Fashion Delivery Platform Slikk Club Raises $3.2 Mn Funding Led By Lightspeed

Slikk Club, a 60-minute fashion delivery platform, has raised $3.2 million in its seed funding round led by Lightspeed. 

Multiply Ventures, existing investors, and notable angel investors, including Abhishek Goyal (Tracxn), Abhinav Pathak (Perpule), Madhav Tandan, Nikhil (Panthera) and Saurabh Gupta (DST Global) also participated in this round.

The startup will use the new funds to grow its business in Bengaluru, covering 80% of the city's areas with several dark stores. It will also focus on improving its technology, category management, operations and supply chain.

In the next five years, the company plans to expand to major cities, offer 60-minute fashion delivery to more customers and add over seven new lifestyle categories.

Read also- Agritech Startup Otipy Raises $2 Mn In Venture Debt From Nuvama

“Until now, we were offering western wear. With this round, we’re moving to much larger dark stores and expanding into categories such as ethnic wear, footwear, beauty and personal care (BPC), accessories and wearables, luggage, backpacks and more,” said Akshay Gulati, CEO and Co-founder, Slikk Club.

“This funding is a major step forward in our mission to bring 60-minute fashion delivery to more shoppers, scale our presence in Bangalore, and expand into new lifestyle categories. We’re excited to partner with Lightspeed and our investors, who believe in our vision of making last-minute fashion a seamless, delightful experience,” he added.

Rahul Taneja, partner, Lightspeed said, “How we shop is changing every day and so are our expectations from shopping destinations. The team at Slikk has thoughtfully created a platform that delivers delight to customers, from sharply curated styles to better merchandising to deliveries and returns in a short time.”

About Slikk Club

Founded in 2024 by Akshay Gulati (CEO), Om Prakash Swami (CTO) and Bipin Singh (CPO), the Bengaluru-based Slikk Club is a fast fashion platform that delivers clothes and accessories within 60 minutes in Bengaluru. With its Try & Buy model, instant refunds, and smooth shopping experience, it removes long wait times and makes shopping more convenient.

The platform offers a handpicked selection from over 80 brands like Snitch, The Souled Store, Freakins and Bewakoof, targeting young shoppers who are influenced by social media trends.

Startup Funding News: Your Gateway to Every Funding Update.

Latest Startup News: Stay updated with the latest startup news and trends. Your go-to source for startup ecosystem updates.

Startup Stories: Discover inspiring tales of startups overcoming challenges and achieving success.