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
*********
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Website
*********
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Social
*********
- 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
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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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
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First Round
First Round
(28 May 2015)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2015 | Amount | Seed - Pickingo | Valuation |
investors |
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| May, 2015 | Amount | Seed - Pickingo | Valuation | Orios Venture Partners |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital firm focused on early-stage investments
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Founded Year | Domain | Location | |
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Online platform food ordering and delivery service
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Founded Year | Domain | Location | |
|
ZH
Zishaan Hayath |
Founder of Toppr, active angel investor in Indian startups
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Pickingo
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Pickingo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Pickingo Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Shared dark store and delivery solutions are provided for e-commerce.
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| domain | founded_year | HQ Location |
Hyperlocal on-demand delivery services are facilitated via web platform.
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| domain | founded_year | HQ Location |
Tech-enabled last-mile delivery for food, groceries, and medicines is provided.
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| domain | founded_year | HQ Location |
Hyper-local delivery management platform is provided for logistics operations.
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| domain | founded_year | HQ Location |
On-demand food delivery is facilitated from nearby restaurants by Runnr.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Pickingo
Frequently Asked Questions about Pickingo
When was Pickingo founded?
Pickingo was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is Pickingo located?
Pickingo is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Is Pickingo a funded company?
Pickingo is a funded company, having raised a total of $1.45M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.45M, raised on May 28, 2015.
How many employees does Pickingo have?
As of Apr 09, 2024, the latest employee count at Pickingo is 1.
What is the annual revenue of Pickingo?
Annual revenue of Pickingo is $1.46K as on Mar 31, 2020.
What does Pickingo do?
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.
Who are the top competitors of Pickingo?
Who are Pickingo's investors?
Pickingo has 5 investors. Key investors include Zomato, Shadowfax, Orios Venture Partners, Zishaan Hayath, and Abhishek Jain.
What is Pickingo's valuation?
The valuation of Pickingo is $3M as of May 2015.
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