Quick Fashion Platform Slikk Secures $10M Series A to Scale Across India

Quick Fashion Platform Slikk Secures $10M Series A to Scale Across India

28 May 2025

A smiling man in a black t-shirt stands in front of shelves stacked with neatly packaged items.

Akshay Gulati, Slikk Co-Founder & CEO

Slikk, 60-minute fashion delivery platform, has raised $10 million in an all-equity Series A round led by Nexus Venture Partners, with participation from existing investor Lightspeed.

The funding will be deployed to fuel Slikk’s next phase of growth, including the launch of new lifestyle categories, rollout of instant returns, and expansion into more urban pin codes.

“Slikk, since inception has delivered a high-quality customer experience through our 60-minute delivery model. Brands have been able to unlock new users at a hyperlocal level. With this new round, we intend to double down on that promise and offer a significantly wider range of products and experiences to our customers,” said Akshay Gulati, Co-Founder & CEO, Slikk.

As it scales, Slikk will diversify into categories such as beauty and personal care (BPC), footwear, accessories and wearables while extending its presence across key metros. The introduction of instant returns will further enhance its seamless shopping experience and strengthen customer trust.

Pratik Poddar, Partner at Nexus Venture Partners, said, “Having watched quick commerce reshape India’s consumer behavior, we firmly believe fashion is the definitive next frontier for digital disruption. The Slikk team’s deep category insights and strategic execution are precisely what this moment demands. We’re incredibly excited to be long-term partners in shaping this future.”

“We backed Slikk at the seed stage because their take on fashion commerce was refreshingly ahead of its time. The team built a product that truly resonates with its customers, reflected in strong retention and engagement. We are happy to double down on our investment and support Akshay and the team’s focus on newer categories and reaching a wider audience across India,” added Rahul Taneja, Partner, Lightspeed.

With India’s apparel market projected to reach $109.45bn in 2025 and the beauty and personal care segment exceeding $34 billion, Slikk is well-positioned to address the rising demand for hyperlocal fast-fashion solutions.

Founded in 2024 by Gulati, Om Prakash Swami and Bipin Singh, the vertical quick commerce startup focuses on fashion and lifestyle, offering 60-minute deliveries. It has more than 80 brands listed on the platform, including Snitch, The Souled Store, Freakins, Uptownie, Off Duty, Bonkers and Bewakoof.

Source: The Hindu Business Line

Author

Lucy, the cute female unicorn of Lucidity Insights, waving and standing in front of a purple background.

Lucy is a young unicorn passionate about responsible business practices, from Sustainability and ESG performance management to deep-dive investigations of the broad socio-political and macro-economic implications of various government and business strategies. Lucy has a knack for research, data analytics, and understanding the implications of new and disruptive technologies. Prior to becoming a tech news reporter, Lucy spent a few years working for the United Nations, researching and evaluating the socio-economic impact of various programs and the adoption of technological innovations. Lucy studied integrated engineering, and worked on converting her fuel-powered car into an electric vehicle as her final project for graduation. Lucy can still be seen driving her zero-emissions vehicle in and around Dubai, where she grew up. Lucy speaks English and Arabic, and completed her studies in Canada, where she also minored in magic powered technological solutions. Lucy specializes in sustainable development, climate tech, ESG, social impact startups, venture capital, macroeconomics and geopolitics.

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