Pikndel

Founded in 2022 by Siddharth Batrra, Tullika, and Teja Vadlamani, Pikndel is a logistics platform addressing the demand for rapid e-commerce deliveries. Batrra, with a background from the Indian School of Business and Boston Consulting Group, alongside his co-founders, launched the venture to refine last-mile logistics.

The company operates on a dark-store-powered model, establishing fulfillment centers that serve as shared warehousing and dispatch hubs for various e-commerce brands. This infrastructure allows its clients, which are primarily direct-to-consumer (D2C) brands, to offer their customers expedited delivery options. The service portfolio includes delivery timelines ranging from four hours to same-day and next-day services, positioning it as a key partner for businesses looking to compete with the rapid delivery standards set by major e-commerce players.

Pikndel's business model is centered on providing a full-stack logistics solution, from warehousing to delivery. By managing a network of shared dark stores, the company enables brands to place inventory closer to their customers, thereby reducing delivery times and costs. The company secured $285,000 in a pre-seed funding round led by 100X.VC in late 2023, followed by a subsequent seed round. This capital is intended to expand its network of dark stores and enhance its technological capabilities.

Keywords: last-mile logistics, dark store, e-commerce fulfillment, quick commerce, D2C, supply chain, delivery service, warehousing, logistics platform, order fulfillment