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

[Funding alert] Logistics Startup Pikndel Secures $285K in Pre-Seed Round Led by 100X.VC

A pre-seed funding round led by 100X.VC has secured $285K for the delivery service platform Pikndel. Pradeep Desu, Shavdia Ventures, Flawless Company, and Anay Ventures were also involved in the round.

A pre-seed funding round led by 100X.VC has secured $285K for the delivery service platform Pikndel. Pradeep Desu, Shavdia Ventures, Flawless Company, and Anay Ventures were also involved in the round.

As per the press release, Pikndel, the company intends to use the funds for expanding its operations throughout India.

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“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,” said Teja Vadlamani, Co-Founder & CBO, Pikndel.

Pikndel provides a shared dark store and delivery solution for brands that trade on the internet.

Read also – [Funding alert] Dairy Fintech Startup Digivriddhi Raises $6 Mn Series A Funding Led By Omidyar Network India

Ninad Karpe, Founder & Partner, 100X.VC, said, “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.”

About Pikndel

Logistics startup Pikndel prioritises technology. Together with their fastest delivery options, their network of shared dark stores enables e-commerce brands to offer their customers lightning-fast same-day delivery experiences.

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