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Former Leap Execs’ Quick Commerce Startup Peeko Nets $3.2 Mn

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SUMMARY

The startup plans to use the funds to shore up product assortment, upgrade logistics, enable instant return, scale its team and build products in-house

Currently operating only one fulfillment centre in Bengaluru, Peeko plans to set up two more dark stores in the coming six months and add 20,000 SKUs in the next nine months

Peeko claims to deliver baby care products like diapers, feeding essentials, toys, personal care products, gifts and apparels in under 60 minutes

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