HomeInsightFUNDING NEWS- Newly Funded Startups 2024 Slikk Raises $300K Pre-Seed Funding Round from Better Capital

[Funding News] Slikk Raises $300K Pre-Seed Funding Round from Better Capital

Slikk, a 60-minute garments delivery startup, has secured $300,000 in a pre-seed funding round led by Better Capital, with Untitledxyz Ventures participating.

The obtained capital will be utilized by the startup to expand its delivery coverage to 70% of Bengaluru’s pin codes, establish a large-format dark store, and expand its offerings to over 100 brands.

Slikk’s objective is to transform the fast fashion industry by providing 60-minute deliveries, with a particular emphasis on Gen Z and young millennials, who are renowned for their impulsive purchasing behaviors.

Read also – VentureSoul Partners Launches Rs 600 Cr Inaugural Fund

Slikk intends to broaden its product line to encompass beauty, personal care, and home décor, in addition to clothing, in order to cater to the more comprehensive lifestyle requirements of its target audience. Additionally, it intends to broaden its operations to include additional metropolitan cities throughout the nation.

Akshay Gulati, founder, Slikk, said: “GenZs and young millennials today are extremely impulsive shoppers and the biggest TG for fast fashion brands. This impulse is driven by high frequency refreshment of trends/designs and faster delivery,”

About Slikk

Founded in 2024 by Akshay Gulati, Slikk delivers fresh styles daily, allowing users to explore the latest trends frequently. 

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