In an impressive Series A funding round, Haapki Moms Private Limited, known as Peeko, has successfully secured ₹67.4 crore. This funding was spearheaded by Chiratae Ventures, with Stellaris Venture Partners and several angel investors also participating. Universal Legal played a crucial role in advising Peeko and its founders throughout this fundraising process.
Universal Legal provided comprehensive legal support, covering all aspects of the transaction. Their assistance included transaction structuring, drafting, and negotiating the necessary documents, as well as providing closing assistance. The legal team was led by Partner Neha Sehgal, who was supported by Senior Associate Ruchita Krishnan and Associate Noopur T.
On the investor side, JSA Advocates & Solicitors provided legal counsel to both Chiratae Ventures and Stellaris Venture Partners in their investment endeavors. The transaction from JSA’s side was led by Partner Rashi Saraf, with significant contributions from Principal Associate Riya Gupta and Associates Yash Borana and Nehal Kharyal.
Peeko, a forward-thinking startup based in Bengaluru, specializes in the rapid delivery of baby care essentials. With this new infusion of capital, the company plans to expand its operations to new cities, further enhancing its service reach and capacity.
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