Peeko raised \u20b967.4 crore in a Series A led by Chiratae Ventures, with Stellaris Venture Partners and angels including Deep Kalra participating, taking total funding to about \u20b995 crore.
The capital funds dark store expansion, product assortment and technology for a broader "parenting partner" proposition beyond commerce.
Founded in 2025 by ex-Leap and ex-OYO IIT alumni, Peeko runs a try-and-buy model where riders wait at the door and process instant returns.
Growth and customer figures are company-stated, and after roughly \u20b995 crore raised the platform still operates in one city, leaving its multi-city economics unproven.
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