Bengaluru-based Slikk Club is a fashion quick-commerce startup. The company has raised USD 3.2 million (~ INR 27.7 crore) in a seed funding round led by Lightspeed, with participation from Multiply Ventures and several angel investors including Abhishek Goyal (Tracxn), Abhinav Pathak (Perpule), Madhav Tandan, Nikhil (Panthera) and Saurabh Gupta (DST Global). This funding will be used to scale the company, diversify offerings and expand in the growing fashion delivery market.
Utilization of Funds
The new funds will be primarily used to scale Bengaluru operations. The company is eyeing expansion to 80% of city’s pin codes by setting up multiple dark stores. Slikk Club’s quick delivery service will be further strengthened by building leadership in areas of technology, category management, operations and supply chain.
In addition to scaling Bengaluru, Slikk Club plans to expand to Tier 1 and Tier 2 cities in India over the next 5 years. The company will also diversify its product offerings which is currently focused on Western wear by adding new categories like ethnic wear, footwear, beauty and personal care, accessories, wearables, luggage and backpacks.
60-Minute Fashion Delivery Model
Slikk Club runs on quick-commerce model, 60-minute fashion delivery, offering young and impulse driven shoppers a seamless shopping experience. Founded in 2024 by Akshay Gulati (CEO), Om Prakash Swami (CTO) and Bipin Singh (CPO), the platform has already partnered with over 80 brands including Snitch, The Souled Store, Freakins, Uptownie, Off Duty, Bonkers and Bewakoof. By offering rapid deliveries and instant returns, Slikk Club has tapped into the trend of fast fashion shopping.
This 60-minute delivery model addresses the growing need for immediate access to trendy fashion items. Customers can shop for clothing, accessories and more, get it delivered in an hour and return if they want, making the entire shopping process more convenient than ever before.
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Market Growth and Plans
With this funding Slikk Club plans to open 3 more dark stores by September 2025 to scale up its Bengaluru operations. Long term plan is to expand to Mumbai and Delhi-NCR, go wider and reach Tier 1 and Tier 2 cities in the next 5 years.
Another positive is repeat business. Many customers are making impulse buys because of the convenience of fast delivery and easy returns. The company feels this shift in consumer behavior is because of increasing demand for instant gratification in fashion shopping driven by social media.
Quick Commerce Trend and Fashion Challenges
Quick commerce has seen a huge demand surge, with platforms moving from offering only daily essentials and groceries to now offering electronics, lifestyle products and even fashion. Slikk Club is at the forefront of this trend, solving the specific challenges faced by fashion ecommerce platforms particularly around returns and refunds. Fashion is one of the highest return categories in ecommerce and the platform has integrated instant refunds into its service offering to make the entire process smoother and consumer friendly.
Rahul Taneja, Partner at Lightspeed, commenting on the funding said “The team at Slikk has created a platform that delivers delight to customers, from curated styles to better merchandising, delivery and returns in a short time. It’s beyond speed; it’s about having a good time shopping.”
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Growing Fashion Market
India’s fashion market is USD 11 billion (~INR 95,219 crore) and growing, beauty and personal care is USD 34 billion (~INR 2.94 lakh crore). With this growth in fashion and lifestyle space Slikk Club is well positioned to capitalize on the increasing need for hyperlocal, fast fashion solutions. As more and more consumers are looking for quick impulse driven shopping experience Slikk Club’s ability to meet this demand will further solidify its position in the market.
Slikk Club’s funding journey, which began with a pre-seed round in September 2024 where the company raised USD 3 million (~INR 27 crore), marks an exciting next step as it seeks to redefine the fashion ecommerce experience with speed, convenience, and an extensive product range.
Conclusion
With its fresh round of funding, Slikk Club is poised for substantial growth in the Indian fashion delivery market. The company’s strategy to scale its operations, diversify its product offerings, and expand its presence across multiple cities aligns with the increasing consumer demand for quick, convenient fashion shopping experiences. As the quick-commerce model continues to evolve, Slikk Club’s innovative approach to 60-minute fashion delivery is setting a new standard for ecommerce in India.
By focusing on providing speed, convenience, and an enjoyable shopping experience, Slikk Club is redefining the way customers shop for fashion in India, and it’s just getting started.