Baby and kids-care quick-commerce platform Peeko has raised Rs 67.4 crore, or more than $7 million, in a Series A funding round led by Chiratae Ventures.
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Existing investor Stellaris Venture Partners and a number of angel investors also participated in the round.
The Bengaluru-based startup said the fresh capital will be used for business expansion, technology development and hiring. It also plans to invest in technology as it develops a broader “parenting partner” proposition alongside its commerce business.
Founded in 2025 by Chetan Sharma, Abhijit Gairola and Vivek Khetan, Peeko operates a vertical quick-commerce platform focused on baby and children’s products, with deliveries in under 60 minutes.
Its assortment includes apparel and accessories, toys and learning products, baby gear and consumables. The platform also offers try-and-buy and instant-return options.
Peeko said more than 100,000 parents have shopped on the platform since its launch. It has grown nearly two-fold in each quarter over the past six months.
The startup currently operates three dark stores in Bengaluru, covering about 55% of the city with its 60-minute delivery service.
It plans to increase its network to six stores by the end of 2026 before expanding into two additional cities in 2027.
Peeko has expanded its assortment from about 6,000 stock-keeping units, or SKUs, at launch to between 27,000 and 30,000.
According ot the startup, its average order value is about Rs 1,000, with apparel, toys and baby gear accounting for a significant share of its business.
The latest investment follows Peeko’s $3.2 million funding round in August 2025, which was led by Stellaris Venture Partners. Angel investors in that round included Maninder Gulati and V3 Ventures co-founder Arjun Vaidya.
Peeko is among a growing group of specialist quick-commerce companies focusing on individual retail categories as rapid-delivery services expand beyond groceries and everyday essentials.
