Same-day delivery service platform Pikndel has secured $285K in a pre-seed funding round led by 100X.VC. The round also witnessed participation of Anay Ventures, Flawless Company, Shavdia Ventures and Pradeep Desu.
The company plans to utilise the funds for expansion across India, Pikndel stated in a press release.
Co-founded in 2022 by Teja Vadlamani, Siddharth Batra and Tullika Batra, Pikndel provides same-day delivery services for various direct to consumer and e-commerce brands. Sellers can choose to store their products in Pikndel’s shared dark stores. The platform also provides flexible delivery timelines, ranging from four hours to same-day delivery services from their own warehouses.
The Delhi-based company offers all-in-one solutions to optimise ecommerce operations. The company says that it is currently providing same-day delivery services through its dark stores in Delhi NCR, Mumbai and Bengaluru.
100X.VC has so far invested in more than 140 startups and raised upwards of $72 million funding from VC funds, HNIs, Angel Networks and Family Offices.