Chetan SharmaAbhijit GairolaVivek KhetanChiratae VenturesPeekoStellaris Venture Partners

Baby care quick-commerce startup Peeko raises $7 million from Chiratae Ventures; funds to fuel expansion, tech, and hiring

Baby care quick-commerce startup Peeko has secured over $7 million in a Series A funding round led by Chiratae Ventures, with participation from Stellaris Venture Partners. The Bengaluru-based company plans to use the funds for expansion, technology development, and hiring as it aims to grow its operations.

Indian Startup News Indian Startup News20 August 2026 · 10:52 UTC
CuriousCats Full Story

Peeko, a Bengaluru-based baby care quick-commerce startup, has raised Rs 67.4 crore (over $7 million) in a Series A funding round led by Chiratae Ventures, with participation from Stellaris Venture Partners. Founded in 2025 by Chetan Sharma, Abhijit Gairola, and Vivek Khetan, Peeko focuses on delivering baby and children's products within 60 minutes.1

Since its launch, more than 100,000 parents have shopped on the platform, which has seen nearly two-fold growth each quarter over the past six months. Currently, Peeko operates three dark stores in Bengaluru, covering about 55% of the city. The startup plans to expand its network to six stores by the end of 2026 and enter two additional cities in 2027.

Peeko has significantly increased its product assortment from 6,000 stock-keeping units (SKUs) at launch to between 27,000 and 30,000. This funding follows a previous round of $3.2 million in August 2025, also led by Stellaris Venture Partners, indicating strong investor confidence in the startup's growth trajectory.3

Key Insight
“Peeko, operating three dark stores in Bengaluru, covers about 55% of the city with 60-minute delivery and plans to double its store count by end of 2026. The startup has grown nearly two-fold each quarter, with over 100,000 parents shopping since launch.”
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1
Indian Startup NewsIndian Startup News
“Baby and kids-care platform Peeko has raised Rs 67.4 crore, or more than $7 million, in a Series A round led by Chiratae Ventures.”
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EARLIER IN THE STORY:
Peeko raises $7 million in Series A funding led by Chiratae Ventures to expand dark store count in Bengaluru
Inc42
Peeko raises $7 million in Series A funding led by Chiratae Ventures to expand dark store count in Bengaluru

Peeko has raised $7 Mn (₹67.4 Cr) in its Series A funding round led by Chiratae Ventures.

Bengaluru ExpansionChiratae VenturesPeeko
2026-08-20
TL;DR by CuriousCats.ai
  • Peeko has raised $7 Mn (₹67.4 Cr) in its Series A funding round led by Chiratae Ventures.
  • The fresh capital will primarily be deployed towards expanding the startup’s presence in Bengaluru, improving its product assortment and building out its tech stack, cofounder Chetan Sharma told Inc42.
  • Peeko plans to add three more dark stores by the end of the ongoing calendar year, allowing it to cover the entire city.
  • The startup currently has around 30,000 SKUs across three dark stores in Bengaluru, up from 5,000-6,000 SKUs at launch.
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