Slikk Raises US$ 3.2M To Revolutionize India’s Quick-Commerce Fashion Market
Slikk, India’s first 60-minute fashion delivery platform, has raised US$ 3.2 million in an all-equity seed funding round led by Lightspeed, with participation from Multiply Ventures, existing investors, and prominent angel investors, including Abhishek Goyal (Tracxn), Abhinav Pathak (Perpule), Madhav Tandan, Nikhil (Panthera), and Saurabh Gupta (DST Global).
The funding will accelerate Slikk’s expansion in Bangalore, making 80% of the city’s pincodes serviceable through multiple dark stores. The company also plans to strengthen its technology, category management, operations, and supply chain teams, paving the way for future growth across Tier 1 and Tier 2 cities.
Slikk is transforming fashion e-commerce with its Try & Buy model, instant refunds, and rapid delivery, offering shoppers a seamless, hassle-free experience. The company aims to expand into seven-plus lifestyle categories while leveraging technology to optimize shopping, fulfillment, and returns.
“At Slikk, we set out to make fashion as instant and effortless as the impulse to shop,” said Akshay Gulati, CEO & Co-Founder of Slikk. “This funding marks a major milestone in our journey to scale operations, expand into new categories, and bring 60-minute fashion delivery to a wider audience.”
With a curated selection of 80+ brands, including Snitch, The Souled Store, Freakins, Uptownie, Off Duty, Bonkers, and Bewakoof, Slikk is positioning itself as the go-to platform for last-minute fashion needs.
Rahul Taneja, Partner at Lightspeed, emphasized that shopping expectations are evolving, stating, “Slikk isn’t just about speed—it’s about delivering an enjoyable shopping experience with curated styles, seamless merchandising, and instant returns. We’re excited to partner with them on this journey.”
Slikk is experiencing rapid month-on-month growth, catering to a dynamic audience of young, impulse-driven shoppers, including college students, professionals, and urban trendsetters influenced by social media. With India’s fashion market valued at $11 billion and the beauty and personal care market surpassing US$ 34 billion, Slikk is well-positioned to lead the hyperlocal, fast-fashion revolution in India.
