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Apparel, Fashion & Retail | E-commerce

Slikk Secures $3.2M to Expand 60-Minute Fashion Delivery

Published: March 18, 2025
Author: TEXTILE VALUE CHAIN

Slikk, India’s pioneering 60-minute fashion delivery platform, has secured $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 utilized to scale operations in Bangalore, expanding service coverage to 80% of the city’s pincodes through multiple dark stores. The company will also strengthen its leadership team across technology, category management, operations, and supply chain.

Expansion & Innovation in Quick-Commerce Fashion

Slikk is set to expand into Tier 1 and Tier 2 cities over the next five years, making 60-minute fashion delivery accessible to a wider audience. The company also plans to diversify into seven-plus lifestyle categories, leveraging advanced technology for seamless shopping, fulfillment, and returns. With its Try & Buy model, instant refunds, and rapid delivery, Slikk is redefining the fashion e-commerce landscape.

Akshay Gulati, CEO & Co-Founder, Slikk Club

Akshay Gulati, CEO & Co-Founder, Slikk

“At Slikk , our mission is to make fashion as instant and effortless as an impulse to shop,” said Akshay Gulati, CEO & Co-Founder of Slikk.
“This funding is a major milestone in expanding our presence in Bangalore, growing into new lifestyle categories, and bringing 60-minute fashion delivery to more shoppers. We are thrilled to have Lightspeed and our investors supporting our vision of making last-minute fashion a seamless experience.”

Setting New Standards in Fashion E-Commerce

Beyond speed, Slikk offers a seamless, full-stack shopping experience with curated selections, instant deliveries, and hassle-free returns. The company is also introducing instant returns and refunds, a first in the industry, making shopping more convenient than ever.

With a portfolio of 80+ brands, including Snitch, The Souled Store, Freakins, Uptownie, Off Duty, Bonkers, and Bewakoof, Slikk is establishing itself as the ultimate destination for last-minute fashion needs.

Investor Confidence & Market Potential

Rahul Taneja, Partner at Lightspeed, commented:
“The way people shop is evolving, and expectations from shopping platforms are higher than ever. The Slikk team has created a customer-centric platform that offers curated styles, superior merchandising, and seamless deliveries and returns—all in record time. This is more than just speed; it’s about delivering a superior shopping experience. We are excited to partner with them on this journey.”

Since its inception, Slikk has witnessed exponential growth, doubling its scale month on month. It caters to a young, trend-driven audience, including college students, young professionals, and urban shoppers influenced by social media trends.

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 demand for hyperlocal, fast-fashion solutions.

About Slikk 

Founded by Akshay Gulati (CEO), Om Prakash Swami (CTO), and Bipin Singh (CPO), Slikk is India’s first quick-commerce fashion platform, delivering clothing and accessories within 60 minutes across Bangalore. Designed for instant fashion needs, the platform eliminates long wait times, offering a seamless Try & Buy model and hassle-free shopping experience.

🔗 Visit us at: www.slikk.club

About Lightspeed

Lightspeed is a global, multi-stage venture capital firm focused on accelerating disruptive innovations in Enterprise, Consumer, Health, and Fintech sectors. With over $25 billion in assets under management, Lightspeed has backed industry leaders like Razorpay, Zepto, Physics Wallah, Affirm, Snap, and OYO Rooms. The firm operates across the U.S., Europe, India, Israel, and Southeast Asia.

🔗 Learn more at: www.lsip.com

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