Pico Xpress, a quick commerce logistics startup, has raised an undisclosed amount in its re-Series A funding round from Enrission India Capital.
The funds raised will be used to enhance its technological capabilities and expand its operational footprint.
Founded in 2023 by Aniruddha Gangopadhyay and Kamal Syal, Pico Xpress is building the infrastructure for quick commerce deliveries, offering speed and efficiency for deliveries ranging from 5 minutes to 120 minutes.
Pico Xpress’s end-to-end supply chain solutions provide last-mile delivery solutions to brands across more than eight cities in India. Pico Xpress combines smart routing, real-time tracking, and automation to deliver exceptional last-mile performance.
Aniruddha Gangopadhyay, Co-Founder, Pico Xpress said, “ENRISSION INDIA CAPITAL’s investment fuels our mission to build India’s leading quick commerce logistics backbone. This capital infusion allows us to rapidly enhance our technological capabilities and expand our operational footprint, ensuring we continue to deliver essential goods with speed and precision for all our partners and customers.”
Kamal Syal, Co-Founder, Pico Xpress, said, “Our goal is to create a seamless and highly efficient quick commerce delivery experience. With ENRISSION INDIA CAPITAL’s support, we are well-positioned to continue innovating and setting new benchmarks in the logistics industry, ensuring reliability and speed for every delivery.”
Harsh Deodhar, Principal, Enrission India Capital said, “Pico Xpress is at the forefront of India’s quick commerce revolution. We believe this investment will help fuel Pico Xpress’s mission to deliver essentials to customers’ doorsteps in record time and achieve a significant leap in redefining the future of convenience retail. At ENRISSION INDIA CAPITAL, we are excited to support their mission to build India’s Quick Commerce logistics backbone, one delivery at a time.”
