Slikk Club raises $3.2 million in funding round led by Lightspeed

Slikk Club, a fashion delivery platform has raised $3.2 million (Rs 28 crore) in an all-equity seed funding round led by Lightspeed.

Multiply Ventures, existing investors, and angel investors including Abhishek Goyal, Abhinav Pathak, Madhav Tandan, Nikhil and Saurabh Gupta also participated in the funding round.

The company will utilise the funds to scale operations in Bangalore and strengthen its leadership team across categories.

Slikk Club is also planning to diversify its product offerings and enter new cities to reach a wider audience across the country.

Commenting on the funding, Akshay Gulati, CEO co-founder of Slikk Club in a statement said, “This funding is a major step forward in our mission to bring 60-minute fashion delivery to more shoppers, scale our presence in Bangalore, and expand into new lifestyle categories. We’re excited to partner with Lightspeed and our investors, who believe in our vision of making last-minute fashion a seamless, delightful experience.”

Rahul Taneja, partner at Lightspeed added, “The team at Slikk has thoughtfully created a platform that delivers delight to customers, from sharply curated styles to better merchandising to deliveries and returns in a short time. We’re excited to partner with them on their journey ahead.”

Slikk Club claims to be India’s first quick-commerce fashion platform offering clothing and accessories within 60 minutes across Bangalore. It has a portfolio of over 80 brands, including Snitch, The Souled Store, Freakins , Uptownie , Off Duty, Bonkers, and Bewakoof.