Funding Alert

Slikk Raises $10 Million in Series A Funding Led by Nexus Venture Partners to Revolutionize Hyperlocal Fashion Commerce


Fashion delivery platform Slikk has announced the successful closure of its $10 million Series A funding round, led by Nexus Venture Partners, with continued support from existing investor Lightspeed. This latest capital infusion comes just months after Slikk secured $3.2 million in a seed round from Lightspeed in March this year.

Founded by Akshay Gulati (CEO), Om Prakash Swami (CTO), and Bipin Singh (CPO), Slikk is redefining fashion commerce by offering clothing and accessories delivered within 60 minutes in select parts of Bengaluru. The company’s mission is to eliminate long wait times and offer a seamless, hyperlocal shopping experience through curated collections, a try-and-buy option, instant refunds, and rapid delivery.

The newly raised funds will be used to accelerate the company’s next phase of growth. This includes the launch of new lifestyle categories, rollout of instant returns, and expansion into more urban pin codes across India.

“Slikk, since inception, has delivered a high-quality customer experience through our 60-minute delivery model. Brands have been able to unlock new users at a hyperlocal level. With this new round, we intend to double down on that promise and offer a significantly wider range of products and experiences to our customers,” said Akshay Gulati, Co-Founder & CEO of Slikk.

The round’s lead investor, Nexus Venture Partners, believes Slikk is poised to lead the next wave of digital transformation in fashion commerce.

“Having watched quick commerce reshape India’s consumer behaviour, we firmly believe fashion is the definitive next frontier for digital disruption. The Slikk team’s deep category insights and strategic execution are precisely what this moment demands. We’re incredibly excited to be long-term partners in shaping this future,” said Pratik Poddar, Partner at Nexus Venture Partners.

Slikk’s seed investor Lightspeed has also doubled down on its commitment to the company.

“We backed Slikk at the seed stage because their take on fashion commerce was refreshingly ahead of its time. The team built a product that truly resonates with its customers, reflected in strong retention and engagement. We are happy to double down on our investment and support Akshay and the team’s focus on newer categories and reaching a wider audience across India,” said Rahul Taneja, Partner at Lightspeed.

As India’s consumer preferences shift rapidly towards speed, convenience, and experience, Slikk is uniquely positioned to transform fashion delivery with its instant gratification model. With its Series A funding secured, Slikk is set to scale operations, diversify offerings, and become a household name in fashion commerce.

About Slikk

Slikk is a hyperlocal fashion delivery platform that enables customers to shop curated fashion and accessories with a 60-minute delivery promise. Founded by Akshay Gulati, Om Prakash Swami, and Bipin Singh, the Bengaluru-based startup offers unique features like try-and-buy, instant refunds, and category expansion to redefine modern retail experiences.

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