Funding News

Peeko Raises Rs 67.4 Crore Series A From Chiratae Ventures — Bengaluru's Babycare Quick Commerce Platform Hits a Milestone Round

By Mustafa Shariff, Editor in Chief · August 25,2026 · 2 mins read

Mustafa Shariff, Editor in Chief — Peeko Raises Rs 67.4 Crore Series A From Chiratae Ventures — Bengaluru's Babycare Quick Commerce Platform Hits a Milestone Round

Summary

  • Peeko Raises Rs 67.4 Crore Series A From Chiratae Ventures — Bengaluru Babycare Quick Commerce Platform Scales Beyond Maharashtra
  • Peeko, Bengaluru-based babycare quick commerce platform, raised Rs 67.4 crore Series A led by Chiratae Ventures with Stellaris Venture Partners — for business expansion, technology development, and hiring as it deepens Bengaluru presence.

"Peeko is solving a problem that every parent in India's urban centres understands: when you need baby formula, nappies, a thermometer, or infant medication at 2 AM, the available options are either a petrol pump convenience store or a 45-minute wait for a general quick commerce delivery. Peeko is built specifically for the babycare category — the products, the assortment depth, the speed, and the trust that parents of infants and young children need. We are growing in Bengaluru and preparing to expand rapidly to other cities."

Peeko, a Bengaluru-headquartered babycare quick commerce platform, raised Rs 67.4 crore in a Series A funding round on August 20, 2026, led by Chiratae Ventures with participation from existing investor Stellaris Venture Partners and prominent angel investors.
What Peeko Does
Peeko operates a category-specialised quick commerce model focused exclusively on babycare products — baby formula, nappies, baby food, infant clothing, babycare accessories, and health-adjacent babycare products including infant OTC medications, digital thermometers, nebulisers, and baby health monitors. The category specialisation allows Peeko to maintain a depth and breadth of baby product assortment that general quick commerce platforms (Zepto, Blinkit, Swiggy Instamart) cannot justify at a product category level.
The Health Adjacency
A significant portion of Peeko's category is health-relevant: infant and toddler OTC medications (paracetamol suspensions, cough syrups subject to the paediatric FDC restrictions covered in today's BHC Media August 24 edition), digital thermometers (the most-purchased baby health diagnostic), nebulisers for childhood asthma and respiratory infections, baby monitors with health-monitoring features, and breastfeeding support products. For parents of infants and young children, the intersection of healthcare and babycare is pervasive — nearly every babycare shopping occasion involves a health-relevant decision.
Bengaluru First, Then Expansion
Peeko is currently focused on Bengaluru as its primary market — deepening its presence in the city before expanding to other metros. The Rs 67.4 crore Series A will fund business expansion, technology development, and hiring. Chiratae Ventures — formerly IDG Ventures India — is one of Bengaluru's most established technology VC firms with a portfolio spanning consumer tech, B2B SaaS, and health-adjacent startups.
BHC Perspective
For BHC's Bengaluru community, Peeko's Series A is a local consumer health story — a Bengaluru startup scaling a babycare platform with institutional capital. For BHC founders building in maternal and child health, infant health monitoring, or paediatric digital health — Peeko's distribution network is a potential B2B channel for health technology products reaching parents of young children.
Frequently Asked Questions
Q: What is Peeko?
A: Bengaluru-based babycare quick commerce platform delivering baby formula, nappies, infant OTC medications, thermometers, nebulisers, and baby health products within 60 minutes. Category-specialised alternative to general quick commerce for depth of babycare assortment.
Q: What round did Peeko raise?
A: Rs 67.4 crore Series A led by Chiratae Ventures with participation from Stellaris Venture Partners and angel investors, announced August 20, 2026.
Q: Why is Peeko health-adjacent?
A: Infant OTC medications, digital thermometers, nebulisers, baby health monitors, and breastfeeding support products are a significant part of the babycare category — making nearly every Peeko shopping occasion health-relevant for parents of infants and young children.