Bengaluru-based babycare quick commerce platform Peeko has raised $3.2 million in a seed funding round led by Stellaris Venture Partners, with participation from prominent angel investors including Maninder Gulati, Kunal Bahl & Rohit Bansal (Titan Capital), Abhishek Goyal (Tracxn), Nitin Gupta (Uni), and Arjun Vaidya (V3 Ventures).
The funding will be utilised to enhance product experience, expand curated supply, and strengthen hiring, the company announced.
Peeko, founded earlier this year by Chetan Sharma (ex-Leap, IIT alumnus), Vivek Khetan (ex-OYO), and Abhijit Gairola (ex-Leap), is building a vertical quick commerce platform focused on babycare products.
The startup offers sub-60-minute deliveries, along with try-and-buy options and instant returns to enhance convenience for parents.
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Currently, Peeko is live across 10 Bengaluru pincodes through a single 4,000 sq. ft. dark store and plans to roll out its mobile app in September 2025. Over the next 12–18 months, it intends to scale operations in Bengaluru with multiple dark stores and also pilot launches in other metro cities based on demand.
The company said it is focused on solving challenges such as catalogue fatigue, slow fulfilment, and unreliable quality by building a trusted, parent-first brand. Peeko also plans to leverage AI-driven recommendations to personalise the shopping experience for parents.
