Bengaluru-based quick commerce startup expands into new categories and cities with fresh funding
Slikk Club Secures $3.2 Million to Scale Quick Fashion Delivery
Bengaluru-based Slikk Club, a 60-minute fashion delivery startup, has successfully raised $3.2 million (approx. Rs 27.7 crore) in a funding round led by global venture capital firm Lightspeed. Other key investors in this round include Multiply Ventures, Tracxn founder Abhishek Goyal, DST Global’s Saurabh Gupta, and Panthera Peak Ventures’ Nikhil Bhandarkar.
Funding Utilization & Expansion Plans
With this fresh capital, Slikk Club aims to expand its operations in Bengaluru, covering 80% of the city’s pin codes by setting up more dark stores. The startup also plans to:
- Expand into new fashion categories such as ethnic wear, footwear, beauty and personal care (BPC), accessories, wearables, luggage, and backpacks.
- Strengthen its leadership team to support rapid growth.
- Open three new dark stores by September 2025.
- Expand into Tier-1 & Tier-2 cities over the next five years.
- Launch in Mumbai and Delhi-NCR in its next growth phase.
Slikk Club’s Business Model & Market Position
Founded in 2024 by Akshay Gulati, