Peeko | $7M (Series A)

Founders: Chetan Sharma, Abhijit Gairola, Vivek Khetan

Founded: 2025

HQ: Bengaluru

Sector: Quick Commerce / Babycare

What they do

→ Vertical quick-commerce platform focused exclusively on babycare and kids' products

→ Delivers in under 60 minutes via dark stores

→ ~30,000 SKUs across 100+ Indian and international brands (Dr. Brown's, Cetaphil, Sebamed, Mothercare, Pantaloons)

→ Offers a "touch and feel" try-and-return model at doorstep delivery

The Funding

→ Raised $7M

→ Series A led by Chiratae Ventures

→ Participation from existing investor Stellaris Venture Partners andangel investors including Deep Kalra (MakeMyTrip)

Why it matters

→ Operates 3 dark stores covering ~55% of Bengaluru's pincodes, with 3 more planned by end-2026

→ Plans national expansion into new cities by early 2027

→ Competing in a heating-up vertical quick-commerce space against players like Qzi and FirstCry

→ India's babycare market is projected to hit $9.72B by 2031

Can hyper-specialized quick commerce actually beat the generalists at their own game?