When was PIQYU founded?

PIQYU was founded in 2019 and raised its 1st funding round 3 years after it was founded.

Where is PIQYU located?

PIQYU is headquartered in Hyderabad, India. It is registered at F NO 301, P NO 241, VVG ELITE, KAVURI HILLS, G B PET, Jubilee Hills, Hyderabad, Shaikpet, Telangana, India, 500033.

Which legal entities is PIQYU associated with?

PIQYU is associated with Quiqup Innovations Private Limited.

How many employees does PIQYU have?

As of Jun 30, 2026, the latest employee count at PIQYU is 29.

Is PIQYU a funded company?

PIQYU is a funded company, having raised a total of $350K across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on May 02, 2022.

How much is PIQYU worth?

The latest valuation of PIQYU is $***** as of Jul 06, 2024.

When was the latest funding round of PIQYU?

PIQYU's latest funding was a $***** Angel round on Jul 06, 2024, with participation from 0 investor. Its primary sector is E-Commerce Enablers. In India, the E-Commerce Enablers sector has seen $77.9M in funding in 2026 to date.

What is the annual revenue of PIQYU?

Annual revenue of PIQYU is between ₹10 Cr and ₹50 Cr as on Mar 31, 2024

Where does PIQYU rank among its competitors?

PIQYU ranks 122nd amongst 1067 active competitors, of which 170 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was QuickShift, which secured $2.48M in Oct, 2025.

Who are the top competitors of PIQYU?

PIQYU's top competitors include Delhivery, Shadowfax and Cainiao. Among them, QuickShift secured the most recent funding round in October, 2025.

PIQYU - 2026 Company Profile, Team, Funding, Competitors & Financials

PIQYU is a seed company based in Hyderabad (India), founded in 2019 by Sundeep Manchala and Prashanth Reddy. It operates as an Offers web-enabled 3PL services. PIQYU has raised $350K in funding from MiraiNxt and Nxt Discovery Fund, with a current valuation of $*****. The company has 1067 active competitors, including 170 funded and 107 that have exited. Its top competitors include companies like Delhivery, Shadowfax and Cainiao.

Company Details

Offers web-enabled 3PL services. The platform offers web-based hyperlocal delivery management solutions for business operators. It includes a dashboard for monitoring and tracking shipments. Features include e-commerce logistics, inventory management, warehousing, fulfillment, mid-mile, last mile deliveries.

Website: piqyu.com
Social
Registered Address: F NO 301, P NO 241, VVG ELITE, KAVURI HILLS, G B PET, Jubilee Hills, Hyderabad, Shaikpet, Telangana, India, 500033

Key Metrics

Founded Year

2019

Location

Hyderabad, India

Stage

Seed

Total Funding

$350K in 3 rounds

Latest Funding Round

Angel, Jul 06, 2024, $*****

Post Money Valuation

$***** as on Jul 06, 2024

Investors

MiraiNxt & 2 more

Ranked

122^nd among 1067 active competitors

Annual Revenue

₹10 - ₹50 Cr as on Mar 31, 2024

Employee Count

29 as on Jun 30, 2026

Similar Companies

Arvato & 241 more

View PIQYU's full profile

PIQYU is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Quiqup Innovations Private Limited CIN: U86905TG2021PTC148618 , India, Active	Feb 11, 2021	₹10 - ₹50 Cr (As on Mar 31, 2024)	74 (As on Jun 30, 2023)

PIQYU has raised a total funding of $350K over 3 rounds. Its first funding round was on May 02, 2022. PIQYU has 3 institutional investors.

Here is the list of recent funding rounds of PIQYU:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 06, 2024	5531828	Angel	5389848	7166184	2511116	8734689
Aug 08, 2023	2307390	Seed	9840648	2753632	6434151	8684558
May 02, 2022	7337433	Seed	7517282	2438007	1775324	2727412

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View details of PIQYU's funding rounds and investors

The founders of PIQYU are Sundeep Manchala and Prashanth Reddy.

