MUMBAI: Enrission India Capital has placed a high-speed bet on the future of convenience, investing in the pre-series A round of logistics disruptor Pico Xpress, a next-gen player reshaping India’s quick commerce backbone with lightning-fast deliveries between 5 and 120 minutes.
Founded by Aniruddha Gangopadhyay and Kamal Syal, Pico Xpress operates across eight Indian cities and is racing ahead by building scalable, trustworthy infrastructure designed for repeat precision - a key task in the cut-throat world of instant retail.
Enrission India Capital principal Harsh Deodhar 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."
The fresh infusion will help the startup accelerate rollout, deepen its tech stack, and redefine last-mile logistics as India’s Q-commerce market matures. In the race to deliver everything now, Pico is building the rails.
Gangopadhyay 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."
Pico Xpress co-founder Kamal Syal added, "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."