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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.