Slikk raises $3.2 mn to transform India’s quick-commerce fashion space
The funding will drive Slikk’s operational expansion while enhancing its leadership team across various categories.
Slikk, India’s first 60-minute fashion delivery platform, has raised $3.2 million in an all-equity seed funding round led by Lightspeed, with participation from Multiply Ventures, existing investors, and notable angel investors including Abhishek Goyal (Tracxn), Abhinav Pathak (Perpule), Madhav Tandan, Nikhil (Panthera) and Saurabh Gupta (DST Global). The fresh capital will be utilised to scale operations in Bangalore, making 80 per cent of the city’s pincodes serviceable through multiple dark stores. The company will also strengthen its leadership team across technology, category management, operations, and supply chain.
Slikk plans to expand across Tier 1 and Tier 2 cities over the next five years, bringing 60-minute fashion delivery to a wider audience. It also aims to diversify into seven-plus lifestyle categories while leveraging advanced technology for seamless shopping, fulfillment, and returns. With its Try & Buy model, instant refunds, and rapid delivery, Slikk is reshaping fashion e-commerce. This funding round marks a key milestone in solidifying its leadership in India’s fast-fashion market.
“At Slikk, we set out to change the way people experience fashion—making style as instant and effortless as their impulse to shop,” said Akshay Gulati, CEO & Co-Founder, Slikk. “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.”
Beyond just speed, the company offers a seamless, full-stack shopping experience with curated selections, instant deliveries, and hassle-free returns. In an industry-first move, Slikk is introducing instant returns and refunds, making fashion shopping more convenient than ever. With a robust portfolio of 80+ brands, including Snitch, The Souled Store, Freakins , Uptownie , Off Duty, Bonkers, and Bewakoof, Slikk Club is establishing itself as the ultimate destination for last-minute fashion needs.
Commenting on the investment, Rahul Taneja, Partner, Lightspeed said, “How we shop is changing everyday 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. It is beyond delivering at speed – it is about delivering that enjoyable shopping experience that customers have come to expect. We’re excited to partner with them on their journey ahead.”
Since its inception, Slikk has experienced exponential growth, doubling its scale month on month. It caters to a dynamic audience of young, impulse-driven shoppers, including college students, young professionals, and urban trendsetters heavily influenced by social media trends. Designed specifically for this demographic, the platform fulfills the growing demand for quick and trendy fashion choices. With India’s fashion market valued at $11 billion and the beauty and personal care market exceeding $34 billion, Slikk is strategically positioned to capitalize on the rising need for hyperlocal, fast-fashion solutions.
