DAAKit raises $138,000 pre-seed round led by Inflection Ventures

Hyperlocal fulfilment and last-mile logistics startup DAAKit has raised $138,000 in a pre-seed funding round led by Inflection Point Ventures, with plans to use the funds to expand its network, strengthen technology, and grow its team.

The company said it will deploy the capital towards business growth, including launching 25 new dark stores across Tier I and Tier II cities. It also plans to invest in technology development such as infrastructure, licensing and integrations, and hire senior talent including CXO roles, a Vice President for Sales and Business Development, and operations managers for new markets.

DAAKit is currently operational in Delhi, Gurugram, Mumbai, Bangalore and Kolkata, while Lucknow is being used as a pilot location to test expansion into Tier II and Tier III cities. Earlier, the company secured ₹20 lakh through CCD from the SISFS Fund at AIC IIT Delhi Sonipat and was named runner-up at Eureka 2025 in the logistics and supply chain category, winning a cash prize of ₹1 lakh.

Mitesh Shah, Co-founder of Inflection Point Ventures, said, “DAAKit has demonstrated an impressive growth trajectory, turning profitable early while maintaining double-digit EBITDA and growing 15-20% every month in orders and revenue. Its asset-light model, backed by a strong partner network, has enabled reliable and fast expansion across cities, thus setting a new benchmark in India logistic infrastructure.”

He added, “What DAAKit is building is not just another delivery service. The focus has always been on the infrastructure layer, dark stores, fulfilment networks, last-mile reach, and that is what makes it hard to copy.”

Chandan Singh Ghugtyal, Founder and CEO of DAAKit, said, “IPV’s conviction in DAAKit reinforces our belief that the next phase of commerce will be powered by strong hyperlocal infrastructure, not just faster delivery. From day one, our focus has been on building a capital-efficient, profitable business while solving real last-mile challenges for brands and sellers. This allows us to double down on technology, expand responsibly across new markets, and build a network that scales with discipline. Our goal is simple: to make fast, reliable fulfilment accessible to every growing business in India.”

Built on a technology-driven, asset-light model, DAAKit enables brands and sellers to decentralise inventory and position stock closer to customers, reducing delivery timelines while maintaining strong unit economics. Since inception, the company has reported consistent 15-20% growth in order volumes and revenue, while maintaining double-digit EBITDA.

DAAKit fulfils thousands of orders daily through its network of fulfilment centres, translating into significant monthly volumes. With the launch of its Lucknow pilot warehouse, the company expects a surge in operations and is targeting nearly half a million orders per month across its network in the near future.

The company was founded by Chandan Singh Ghugtyal, who brings 12 years of experience across e-commerce, warehousing, third-party logistics and quick commerce. The platform is built around dark stores, hyperlocal fulfilment and AI-driven logistics.

Inflection Point Ventures, which led the round, has invested more than ₹1,200 crore across over 280 startups to date, including 16 investments in the first quarter of 2026.

India’s logistics sector is valued at over $250 billion but continues to face inefficiencies, with logistics costs accounting for nearly 14% of GDP and more than 12 million small and medium-sized businesses lacking access to reliable fulfilment services.