Pico Xpress
AI-powered logistics for quick commerce and fulfillment.
| Date | Investors | Amount | Round |
|---|---|---|---|
* | N/A | Growth Equity VC | |
| Total Funding | 000k | ||
Pico Xpress is a technology-driven logistics company founded in 2023 by Kamal Syal and Aniruddha Gangopadhyay, with its headquarters in Bengaluru, India. The company focuses on providing end-to-end supply chain solutions, specializing in the quick commerce sector with delivery options ranging from 30 to 120 minutes. It serves a diverse client base, including D2C brands, e-commerce marketplaces, and retail enterprises across more than eight cities in India.
The firm's business model is centered on its proprietary AI-powered platform, which utilizes smart routing and real-time tracking to optimize last-mile delivery operations and reduce costs for its clients. Services include express parcel delivery, dark store operations, and omni-channel fulfillment. Revenue is generated by providing these logistics and supply chain services to businesses. For the fiscal year ending March 31, 2024, the company reported revenues of ₹4.17 crore.
Pico Xpress has secured $3.72 million in funding through several rounds, including a pre-Series A round in June 2025 involving investors like Blume Ventures and Enrission India Capital. This capital is being used to enhance its technological capabilities and expand its operational footprint. As of July 2025, the company had a post-money valuation of ₹134 crore.
Keywords: quick commerce logistics, last-mile delivery, supply chain solutions, AI-powered logistics, parcel delivery service, e-commerce fulfillment, dark store operations, real-time tracking, logistics technology, India logistics, express delivery, B2B logistics, omni-channel fulfillment, Kamal Syal, Aniruddha Gangopadhyay