹67.4 crore in a Series A funding round on 20 August 2026.
The investment round was led by Chiratae Ventures.
Existing investor Stellaris Venture Partners and various angel investors also participated in the round.
The company intends to use the capital to build a broader parenting partner proposition.
Funds will support the expansion of its dark-store (small neighborhood warehouses for quick delivery) network.
The startup plans to increase its dark-store count to six by the end of 2026.
Peeko aims to enter two additional cities in the following year.

The company has grown nearly two-fold every quarter over the past six months.
Peeko differentiates itself by focusing on a specialized babycare niche rather than general quick commerce.
Lead investor Chiratae Ventures previously backed FirstCry, a major player in the babycare market.

Peeko operates a quick commerce platform for baby and kids-care products.
It delivers items like apparel, diapers, baby food, toys, and gear within 60 minutes.
The platform offers unique features such as try-and-buy and instant returns.
It currently operates three dark stores in Bengaluru, covering 55% of the city.
The company has served over one lakh parents since its launch.
The product assortment has expanded from 6,000 to approximately 30,000 SKUs (stock keeping units).
The average order value on the platform is around ₹1,000.
The company currently employs approximately 60 people.

Chiratae Ventures (lead) — An early backer of FirstCry with extensive experience in the babycare sector.
Stellaris Venture Partners (existing) — An existing investor that led the company's seed round.

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