Slikk, a 60-minute fashion delivery platform, has raised $10 million in a Series A funding round led by Nexus Venture Partners, with participation from existing investors Lightspeed.
The fresh funds raised will be used to launch new lifestyle categories, roll out instant returns, and expand into more urban pin codes.
Earlier this year, Slikk had also announced a $300K pre-seed round led by Better Capital and $3.2 million seed funding led by Lightspeed with participation from Multiply Ventures and other angel investors.
Founded in 2024 by Akshay Gulati (CEO), Om Prakash Swami (CTO), and Bipin Singh (CPO), Slikk delivers clothing and accessories within 60 minutes across Bangalore, eliminating long wait times and making shopping seamless. With its unique Try & Buy model, Slikk offers customers a hassle-free experience, redefining convenience in Indian e-commerce.
Its unique model combines curated fashion, Try & Buy convenience, instant refunds and rapid delivery, all within 60 minutes.
As it scales, Slikk will diversify into categories such as beauty and personal care (BPC), footwear, accessories and wearables, while extending its presence across key metros. The introduction of instant returns will further enhance its seamless shopping experience and strengthen customer trust.
Slikk currently serves a dynamic audience of college students, young professionals, and urban shoppers heavily influenced by social trends.
“Slikk, since inception has delivered a high-quality customer experience through our 60-minute delivery model. Brands have been able to unlock new users at a hyperlocal level. With this new round, we intend to double down on that promise and offer a significantly wider range of products and experiences to our customers,” said Akshay Gulati, Co-Founder & CEO, Slikk.
Pratik Poddar, Partner at Nexus Venture Partners, said, “Having watched quick commerce reshape India’s consumer behavior, we firmly believe fashion is the definitive next frontier for digital disruption. The Slikk team’s deep category insights and strategic execution are precisely what this moment demands. We’re incredibly excited to be long-term partners in shaping this future.”
“We backed Slikk at the seed stage because their take on fashion commerce was refreshingly ahead of its time. The team built a product that truly resonates with its customers, reflected in strong retention and engagement. We are happy to double down on our investment and support Akshay and the team’s focus on newer categories and reaching a wider audience across India,” said Rahul Taneja, Partner, Lightspeed.
