VC Grid leads $1 Mn seed round for Pikndel

Same-day delivery service platform Pikndel has raised $1 million in its seed round led by VC Grid. 

The round also saw participation from several notable investors, including D2C Insider Angels, Breathe Capital, Venture Catalysts, and industry leaders such as Akash Gupta from Zypp, Keshav Bhajanka and Sanjay Agarwal from Century Plywood, and Kanishka Sethia from Western Carriers, along with family offices from Kolkata.

In December last year, Pikndel had secured $285K in a pre-seed funding round led by 100X.VC. 

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 optimize ecommerce operations. The company says that it is currently providing same-day delivery services through its dark stores in Delhi NCR, Mumbai, and Bengaluru.

The firm’s innovative approach enables brands to offer multiple delivery options ranging from 1-hour to next-day delivery, significantly enhancing customer experience while maintaining operational efficiency.