The 60-minute delivery platform will invest in technology, expand its dark-store network and build a broader parenting ecosystem.
Bengaluru-based babycare quick-commerce platform Peeko has raised ₹67.4 crore (over $7 million) in a Series A funding round led by Chiratae Ventures, with participation from existing investor Stellaris Venture Partners and angel investors.
The fresh capital will be used to strengthen Peeko’s technology capabilities and build a broader “parenting partner” proposition alongside its core commerce business. The funding marks another step in the startup’s efforts to scale its specialised baby and kids-care platform.
Founded last year by Chetan Sharma, Abhijit Gairola and Vivek Khetan, Peeko focuses exclusively on baby and children’s essentials, offering deliveries within 60 minutes. Its assortment includes apparel, diapers, toys, baby food, baby gear and other everyday products. The platform also provides try-and-buy and instant-return options.
Peeko says its business has nearly doubled every quarter over the past six months, highlighting strong early traction. More than one lakh parents have shopped on the platform since its launch.
The startup currently operates three dark stores in Bengaluru, covering approximately 55% of the city. It plans to increase its network to six stores by the end of 2026, before expanding into two additional cities next year.
Peeko has also significantly expanded its product assortment. From approximately 6,000 SKUs at launch, the platform now offers between 27,000 and 30,000 SKUs across apparel and accessories, toys and learning, baby gear, and consumables.
The company’s average order value is around ₹1,000, with apparel, toys and baby gear contributing significantly to its business. By combining specialised assortment with rapid delivery, Peeko is positioning itself around the specific needs of parents seeking convenience and speed.
The latest funding builds on Peeko’s previous $3.2 million round, which was led by Stellaris Venture Partners and included angel investors such as Maninder Gulati, V3 Ventures co-founder Arjun Vaidya and others.
Peeko operates in an emerging category of vertical quick-commerce platforms focused on baby and kids-care products. The model allows specialised players to build deeper assortments and tailor their services around specific consumer needs.
Another player in the segment is Qzi, which offers more than 15,000 products for children and recently raised $6.2 million in Series A funding led by RTP Global, following an earlier $3.3 million seed round.
With fresh capital, expanding dark-store infrastructure and a rapidly growing assortment, Peeko is now focused on scaling its quick-commerce model while evolving into a broader technology-enabled parenting platform.
Source: Based on publicly available reporting, with additional editorial adaptation and analysis.
