Logistics-tech co. Pikndel raises $1-M led by VC Grid, others

Delhi-based Pikndel , a logistics technology player offering quick commerce delivery solutions for D2C (direct-to-consumer) and e-commerce brands, has raised USD 1 million in a seed funding round led by venture syndicate VC Grid.The round also saw participation from D2C Insider Angels, Breathe Capital, Venture Catalysts, and individuals, including Akash Gupta from Zypp and Keshav Bhajanka from Century Plywood. Several family offices from Kolkata also participated in the round.Founded in 2022 by Siddharth Batra and Tullika Batra, Pikndel offers a network of shared dark stores and tech-enabled last-mile fleets.