
- Funding round also saw participation from Multiply Ventures, existing investors, and notable angel investors including Abhishek Goyal (Tracxn), Abhinav Pathak (Perpule), Madhav Tandan, Nikhil (Panthera), and Saurabh Gupta (DST Global)
- The funding will drive Slikk Club’s operational expansion while enhancing its leadership team across various categories
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. With its Try & Buy model, instant refunds, and rapid delivery, Slikk Club is reshaping fashion e-commerce. This funding round marks a key milestone in solidifying its leadership in India’s fast-fashion market.
“At Slikk Club, we set out to change the way people experience fashion—making style as instant and effortless as their impulse to shop,” said Akshay Gulati, CEO & Co-Founder, Slikk Club. “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.”
Beyond just speed, the company offers a seamless, full-stack shopping experience with curated selections, instant deliveries, and hassle-free returns. In an industry-first move, Slikk Club is introducing instant returns and refunds, making fashion shopping more convenient than ever. With a robust portfolio of 80+ brands, including Snitch, The Souled Store, Freakins , Uptownie , Off Duty, Bonkers, and Bewakoof, Slikk Club is establishing itself as the ultimate destination for last-minute fashion needs.
Commenting on the investment, Rahul Taneja, Partner, Lightspeed said, "How we shop is changing everyday and so are our expectations from shopping destinations. 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. It is beyond delivering at speed - it is about delivering that enjoyable shopping experience that customers have come to expect. We're excited to partner with them on their journey ahead."
Since its inception, Slikk Club has experienced exponential growth, doubling its scale month on month. It caters to a dynamic audience of young, impulse-driven shoppers, including college students, young professionals, and urban trendsetters heavily influenced by social media trends. Designed specifically for this demographic, the platform fulfills the growing demand for quick and trendy fashion choices. With India’s fashion market valued at $11 billion and the beauty and personal care market exceeding $34 billion, Slikk Club is strategically positioned to capitalize on the rising need for hyperlocal, fast-fashion solutions.
About Slikk Club:
Slikk Club was founded by Akshay Gulati (CEO), Om Prakash Swami (CTO), and Bipin Singh (CPO), who bring extensive experience in building and scaling commerce platforms. Their expertise is now fueling innovation in fashion e-commerce. As India’s first quick-commerce fashion platform, Slikk Club delivers clothing and accessories within 60 minutes across Bangalore, eliminating long wait times and making shopping seamless. With its unique Try & Buy model, Slikk offers customers a hassle-free experience, redefining convenience in Indian e-commerce.
www.slikk.club
About Lightspeed:
Lightspeed is a global multi-stage venture capital firm focused on accelerating disruptive innovations and trends in the Enterprise, Consumer, Health, and Fintech sectors. Over the past two decades, the Lightspeed team has backed hundreds of entrepreneurs and helped build more than 500 companies globally including Affirm, Acceldata, Carta, Cato Networks, Darwinbox, Epic Games, Faire, Innovaccer, Guardant Health, Mulesoft, Navan, Netskope, Nutanix, Physics Wallah, Razorpay, Rubrik, Sharechat, Snap, OYO Rooms, Ultima Genomics, Zepto and more. Lightspeed and its global team currently manage $25B in AUM across the Lightspeed platform, with investment professionals and advisors in the U.S., Europe, India, Israel, and Southeast Asia.
www.lsip.com