DAAKit had earlier secured Rs 20 lakh through CCD from the SISFS Fund at AIC IIT Delhi Sonipat and won Runner-Up at Eureka 2025 in the Logistics & Supply Chain category, winning a cash prize of Rs 1 lakh.

Founded in 2024 by Chandan Ghugtyal, the startup enables brands and sellers to deliver faster while scaling sustainably with strong unit economics.

It will use the raised capital to launch 25 new dark stores across Tier-I and Tier-II cities, strengthen technology development including infrastructure, licensing, and integrations and expand the team with strategic hires such as CXO roles, VP Sales & Business Development, and operations managers for newer markets.

DAAKit is currently operational across Delhi, Gurugram, Mumbai, Bengaluru, and Kolkata, with Lucknow running as a pilot to test expansion into Tier-II and Tier-III cities.

Mitesh Shah, Co-founder, 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 further 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 & CEO, 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. Thismarkets and 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."