
Pickkup
EV Logistics | B2B, Seed
Chandigarh, India
Pickkup is a tech-enabled, green logistics provider with a 100% leased EV fleet, transforming last-mile and mid-mile delivery. Focused on sustainability, it leverages advanced technology to optimize logistics, cut carbon footprints, and enhance efficiency. Its on-demand pickup and delivery app offers real-time tracking for seamless operations. Specializing in bulk transportation and warehousing, Pickkup delivers cost-effective, eco-friendly solutions. Recognized by STPI’s Leap Ahead Program and partnering with Tata Motors, it drives the clean mobility transition. With plans to expand to 500 EVs and launch inter-city operations by 2026, Pickkup is shaping the future of sustainable logistics by actively contributing to decarbonisation efforts.
Founders
Key Highlights
YTD Revenue (Feb'25)
INR 2 Cr
Individual Clients
600+
Estimated ARR (FY-26)
INR 25 Cr
Green KMs
1,50,000+
Deliveries Completed
97,000+
MOU with Tata Motors
100 Vehicles
Key and Current Investors


Key Clientele









Deal Details
Current Deal Round
Seed
Round Size
INR 4 Cr (INR 1.5 Cr committed)
Instrument
CCD
Soonicorn Platform Fee
Admin Fee: 2% of investment amount
Carry: 10%
Valuation
Floor- INR 20 Cr Cap- INR 40 Cr
Till 12 Mths – 15% discount
12-18 Mths – 20% discount
Minimum Ticket Size per Investor
INR 3,00,000
*AIF Condition : Consolidated commitment for AIF should be more than INR 25 Lacs to qualify as a valid entry to the cap table
Deal Runners



