Slikk Club, a rapid fashion delivery platform, has secured $3.2 million in a seed funding round led by Lightspeed. The round also saw participation from Multiply Ventures, existing investors, and prominent angel investors, including Abhishek Goyal (Tracxn), Abhinav Pathak (Perpule), Madhav Tandan, Nikhil (Panthera), and Saurabh Gupta (DST Global).
The fresh capital will be used to scale operations in Bengaluru and bolster Slikk Club’s leadership team in key areas such as technology, category management, operations, and supply chain.
Founded by Akshay Gulati (CEO), Om Prakash Swami (CTO), and Bipin Singh (CPO), Slikk Club targets young, impulse-driven shoppers, including college students, young professionals, and urban trendsetters who are highly influenced by social media trends.
Looking ahead, the company plans to expand into tier I and tier II cities over the next five years, bringing its 60-minute fashion delivery model to a broader audience. Slikk Club also aims to diversify into seven-plus lifestyle categories while leveraging advanced technology to streamline shopping, fulfillment, and returns.
Currently, the platform boasts a portfolio of over 80 brands, including Snitch, The Souled Store, Freakins, Uptownie, Off Duty, Bonkers, and Bewakoof.
Lightspeed, which led the funding round, has been actively investing in high-growth startups in India and Southeast Asia. In July 2022, it raised $500 million for its regional fund and has since backed companies such as Sarvam AI, Seekho, Zluri, Gushwork.ai, XFlow, BlueLearn, GlobalFair, and Exponent Energy.
With the growing demand for quick commerce in fashion, Slikk Club is poised to disrupt the industry by offering instant access to trending styles, catering to a fast-paced and trend-driven consumer base.
