Pickkup Raises $500,000 In Seed Round Led by We Founder Circle

"Our vision is clear: to build a sustainable, tech-driven logistics ecosystem that maximizes fleet utilization while minimizing environmental impact. With this funding, we aim to optimize cross-utilization of our electric vehicles, ensuring they are operational for the maximum number of hours daily—a move that leverages the low operating costs of EVs for enhanced efficiency and affordability," said Ankush Sharma, co-founder and CEO, Pickkup.io.

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The funding has strengthened Pickkup’s war-chest required for enhancing the fleet. The funds will be strategically utilised to expand Pickkup’s electric fleet, enhance its team, and invest in advanced technology to bolster logistics efficiency.

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

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Founded on the principles of sustainability and innovation by Ankush Sharma (CEO), Chandra Shekhar (CTO), Upma Sharma (COO) in Chandigarh, Pickkup is deploying a 100% electric fleet, integrating technology to improve delivery efficiency, and contributing to decarbonization efforts.