Peeko has raised ₹67.4 crore ($7 million) in a Series A round led by Chiratae Ventures, with existing backer Stellaris Venture Partners and angels including MakeMyTrip co-founder Deep Kalra and V3 Ventures co-founder Arjun Vaidya joining.
The Bengaluru-based babycare quick-commerce platform was founded in 2025 by Chetan Sharma, Abhijit Gairola and Vivek Khetan. It raised $3.2 million in a Series A led by Stellaris in August 2025. The new round takes total capital deployed to roughly ₹95 crore.
Chiratae has backed the category before through FirstCry.
Store Count And Order Values
Peeko runs three dark stores in Bengaluru, covering about 55% of the city. Its SKU count has grown from 6,000 at launch to between 27,000 and 30,000, spanning apparel, toys, baby gear and consumables.
Average order value is around ₹1,000, with apparel, toys and baby gear driving most volume. The company says it has grown nearly two-fold every quarter over the past six months and now serves more than one lakh parents.
The fresh capital will fund technology work aimed at expanding Peeko beyond commerce into what the company calls a
Sources
- entrackr: contributed reporting
- IndianStartupNews: contributed reporting
- NewsBytes: contributed reporting
- Indian Retailer: contributed reporting
- Startup Story: contributed reporting
Reporting compiled and contextualised by TechScoop India. Figures reconciled across the sources above.
Originally reported by entrackr.