Slikk, a cutting-edge clothing delivery app tailored for GenZ, has successfully raised $300K in its pre-seed funding round. The round was led by Better Capital and saw participation from Untitledxyz Ventures.
The startup plans to use the funds to significantly scale its operations. Key initiatives include partnering with over 100 brands, establishing a large-format dark store, and expanding its delivery coverage to 70% of Bangalore’s pin codes. Slikk also aims to extend its reach to other major metropolitan areas in India and diversify its offerings to include beauty, personal care, and home decor products.
Founded by Akshay Gulati, Slikk distinguishes itself by delivering the latest fashion trends directly to users’ doorsteps within just 60 minutes. The app is designed to keep pace with the ever-evolving fashion industry, ensuring that customers have access to fresh styles on a weekly basis.
Initially available in Bengaluru, Slikk is gearing up for expansion to other cities, capitalizing on the growing demand in the Indian apparel market. According to market research, this sector is projected to reach $105.50 billion by 2024, with the fast fashion segment expected to surge from $9.90 billion in 2023 to $28.84 billion by 2030.
