Peeko, a baby care startup, raises $3.2M from Stellaris and others.

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Peeko, founded by ex-Leap executives, raised $3.2M in seed funding led by Stellaris Venture Partners. Angel investors including Lightspeed's Maninder Gulati and Tracxn's Abhishek Goyal also participated. The funds will enhance product assortment, logistics, and team growth. Peeko, cofounded by Chetan Sharma, Abhijit Gairola, and Vivek Khetan, aims for 60-minute delivery of baby care products. Currently in beta in Bengaluru, Peeko plans to expand dark stores and SKUs. They intend to launch an Android app and partner with babycare brands, amidst India's booming quick commerce market projected to reach $40B by 2030. #BabyCare #QuickCommerce #StartupFunding #DeccanFounders #Peeko #StellarisVenturePartners

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