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
Peeko, a baby care startup, raises $3.2M from Stellaris and others.
More Relevant Posts
-
#Update Zepto Raises $450M Funding, Valuation Soars to $7 Billion Zepto scaled order volume 200% over the past 18 months and was still able to consistently turn more and more of their stores profitable even as they invested in growth. Zepto | Aadit Palicha | Devendra Meel | Vanisree D | Chandan Mendiratta | Shashank Shekhar Sharma | Shreeya Chandgothia | Neeta N | Raaziya Banu | Aarshita Verma | Vinay Dhanani. Read more: https://lnkd.in/djmAcnA9 #Zepto #StartupFunding #QuickCommerce #UnicornIndia #BusinessGrowth #InvestorNews #EcommerceIndia #StartupEcosystem
To view or add a comment, sign in
-
-
Cloud-kitchen unicorn Curefoods has reportedly secured SEBI approval to launch its initial public offering (IPO), aiming to raise up to INR 800 Cr through a fresh issue and offer-for-sale by existing investors. 👇 The startup, which filed its DRHP in June and raised INR 160 Cr in pre-IPO funding from Binny Bansal’s 3State Ventures, plans to use the proceeds for expansion, marketing, strategic investments, and debt repayment. On the financial front, Curefoods’ net loss remained steady at INR 169.9 Cr in FY25, while operating revenue grew 27% to INR 745.8 Cr. With backing from Accel, Iron Pillar, Chiratae Ventures, Curefoods joins India’s growing list of homegrown startups eyeing the public markets. Read the full article here- https://4-2.co/3WnYURs #news #Inc42 #Cloudkitchen #IPO #SEBI #funding #raise #investment #India #startupnews #foodtech #tech
To view or add a comment, sign in
-
-
🚀 Zepto raises $450 million at a $7 billion valuation! Quick-commerce platform Zepto has raised $450 million in its latest funding round, reaching a $7 billion valuation 💰 The round was led by the California Public Employees’ Retirement System (CalPERS), with participation from Avenir Growth, Avra, Lightspeed, Glade Brook, The Stepstone Group, and Nexus Venture Partners. According to Mint, the funds will help Zepto strengthen its growth plans and scale further. “This financing reflects our team’s execution to grow rapidly while consistently building operating leverage. We now have approximately $900 million in net cash and are well-capitalised for the future,” — Aadit Palicha, Co-founder & CEO, Zepto. 👏 Another big milestone for India’s startup ecosystem and the quick-commerce revolution! #Zepto #StartupNews #QuickCommerce #Funding #Innovation #IndiaStartups
To view or add a comment, sign in
-
-
Baby care quick commerce platform OZi has raised $3.3 million in a seed funding round led by Blume Ventures, with participation from Huddle Ventures, Zeropearl VC, Untitled, and prominent angel investors. Founded by serial entrepreneur Amit Sah and led by industry veterans Arushi Arora and Charishma Motwani, OZi specializes in delivering baby products including apparel, diapers, and toys within 30 minutes. The platform currently operates in Gurugram and offers products from leading brands such as Cetaphil, Nestle, Huggies, and Chicco. The fresh capital will be utilized to expand operations into additional cities, broaden the product SKU range, and strengthen the logistics infrastructure to maintain the company's 30 minute delivery commitment. OZi, which commenced operations in September 2025, aims to capture the growing demand for convenienced riven solutions in India's baby care segment through its specialized quick commerce model. Read more:https://lnkd.in/eez9kV5V Follow Startupstag for the latest updates on Indian and International startups. #OZi #SeedFunding #BlumeVentures #QuickCommerce #BabyCare #StartupIndia #Ecommerce #VentureCapital #StartupFunding #IndianStartups
To view or add a comment, sign in
-
-
From a $450M fundraise to a $7B valuation, Zepto's next big move isn't just about getting faster—it's about cracking value. CEO Aadit Palicha frames the challenge with a powerful comparison: Zepto: Mastered 10-minute delivery (proximity). DMart: Mastered low prices (value). The goal is to merge both, combining DMart's affordability with Zepto's speed. This strategic shift from #7 to #2 in the market shows their ambition to redefine India's quick commerce landscape. #Zepto #QuickCommerce #StartupNews #FundingNews #AaditPalicha #DMart #IndianStartups
To view or add a comment, sign in
-
-
