Peeko, a babycare quick-commerce startup, has raised $3.2 million in seed funding led by Stellaris Venture Partners.
Several angel investors also joined the round, including Maninder Gulati (former OYO chief strategy officer), Kunal Bahl and Abhishek Goyal (Tracxn cofounders), Nitin Gupta (founder & CEO of Uni), and Arjun Vaidya (cofounder of V3 Ventures).
The Bengaluru-based company plans to use the funds to improve its products, expand supply, and grow its team.
“Apart from building the right product assortment and supply chain, we are working on the technology and products to create seamless ‘try and buy’ and instant return experiences,” said Peeko cofounder Chetan Sharma.
“The baby and kids’ market is large, fragmented, and largely unbranded, with attractive gross margins. While offline remains the dominant channel in this market, e-commerce has struggled to penetrate meaningfully. Quick commerce presents an opportunity to combine offline reliability with online convenience for time-constrained parents,” said Mayank Jain, principal, Stellaris Venture Partners, in a prepared statement.
Peeko was started in 2025 by Chetan Sharma and Abhijit Gairola, former Leap executives, along with Vivek Khetan, a former OYO executive. The platform delivers carefully chosen babycare products to customers in less than 60 minutes.
Peeko offers a range of products for kids aged 0–6 years, including diapers, toys, baby food, personal care items, clothes, puzzles, and gifts.
Peeko is still in its beta stage and currently operates one dark store, delivering to 10 pincodes in Bengaluru through its website. Sharma told Inc42 that the startup plans to open two more dark stores in the next 3–6 months and add 15,000–20,000 products within nine months.
In the future, Peeko aims to expand across Bengaluru, test launches in other metro cities, and build a strong supply chain for high-quality products. It also plans to launch its Android app next month and partner with both well-known and new babycare brands to grow its product range.
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