Home
Portfolio
Apply
About Us
Team
iSafe
Investor Hub
arrow-icon
Founders' Hub
arrow-icon
Partners
arrow-icon
News and Views
arrow-icon
Analyst Trainee Program
Contact Us
photo
100X.VC Team
Written by various collaborators within Team 100X.VC
calendar
Nov 01, 2023
Topic
icon
icon
Latest Press Releases
Vodex.ai raised USD 2 Mn in seed fu...
Read More
abCoffee raises USD 3.4M in Series ...
Read More
Happi Planet raises $1 Mn in a stra...
Read More
Accio Robotics raises $1.8 Mn in Pr...
Read More

1st November 2023:

The fastest growing same-day delivery platform,

Pikndelsecures $285K in a pre-seed round led by 100X.VC

. 100X.VC was the first institutional investor to invest in the company. Post 100X.VC pitch day, notable contributors, including Anay Ventures, Flawless Company, Shavdia Ventures, Pradeep Desu, and other distinguished investors, have further invested in Pikndel. The capital raised will help the company reach one- step closer to its mission to revolutionize same-day deliveries in India.

Founded in 2022 by Teja Vadlamani, Siddharth Batra, and Tullika Batra, Pikndel is disrupting the logistics industry by empowering D2C brands to achieve swift, cost-effective deliveries. The company provides same-day delivery services for various leading D2C and e-commerce brands. Sellers can choose to store their products in Pikndel’s shared dark stores. Additionally, the platform provides flexible delivery timelines, ranging from four hours to same-day delivery services from their own warehouses.

Teja Vadlamani, Co-Founder and Chief Business Officer, Pikndel, said, “We take pride in being the fastest-growing quick commerce delivery partner. 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. We are grateful to 100X.VC and other investors for their support and are bracing for progressive times ahead."

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 e-commerce industry, Pikndel is poised to make significant strides in the burgeoning quick delivery space. As the first institutional investors in the company, we are delighted that they have received the required support to push them on the path of rapid growth."

Pinkdel offers all-in-one solutions to optimize e-commerce operations.Currently providing same-day delivery services through its dark stores in Delhi NCR, Mumbai, and Bangalore, the platform has ambitious plans for expansion.

logo-footer
100X.VC is the first Venture Capital firm to invest in early stage startups using founder friendly India SAFE Notes.
Send Your pitches to us at:
www.100x.vc/apply
For other queries, please contact us at:
Portfolio
Apply
About Us
Team
iSafe
Partners
Investor Hub
Founders Hub
News and Views
Contact Us
© 2000-2021, All Rights Reserved