Quick commerce babycare platform Peeko raises Rs 67.4 Cr in Series A led by Chiratae Ventures
Bengaluru-headquartered Peeko said it will utilise this funding for business expansion, technology development, and hiring.
Bengaluru-headquartered babycare platform Peeko has raised Rs 67.4 crore in a Series A round of funding led by Chiratae Ventures, with participation from existing investor Stellaris Venture Partners and prominent angel investors.
Peeko said it will use this funding towards business expansion, technology development, and hiring as it looks to deepen its presence in Bengaluru and expand into newer cities. The startup previously raised $3.2 million in seed round of funding led by Stellaris Venture Partners in 2025.
Founded in 2025 by IIT alumni Chetan Sharma, Vivek Khetan, and Abhijit Gairola, Peeko aims to be the parenting partner for new-age parents who avoid buying baby apparel and toys online as it does not solve the problem of touch-and-feel, and delivery speed.
A statement said, Peeko has a curated assortment of 25,000-30,000 SKUs spanning apparel and accessories, toys and learning, baby gear, and consumables. The products are delivered in under 60 minutes, with a try-and-buy and instant returns option helping parents check the fit and quality.
“By bringing an offline-like shopping experience to the doorstep, we've earned the trust of more than one lakh parents who have shopped on our platform since we launched eleven months ago. We're seeing strong adoption of our try-and-buy feature, with the majority of transacting users opting for it when placing an order,” said Peeko co-founder Chetan Sharma.
The startup covers around 505-55% of the locations in Bengaluru with 60-minute delivery and aims to scale to six dark stores by the end of 2026 to cover the entire city.
“Baby and kids commerce in India remains a large opportunity and in need for an alternate destination for new-age parents. Peeko has built the category-defining answer–deep curation, sub-60-minute delivery, and a genuine try-and-buy experience that we believe addresses an important gap in the market,” said Anoop N Menon, Partner and Consumer-Tech Lead, Chiratae Ventures.
Edited by Megha Reddy