Quick fashion delivery startup Slikk raises $10 Mn led by Nexus

Entrackr · 3d

Slikk, a 60-minute fashion delivery startup, has raised $10 million in its Series A round led by Nexus Venture Partners. Existing backer Lightspeed also participated in the round. The proceeds will be used to expand into new lifestyle categories, introduce instant return options, and grow its presence in additional urban pin codes. Founded by Akshay Gulati, Om Prakash Swami, and Bipin Singh, Slikk currently delivers fashion products within 60 minutes across Bengaluru. It operates a Try & Buy model, providing rapid delivery and refunds. The platform targets college students, young professionals, and urban consumers influenced by social trends. The brand features more than 80 brands, including Snitch, The Souled Store, Freakins, Uptownie, Off Duty, Bonkers, and Bewakoof. Slikk plans to expand into beauty and personal care, footwear, accessories, and wearables. The company is also preparing to implement instant returns to increase customer satisfaction and reduce friction in the buying process. "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.