Pikndel, a platform revolutionizing same-day delivery services for e-commerce brands, has successfully raised $1 million in its seed round, led by VC Grid. The round saw significant participation from an array of notable investors, including D2C Insider Angels, Breathe Capital, Venture Catalysts, and several industry leaders such as Akash Gupta from Zypp, Keshav Bhajanka and Sanjay Agarwal from Century Plywood, and Kanishka Sethia from Western Carriers. Additionally, family offices from Kolkata also joined the investment round.
This follows Pikndel’s earlier success in securing $285,000 in a pre-seed funding round led by 100X.VC in December 2023.
Founded in 2022 by Teja Vadlamani, Siddharth Batra, and Tullika Batra, Pikndel specializes in providing same-day delivery solutions for direct-to-consumer (D2C) and e-commerce brands. The platform allows sellers to store their products in Pikndel’s shared dark stores, offering a flexible range of delivery options from 1-hour to same-day services, helping enhance customer satisfaction and streamline operational efficiency.
With its headquarters in Delhi, Pikndel operates across major cities including Delhi NCR, Mumbai, and Bengaluru, providing comprehensive e-commerce optimization services. The company’s innovative model is designed to address the increasing demand for faster delivery times in the ever-growing e-commerce landscape.
