Chandigarh-based logistics solutions provider Pickkup has raised $500,000 in a Seed Round led by We Founder Circle (WFC), with participation from investors including Neeraj Tyagi, Gaurav Singhvi, and Vikas Aggarwal, alongside other angel investors from India, Australia, and the USA.
The funding will be utilized to expand Pickkup’s electric vehicle (EV) fleet, strengthen its team, and invest in advanced logistics technology. The company aims to enhance fleet utilization and operational efficiency while minimizing environmental impact.
“Our vision is to build a sustainable, tech-driven logistics ecosystem that maximizes fleet utilization while reducing carbon emissions,” said Ankush Sharma, Co-Founder and CEO of Pickkup. “With this funding, we will optimize the cross-utilization of our electric vehicles, ensuring maximum operational hours to leverage the low operating costs of EVs for efficiency and affordability.”
Neeraj Tyagi, Co-Founder and CEO of We Founder Circle, highlighted Pickkup’s potential to drive sustainability in logistics. “Pickkup represents the future of logistics with its focus on sustainability and operational excellence. We have successfully invested in logistics startups like Zypp Electric, Evify, and Traqo, and we believe Pickkup is well-positioned to make a significant impact in decarbonizing logistics.”
Founded by Ankush Sharma (CEO), Chandra Shekhar (CTO), and Upma Sharma (COO), Pickkup operates with a 100% electric fleet, integrating cutting-edge technology to improve delivery efficiency and sustainability. As the demand for eco-friendly logistics solutions grows, the company is poised to set new industry benchmarks.