Here are the details of PIQYU's key team members:

Sundeep Manchala: Co-Founder of PIQYU. They serve on the board of 1 company.
Contact Info: 1 email address
Prashanth Reddy: Co-Founder of PIQYU. They serve on the board of 1 company.
Contact Info: 1 email address

PIQYU's Board of Directors

PIQYU's board has 3 active members. Sundeep Manchala and Prashanth Reddy are part of team and Chethan Kumar Chakravarthula is independent board member.

Here is the list of PIQYU's board of directors:

Name	Type	Representing	Status	Duration
Sundeep Manchala	Team	-	Current	5y 6m
Prashanth Reddy	Team	-	Current	5y 6m
Chethan Kumar Chakravarthula	Independent board member	-	Current	5y 6m

View details of PIQYU's Founder profiles and Board Members

PIQYU's employee count trend

PIQYU has 29 employees as of Jun 26. Here is PIQYU's employee count trend over the years:

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Top competitors of PIQYU include Delhivery, Shadowfax and Cainiao. Here is the list of Top 10 competitors of PIQYU, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Delhivery 2011, Gurugram (India), Public	Platform offering end-to-end parcel delivery, warehousing, cross-border, and fulfillment services	$1.25B	Fidelity Investments, GIC & 38 others	87/100
2nd	Shadowfax 2015, Bengaluru (India), Public	Logistics solutions for express deliveries	$247M	Flipkart, Eight Roads Ventures & 32 others	83/100
3rd	Cainiao 2013, Hangzhou (China), Acquired	Tech-enabled end-to-end delivery service provider	$290M	Khazanah Nasional Berhad, GIC & 6 others	76/100
4th	LoadShare 2017, Bengaluru (India), Series C	Provider of end-to-end logistics delivery services	$65M	Tiger Global Management, Stellaris & 33 others	72/100
5th	Ninja Van 2014, Singapore (Singapore), Series E	App-based platform providing last-mile B2C delivery services	$1.1B	Monk's Hill Ventures, GeoPost & 35 others	72/100
6th	XpressBees 2015, Pune (India), Series G	Provider of end-to-end logistics delivery and courier solutions	$356M	Elevation Capital, Alibaba Group & 32 others	70/100
7th	Veeqo 2012, Swansea (United Kingdom), Acquired	Provider of multichannel ecommerce shipping software with order and inventory management	$11.5M	Octopus Investments, Messebauer & 7 others	70/100
8th	MetaPack 1999, London (United Kingdom), Acquired	Provider of e-commerce shipping software	$58.6M	Index Ventures, GP Bullhound & 2 others	67/100
9th	Veho 2016, Boulder (United States), Series B	AI-enable last-mile delivery services for e-commerce companies	$300M	Tiger Global Management, SoftBank Vision Fund ... & 15 others	66/100
10th	QuickShift 2016, Pune (India), Seed	Platform offering ecommerce fulfillment enablers	$4.86M	Anicut Capital, Lead Angels & 13 others	65/100
122nd	PIQYU 2019, Hyderabad (India), Seed	Offers web-enabled 3PL services	$350K	MiraiNxt, Kofounderz Team & 1 others	42/100

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Founders (largest shareholder) own 77.07%, Funds own 5.43%, Enterprises own 4.40% and Other Investors own 13.12%. The net worth of PIQYU's founders is INR 71.3Cr as of Jul 06, 2024.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	77.07%	71.3Cr	2644983	3809590	6364580	5407217
Sundeep Manchala	3413106	4174188	9581071	3762782	9168768	2674278
Prashanth Reddy	8171952	3239066	5489803	7221336	7297292	9095051
Fund	5.43%	5.02Cr	68895	10852	76497	87430
MiraiNxt	63123	63096	62353	24799	43774	97597
Enterprise	4.40%	4.07Cr	4538	4900	1738	2226
Other Investors	13.12%	12.1Cr	9405794	8254540	9730408	2079364
Total	100.00%	92.5Cr	3281712	9066414	9141424	2703493