Slikk Secures $10M Series A to Expand Fast Fashion Delivery

Slikk, India’s pioneering 60-minute fashion delivery platform, has successfully closed a $10 million Series A funding round. The investment was led by Nexus Venture Partners and supported by existing investor Lightspeed. This capital infusion will power Slikk’s ambitious plans to scale its hyperlocal e-commerce operations by launching new lifestyle product categories, offering instant returns, and increasing its urban reach.
Focused on India’s young, trend-driven consumers, Slikk has built a loyal customer base with its seamless Try & Buy service, quick refunds, and delivery promise—all within an hour. As the platform continues to gain traction, it’s preparing to broaden its portfolio to include beauty & personal care, footwear, accessories, and wearables while entering additional metro areas.
Akshay Gulati, Co-Founder & CEO, Slikk
CEO and Co-Founder Akshay Gulati emphasized the brand’s commitment to elevating customer experience through speed and variety. “We’re doubling down on hyperlocal fashion by expanding both products and reach while maintaining our high standards for convenience,” he stated.
Investors see significant potential in Slikk’s unique model. Nexus Venture Partners’ Pratik Poddar highlighted fashion as the next wave of digital disruption post-quick commerce, citing the team’s strategic focus. Meanwhile, Lightspeed’s Rahul Taneja praised Slikk’s early consumer alignment and strong retention as signs of long-term scalability.
Catering to college students, professionals, and trend-savvy urban consumers, Slikk is positioning itself at the forefront of fast fashion commerce. With India’s apparel market projected to hit $109.45 billion and BPC surpassing $34 billion in 2025, Slikk’s hyperlocal model is set to tap into these booming segments.