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

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Pikndel, a quick commerce delivery platform, has successfully secured $285,000 in a pre-seed funding round led by 100X.VC. Founded in 2022 by Teja Vadlamani, Siddharth Batra, and Tullika Batra, Pikndel is dedicated to empowering direct-to-consumer (D2C) and ecommerce brands, enabling swift and cost-effective same-day deliveries. Additionally, it provides product storage services utilizing dark stores. Currently operational in Delhi NCR, Mumbai, and Bengaluru, the company harbors ambitious plans for extensive future expansion.

Teja Vadlamani, one of the founders of Pikndel, emphasized the investment's importance in their expansion strategy: "The received investment will play a crucial role in our expansion goals, aiming for a strong nationwide presence, making same-day deliveries a widespread choice for our customers".

Ninad Karpe, Founder & Partner at 100X.VC, praised Pikndel's potential to revolutionize the D2C and ecommerce sector, stating, "With a passionate team and a disruptive model in the D2C and ecommerce landscape, Pikndel is positioned to make significant advancements in the burgeoning realm of quick delivery".