Logistics start-up Pickkup raises USD 500K in Seed Round

Pickkup, a mid-mile and last-mile logistics solutions provider focused on electric light commercial vehicles (LCVs), has raised USD 500K in its Seed Round. The funding round was led by We Founder Circle (WFC) and included participation from investors such as Neeraj Tyagi, Gaurav Singhvi, and Vikas Aggarwal, along with other angel investors from India, Australia, and the USA.

The funds will be used to expand Pickkup’s electric fleet, strengthen its team, and invest in technology to improve logistics efficiency.

“Our vision is clear: to build a sustainable, tech-driven logistics ecosystem that maximizes fleet utilization while minimizing environmental impact,” said Ankush Sharma, Co-Founder and CEO, Pickkup.io “With this funding, we aim to optimize cross-utilization of our electric vehicles, ensuring they are operational for the maximum number of hours daily—a move that leverages the low operating costs of EVs for enhanced efficiency and affordability.” 

Neeraj Tyagi, Co-Founder and CEO, We Founder Circle remarked, “Pickkup represents the future of logistics with its unwavering focus on sustainability and operational excellence. At We Founder Circle, we have been constantly investing in the logistic sector and created good success stories like Zypp Electric, Evify, Traqo and we believe Pickkup is all set to create big impact with its tech-driven approach to decarbonizing logistics.”

Pickkup, founded by Ankush Sharma, Chandra Shekhar, and Upma Sharma in Chandigarh, operates a 100% electric fleet and leverages technology to enhance delivery efficiency while supporting decarbonization in logistics. We Founder Circle (WFC), established in 2020, is a global network of founders and angel investors investing USD 250K–2M in early-stage startups. WFC has facilitated USD 39M in investments across 100+ startups, including BluSmart, Zypp Electric, and Pixxel SpaceTech.

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