Bengaluru-headquartered Peeko, a babycare-focused quick commerce platform, has raised $3.2 million in its seed funding round led by Stellaris Venture Partners.
The round also saw participation from angel investors including Maninder Gulati (former OYO), Kunal Bahl & Rohit Bansal (Titan Capital), Abhishek Goyal (Tracxn), Nitin Gupta (Uni), and Arjun Vaidya (V3 Ventures), the startup said in a statement.
The funding will be used to build a superior product experience, expand curated supply across babycare categories, and invest in cross-functional hiring, the statement added.
“Parents today lack a convenient, reliable solution for their babycare needs. They often have to step out for purchases or wait days for online deliveries, only to face issues with fit, returns, and refunds. At Peeko, our goal is to provide the right product assortment at the right price and quality – delivered quickly, with the added convenience of try-and-buy and instant returns. We are building a brand that parents can trust and love, every single time,” said Chetan Sharma, co-founder of Peeko.
Co-founded in 2025 by IIT alumni Sharma (ex-Leap), Vivek Khetan (ex-OYO), and Abhijit Gairola (ex-Leap), Peeko offers products across apparel and accessories, toys and learning, baby gear, and consumables, with delivery in under 60 minutes, along with try-and-buy and instant return options.
INDIA DEAL MONITOR
Here are the prominent venture capital transactions in India announced from August 21-26, 2025.
| Startup | Headquarter | Investment Size (USD) | Investment Stage | Lead Investor(s) | Other Investor(s) | Industry | Verticals |
|---|---|---|---|---|---|---|---|
| Peeko | Bengaluru | 3,200,000 | Seed | Stellaris Venture Partners | Maninder Gulati (ex-OYO), Kunal Bahl and Rohit Bansal (Titan Capital), Abhishek Goyal (Tracxn), Nitin Gupta (Uni), and Arjun Vaidya (V3 Ventures) | Consumer Products | E-commerce |
| Vistaar Financial Services | Bengaluru | 156,000,000 | Private Equity | Motilal Oswal Alternates | ABC Impact | Financial Services | Fintech Lending |
| Palmonas | Pune | 6,200,000 | Series A | Vertex Ventures Southeast Asia & India (SEAI) | - | Retail | E-commerce |
| Harajuku Tokyo Café | Delhi | 2,000,000 | Seed | Indian Angel Network (IAN), Samved VC | LetsVenture, Capitar Ventures | Food | Restaurant Tech |
| WizCommerce | Bengaluru | 8,000,000 | Series A | Peak XV Partners | Blume Ventures, Z47, and Alpha Wave | Software | Sales/Marketing Software |
| Wastelink | Delhi | 3,000,000 | Series A | Avaana Capital | - | Food | Cleantech |
| CredRight | Hyderabad | 10,000,000 | Series B | Abler Nordic | Michael & Susan Dell Foundation, Unleash Capital | Financial Services | Fintech |
| Enmovil | Hyderabad | 6,000,000 | Series A | Sorin Investments | Capria Ventures, Twynam | Logistics/Distribution | SaaS |
| Edgehax | Bengaluru | 158,494 | Seed | Inflection Point Ventures | - | Hardware | AI and Machine Learning |
| Mitra | Bengaluru | 1,600,000 | Bridge | Bestvantage Investments | - | Food | E-commerce |
| Altum Credo | Pune | 19,500,000 | Equity | British International Investment (BII) | - | Financial Services | Fintech Lending |
| Kiwi | Bengaluru | 24,000,000 | Series B | Vertex Ventures South East Asia & India | Nexus Venture Partners, Stellaris Venture Partners, Omidyar Network | Financial Services | Fintech |
