Quick commerce platform Peeko has raised $3.2 million in a funding round led by Stellaris Venture Partners, with participation from angel investors including Maninder Gulati, Kunal Bahl & Rohit Bansal (Titan Capital), Abhishek Goyal, Nitin Gupta, and Arjun Vaidya (V3 Ventures).
Funding Snapshot
- Amount Raised: $3.2 million (~₹27 crore)
- Lead Investor: Stellaris Venture Partners
- Other Investors: Titan Capital, Maninder Gulati, Abhishek Goyal, Nitin Gupta, Arjun Vaidya
The Challenge
India’s babycare market is highly fragmented, with parents struggling to access reliable, fast delivery of essentials. Peeko, launched in 2025 by Chetan Sharma, Vivek Khetan, and Abhijit Gairola, is addressing this gap with a vertical quick commerce model tailored to babycare, promising deliveries in under 60 minutes.
Currently live in 10 Bengaluru pincodes with a 4,000 sq. ft. dark store, Peeko focuses on curated supply, in-house delivery, and unique offerings such as try-and-buy and instant returns, designed to improve convenience and trust for urban parents.
Growth Plans
With the fresh funding, Peeko will enhance product experience, expand supply, and scale its team. The company is set to launch its mobile app in September 2025 and expand with multiple dark stores in Bengaluru before piloting in other metros over the next 12–18 months.
Market Watch
Quick commerce in India is rapidly evolving, with vertical platforms like Peeko targeting niche categories. Babycare giant FirstCry already provides same-day delivery across 40 cities, highlighting the growing demand. Peeko’s edge lies in its hyperlocal dark store strategy and exclusive focus on babycare essentials.
Final Take
Peeko’s journey signals the rise of specialized quick commerce models. By building around the unique needs of young parents, it stands to create a strong position in one of India’s fastest-growing consumer markets.
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