Used-car platform Spinny saw its operating revenue rise 25% to Rs 4,657 crore in FY25, while net losses fell 28% to Rs 424 crore, marking a second consecutive year of improvement. The Gurugram-based startup achieved this through better gross margins and controlled expenses, including lower employee costs, interest, and depreciation. Operating losses narrowed 27% to Rs 381 crore. After a tough funding period, Spinny has been streamlining operations, exiting loss-making segments, and focusing on profitability. In June, it raised $170 million in a round led by Accel Leaders Fund, with participation from WestBridge Capital, Fundamentum, and existing investors including Tiger Global. Spinny’s growth highlights its stronger foothold in India’s used-car market amid industry consolidation. Team Spinny✅ Niraj Singh| Ramanshu Mahaur| Mohit Gupta| Payal Nambiar| Gaurav Agarwal | Arshdeep Chhabra | Akansh Sinha| Rohan Aggarwal| Santosh Patchikura| Sambhaw Pandey| Riya Mehta| #spinny #revenueGrowth #lossDeclined #profit #carMarketplace #startupupdates #startupro
To view or add a comment, sign in
-
-
🚀 Startfresh Backs Trozo to Transform Deep-Tech Customer Engagement Startfresh Ventures, a SEBI-registered venture fund, has led the Seed round for Trozo, a Bangalore-based deep-tech platform redefining how brands connect with their customers. Founded by Pavan Govindan, Janardhan J V, and serial entrepreneur Dilip Adiga, Trozo helps brands move beyond transactions to build long-term, meaningful relationships — turning revenue into relationships. 💬 “Trozo is solving one of the most urgent problems for brands today — the lack of customer insights and ownership,” said BM Manjunath, Founder & Partner at Startfresh Ventures. With this funding, Trozo will: ✅ Accelerate product development ✅ Expand across F&B, D2C, and retail sectors ✅ Onboard 100+ brands and reach 100K+ users across India & the Middle East 🌍 Backed by Startfresh’s strategic mentorship and $25M fund, Trozo is set to build the most impactful customer engagement ecosystem in the market. #StartupFunding #DeepTech #CustomerEngagement #StartfreshVentures #Trozo #Innovation #D2C #RetailTech #VentureCapital #IndiaStartups
To view or add a comment, sign in
-
-
#TodayUpdates: 1. Zepto Secures $450M in CalPERS-Led Round, Eyes IPO in 2026 2. Kuku FM raises $85 Mn from Granite Asia and others 3. Zepto Cafe CXO Shashank Sharma Moves On, Joins Foodstories as New Chapter Begins 4. graph ai raises $3 Mn in seed round from Bessemer Venture Partners 5. Koo Cofounder Mayank Bidawatka Launches New Photo-Sharing App ‘PicSee’ 6. DashamLabs raises Rs 12 Cr in seed round led by Speciale Invest 7. Razorpay Reports 65% Revenue Growth in FY25 Despite Rs 1,209 Cr Net Loss 8. Fire AI raises Rs 4 Cr in seed round led by Inflection Point Ventures 9. Blinkit targets 3,000 dark stores by March 2027 #StartupFunding #TechUpdates #IPOWatch #AIInnovation #FintechNews #FounderMoves #IndiaStartups #TodayUpdates
To view or add a comment, sign in
-
Quick commerce major Zepto has raised $450 Mn (INR 3,955 Cr) in a new funding round led by CalPERS, the US-based pension fund, valuing the startup at $7 Bn — up from $5 Bn late last year. 👇 The round, which included both primary and secondary capital, also saw participation from Avenir, Avra, Lightspeed, Glade Brook, Stepstone Group, and Nexus Venture Partners. With nearly $900 Mn cash in the bank, Zepto is doubling down on profitable growth. The startup has scaled order volume by 200% in the past 18 months and continues to make more of its stores profitable, reaffirming its position as India’s fastest-growing quick commerce player. Read the full article here - https://4-2.co/4qxu6eX Aadit Palicha | Kaivalya V. #news #Inc42 #quickcommerce #Zepto #ecommerce #funding #investment #valuation #businessnews #business #India
To view or add a comment, sign in
-
-
Quick commerce major Zepto is planning to raise around $400 Mn (about INR 3,500 Cr) at a valuation of $7 Bn, with US pension fund Calpers leading the round, according to sources. Other existing investors, including General Catalyst, Avra, Lightspeed, Glade Brook, StepStone, and Nexus Venture Partners, are also expected to participate in the round The round will be a mix of primary and secondary transactions, with a large chunk of $350–380 Mn coming in via primary transaction. Important to note that the startup has been consistently raising fresh funds this year. It has raised smaller tranches of capital from listed companies including Motilal Oswal, MapMyIndia and Elcid. However, the complete extent of the funding round is yet to be shared by the startup. The quick commerce unicorn raised over $1 Bn in fresh capital in 2024, raising $665 Mn in June and $340 Mn in August at a valuation of $5 Bn.
To view or add a comment, sign in
-