Chandigarh-based logistic startup Pickkup receives $500K seed funding

Chandigarh-based Pickkup, a leading mid-mile and last-mile logistics solutions provider has raised $500,000 funding in its seed round, the company said in a statement today, February 27. The round was led by We Founder Circle (WFC), with participation from marquee angel investors from India, Australia, and the USA, it said.

"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," said Neeraj Tyagi, co-founder and CEO, We Founder Circle.

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Started in 2021 by Ankush Sharma (CEO), Chandra Shekhar (CTO), Upma Sharma (COO) , Pickkup is redefining logistics by deploying a 100 per cent electric fleet and actively contributing to decarbonisation efforts. 

Established in 2020, We Founder Circle is a global community of founders and angels offering mentoring & actively investing in early-stage startups. It invests $250,000 to $2 million in early-stage start-ups that are fueled with ambition, sustainability, and a strategic approach. WFC provides seed funding, business development, and global networking opportunities to start-ups as it believes early-stage start-ups need a lot beyond just financial support to become scalable and stable. 

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