Peeko, a babycare-focused quick commerce venture founded by former Leap Finance executives, has emerged from stealth with a $3.2 Mn (INR 28 Cr) seed round led by Stellaris Venture Partners. The round also saw participation from prominent angel investors including Maninder Gulati (Lightspeed), Abhishek Goyal (Tracxn), Nitin Gupta (Uni), Arjun Vaidya (V3 Ventures), and Kunal Bahl & Rohit Bansal (Titan Capital).

Founded in 2025 by Chetan Sharma, Abhijit Gairola, and ex-OYO executive Vivek Khetan, Peeko delivers babycare essentials such as diapers, toys, baby food, apparel, personal care products, and puzzles in under 60 minutes. Its offerings primarily target infants and kids aged 0–6 years.

Currently in beta, Peeko operates a single dark store in Bengaluru, covering 10 pincodes via its own website. The startup plans to add two more dark stores in the next 3–6 months and expand its catalog to 15,000–20,000 SKUs within nine months. Peeko also intends to scale operations in Bengaluru, pilot in other metros, and build a differentiated supply chain for high-quality sourcing.

The raised capital will be used to enhance logistics, ‘try and buy’ features, instant returns, in-house product development, and team expansion. An Android app launch is planned for next month.

With India’s $40 Bn quick commerce market by 2030, Peeko joins a growing wave of vertical quick commerce startups targeting niches like fashion and babycare.