Pikndel Secures $285K in Pre-Seed Round Led by 100X.VC

• ByStartupStory     |    December 5, 2023

Pikndel, a quick commerce delivery platform, has successfully raised $285,000 in a pre-seed funding round led by 100X.VC. Co-founded in 2022 by Teja Vadlamani, Siddharth Batra, and Tullika Batra, Pikndel focuses on empowering direct-to-consumer (D2C) and ecommerce brands to achieve rapid, cost-effective same-day deliveries. 

Additionally, it offers product storage services through dark stores. Operating presently in Delhi NCR, Mumbai, and Bengaluru, the company has ambitious plans for further expansion.

Teja Vadlamani, one of Pikndel’s founders, expressed the significance of the investment in their expansion strategy: “The investment received will be pivotal in our expansion plans as we intend to have a robust pan-India presence, making same-day deliveries a ubiquitous option for our customers.”

Ninad Karpe, Founder & Partner at 100X.VC, lauded Pikndel’s potential to disrupt the D2C and ecommerce industry, stating, “With a team that is passionate about their business and a model that will disrupt the D2C and ecommerce industry, Pikndel is poised to make significant strides in the burgeoning quick delivery space.”

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