Slikk, a quick commerce fashion startup based in Bengaluru, has secured $10 million in Series A funding. The all-equity round was led by Nexus Venture Partners, with continued support from existing investor Lightspeed.
Slikk will use the fresh capital to broaden its product offerings and expand into new markets, reinforcing its commitment to 60-minute fashion delivery.
The new funding will enable the fashion startup to expand into related lifestyle segments like beauty and personal care (BPC), footwear, accessories, and wearables — categories the company sees as prime for quick-commerce transformation.
Slikk will introduce instant returns to minimize online shopping friction and build stronger customer trust. The investment will further support the fashion startup’s logistics growth in major urban areas, along with upgrades to its warehouse and dark store infrastructure, and technological advancements to boost personalization, product discovery, and delivery speed.
According to co-founder and CEO Akshay Gulati, the funding round will allow Slikk to offer a “wider range of products and experiences” while helping partner brands connect with hyperlocal consumers.
Slikk’s approach combines curated fashion with a Try & Buy option and instant refunds — consequently, offering a service tailored for digitally native Gen Z and young millennial shoppers who, similarly, expect the same rapid delivery experience in fashion as they do in food and groceries.
Slikk is currently active in Bangalore, where it delivers fashion and accessories within 60 minutes. Its core user base includes college students, young professionals, and socially engaged urban shoppers influenced by digital trends.
The latest funding round reflects rising investor interest in category-specific quick commerce, as attention shifts from essentials and food & beverage to higher-margin segments like fashion and beauty.
In March 2025, Slikk raised $3.2 million in seed funding, led by Lightspeed. That round also included backing from Multiply Ventures, existing investors, and notable angel investors such as Abhishek Goyal (Tracxn), Abhinav Pathak (Perpule), Madhav Tandan, Nikhil (Panthera), and Saurabh Gupta (DST Global). Earlier, in September 2024, the company had secured $300,000 in a pre-seed round led by Better Capital.
“Having watched quick commerce reshape India’s consumer behavior, we believe fashion is the next frontier,” said Pratik Poddar, Partner at Nexus Venture Partners. “The Slikk team’s strategic execution and deep category understanding are well-suited to lead this shift.”
Lightspeed, which had invested in Slikk at the seed stage, has doubled down in this round. “The team built a product that resonates with its customers, reflected in strong retention and engagement,” said Rahul Taneja, Partner at Lightspeed.
Slikk’s move into beauty and accessories places it in direct competition with both established fashion e-commerce platforms and newer quick-delivery startups. The brand is strategically positioning itself to meet the intersection of convenience and trend-led demand, bringing together fashion, speed, and user experience.
Industry forecasts project that India’s apparel market will reach $109 billion in 2025, while the beauty and personal care (BPC) segment will exceed $34 billion. Within these rapidly growing sectors, Slikk aims to establish a distinct presence by tapping into the rising demand for hyperlocal fulfillment and instant consumption.
Akshay Gulati (formerly with Delhivery and Nearbuy), Om Prakash Swami (CTO), and Bipin Singh (CPO) founded the startup, bringing deep experience in building consumer technology and logistics-driven platforms.
