Slikk Club, which delivers fashion in 60 minutes, gets $3.2M to expand across India's metros
Summary
The round was led by Lightspeed, with participation from Multiply Ventures, existing investors, and several angels.Quick commerce, wherein all sorts of stuff gets delivered in minutes through a web of dark stores and logistics infra, has gained massive momentum in India over the past 2-3 years. That is the opportunity that these other startups are vying for, and there is ample venture capital available to cash in on the trend.Slikk Club is among those, offering quick fashion delivery in under 60 minutes, with the likes of Lightspeed and others now backing it. The fresh capital will be utilized to scale operations in Bangalore, making 80% of the citys pincodes serviceable through multiple dark stores. Were excited to partner with Lightspeed and our investors, who believe in our vision of making last-minute fashion a seamless, delightful experience, said Akshay Gulati, CEO & Co-Founder, Slikk Club.Slikk Club plans to expand across Tier 1 and Tier 2 cities over the next five years, bringing 60-minute fashion delivery to a wider audience. It also aims to diversify into seven-plus lifestyle categories while leveraging advanced technology for seamless shopping, fulfillment, and returns.