About Pickingo
Pickingo is a company based in Gurugram (India) founded in 2014 was acquired by Shadowfax in November 2015. Pickingo has raised $1.45 million across 2 funding rounds from investors including Zomato, Shadowfax and Orios Venture Partners. The company has 1 employees as of April 09, 2024. Pickingo operates in a competitive market with competitors including Pikndel, VDeliver, Opinio, ADLOGGS and Runnr, among others.
- Headquarter Gurugram, India
- Employees 1 as on 09 Apr, 2024
- Stage Minicorn
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Sectors
Transportation, Automotive & Logistics
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Pickingo Logixpress Private Limited
- Date of Incorporation 27 Nov, 2014
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$1.46 K (USD)76.59as on Mar 31, 2020
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Net Profit
-$5.68 K (USD)-2519.85as on Mar 31, 2020
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EBITDA
-$7.13 K (USD)-680.81as on Mar 31, 2020
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Total Equity Funding
$1.45 M (USD)
in 2 rounds
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Latest Funding Round
Not available
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Investors
Zomato
& 4 more
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Employee Count
1
as on Apr 09, 2024
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Acquired by
Shadowfax
(Nov 09, 2015)
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Funding Insights of Pickingo
Pickingo has successfully raised a total of $1.45M across 2 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Pickingo
Pickingo has secured backing from 5 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Zomato, Shadowfax and Orios Venture Partners.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm focused on early-stage investments
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Online platform food ordering and delivery service
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ZH
Zishaan Hayath |
Founder of Toppr, active angel investor in Indian startups
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Locked | Locked | Locked |
Investor details for Pickingo
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Investments & Acquisitions by Pickingo
Investment portfolio details for Pickingo
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Financial Statements - Pickingo
Detailed financials for Pickingo
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Pickingo Comparisons
Peer comparison for Pickingo
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Competitors of Pickingo
Pickingo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Pikndel, VDeliver, Opinio, ADLOGGS and Runnr, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Shared dark store and delivery solutions are provided for e-commerce.
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Hyperlocal on-demand delivery services are facilitated via web platform.
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| Locked | Locked | Locked |
Tech-enabled last-mile delivery for food, groceries, and medicines is provided.
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Hyper-local delivery management platform is provided for logistics operations.
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On-demand food delivery is facilitated from nearby restaurants by Runnr.
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Detailed competitors of Pickingo
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Latest news on Pickingo
Complete news archive for Pickingo
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Frequently Asked Questions about Pickingo
Pickingo was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Pickingo is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Pickingo is a funded company, having raised a total of $1.45M across 2 funding rounds to date.
As of Apr 09, 2024, the latest employee count at Pickingo is 1.
Annual revenue of Pickingo is $1.46K as on Mar 31, 2020.
Pickingo is a Delhi NCR based company providing hyperlocal delivery services for businesses. It allows users to book deliveries using its web and mobile based platform. It uses real time machine learning system to monitor demand and shift riders to areas of scarcity. Has more than 300 restaurants, groceries and pharmacies on board. Services around 3,000 deliveries per day with a delivery strength of 300 people as of Aug 2015. Founders from IIT Kanpur, IIT Delhi, Jabong, Deloitte. Pickingo has been acqui-hired by Shadowfax.
Pickingo has 5 investors. Key investors include Zomato, Shadowfax, Orios Venture Partners, Zishaan Hayath, and Abhishek Jain.
The valuation of Pickingo is $3M as of May 2015.