Slikk Club, a fast fashion delivery platform, has raised $3.2 million in seed funding led by Lightspeed, along with Multiply Ventures and other investors. The company, founded by Akshay Gulati (CEO), Om Prakash Swami (CTO), and Bipin Singh (CPO), delivers fashion in just 60 minutes, focusing on young, trend-driven shoppers.
With this funding, Slikk Club plans to expand in Bengaluru, grow its team, and open more dark stores. Over the next five years, it aims to reach more cities and expand into lifestyle categories like footwear and beauty, making last-minute fashion shopping easy and instant for everyone.
What is Slikk Club?
Slikk Club is a quick-commerce fashion platform that delivers clothing and accessories within 60 minutes. It caters to young, trend-driven shoppers, including college students and professionals who make impulse fashion purchases influenced by social media.
Founded by Akshay Gulati (CEO), Om Prakash Swami (CTO), and Bipin Singh (CPO), the company operates in Bengaluru and is expanding rapidly. It offers a “Try & Buy” model, instant refunds, and a seamless shopping experience, eliminating long wait times typical of online fashion shopping.
With a portfolio of 80+ brands like Snitch, The Souled Store, and Bewakoof, Slikk Club aims to redefine convenience in fashion e-commerce.
Why is This Funding Significant?
This $3.2 million seed funding is a major milestone for Slikk Club, enabling it to expand operations and strengthen its leadership team. The company plans to build more dark stores in Bengaluru, covering 80% of the city’s pincodes, ensuring faster and more efficient deliveries.
The investment will help Slikk Club scale its technology, category management, operations, and supply chain, improving overall efficiency. Over the next five years, it aims to expand into Tier I and Tier II cities, bringing 60-minute fashion delivery to a wider audience. The funding also supports diversification into lifestyle categories like footwear, beauty, and home decor, increasing its market potential.
By leveraging AI and machine learning, Slikk Club will optimize inventory, predict demand, and enhance customer experience. This funding reflects strong investor confidence in Slikk Club’s quick-commerce model and its potential to reshape fashion e-commerce.
How Will the Funds Be Used?
The $3.2 million funding will be used to expand operations, enhance technology, and scale Slikk Club’s quick-commerce fashion model. A major portion of the funds will go into building more dark stores in Bengaluru, covering 80% of the city’s pincodes for faster deliveries.
The company also plans to strengthen its leadership team by hiring experts in technology, category management, operations, and supply chain to streamline processes. Additionally, the investment will support expansion into Tier I and Tier II cities over the next five years. Slikk Club will also diversify into new lifestyle categories like footwear, beauty, and home decor, enhancing its product offerings.
To improve customer experience, the company will leverage AI and machine learning for demand forecasting and inventory management, ensuring efficient fulfilment and seamless shopping.
Founders’ Perspective
The founders of Slikk Club—Akshay Gulati (CEO), Om Prakash Swami (CTO), and Bipin Singh (CPO)—envision transforming fashion shopping into an instant, effortless experience. They believe that the impulse-driven nature of fashion aligns perfectly with quick commerce.
With strong investor backing, the founders are confident in disrupting the fashion e-commerce space by combining speed, technology, and consumer convenience.
Key Takeaways
- $3.2 Million Seed Funding – Slikk Club secured funding led by Lightspeed, with support from Multiply Ventures and angel investors to scale its operations.
- Expansion in Bengaluru – The company plans to build more dark stores to cover 80% of the city’s pincodes, ensuring faster and more efficient deliveries.
- Scaling Across India – Over the next five years, Slikk Club aims to expand into Tier I and Tier II cities, bringing 60-minute fashion delivery to a broader audience.
- Diversification into Lifestyle Categories – Beyond fashion, Slikk Club plans to enter new categories like footwear, beauty, home decor, and personal care.
- AI-Driven Inventory Management – The company leverages machine learning to predict demand, optimize stock, and reduce wait times for customers.
Join Aman Raj & Gaurav in an exclusive discussion on Evahan’s rapid growth. Watch now! 👇
Conclusion
Slikk Club’s $3.2 million seed funding marks a significant step in its journey to revolutionize fashion quick commerce. With plans to expand across Bengaluru and enter Tier I and Tier II cities, the company aims to bring 60-minute fashion delivery to a larger audience. It also plans to diversify into lifestyle categories like footwear, beauty, and home decor.
By leveraging AI-driven inventory management, Slikk Club is set to enhance efficiency and customer experience. With strong investor backing and a vision for seamless, instant fashion shopping, the company is well-positioned for rapid growth and long-term success in the industry.
Experience Fashion in 60 Minutes! Shop your favourite trends now with Slikk Club’s ultra-fast delivery.
