Slikk Raises $10M Series A to Expand Bengaluru Quick-Fashion Service
Bengaluru-based quick commerce startup will use new funding to deepen its urban footprint, broaden lifestyle offerings, pilot instant returns, launch new dark stores.
Overview
- Slikk closed a $10 million Series A round led by Nexus Venture Partners with participation from Lightspeed.
- The startup plans to introduce instant returns and enter lifestyle categories such as home decor, luggage and backpacks.
- Two new dark stores will be established in Bengaluru within the next 45 days to support its 60-minute delivery model.
- Founded in 2024 by Akshay Gulati, Om Prakash Swami and Bipin Singh, Slikk has onboarded 150 brands and aims for 500 by the end of 2025.
- It joins competitors like Myntra’s M-Now and Nykaa Now as India’s quick-commerce market is projected to reach $40 billion by 2030.