Peeko, a children's goods platform based in Bangalore, has successfully raised ₹67.4 million in a Series A funding round. Chiratae Ventures led this round, with participation from existing investors Stellaris Venture Partners and prominent angel investors.
The company plans to use the raised funds to expand its business, develop technology, and hire personnel. These steps are aimed at deepening Peeko's presence in Bangalore and expanding into new cities. Previously, in 2025, the startup secured $3.2 million in a seed round led by Stellaris Venture Partners.
Peeko was founded in 2025 by IIT graduates Chetan Sharma, Vivek Khetan, and Abhijit Gairola. The company aims to be a partner for modern parents who avoid buying children's clothing and toys online due to the lack of the ability to 'touch' the product and fast delivery.
According to the statement, Peeko offers a carefully curated assortment of 25,000–30,000 SKUs, including clothing and accessories, toys and educational materials, baby gear, and consumables. Delivery is made in under 60 minutes, and try-on options and instant returns help parents assess the quality and fit of the product.
Co-founder of Peeko, Chetan Sharma, noted that by providing an experience similar to an offline store right at the customer's doorstep, the company has gained the trust of over one hundred thousand parents who have made purchases during the platform's eleven months of operation. He also emphasized that the try-on feature is highly sought after by buyers.
Currently, the startup covers about 50-55% of locations in Bangalore, ensuring delivery within an hour, and aims to establish six dark stores by the end of 2026 to cover the entire city.
Anup N Menon, Partner and Head of Consumer Technologies at Chiratae Ventures, stated that the children's goods and commerce market in India represents a significant opportunity and requires an alternative space for modern parents. He added that Peeko has developed a solution that defines the category: deep curation, delivery in under 60 minutes, and a genuine try-on experience, which he believes fills a crucial gap in the market.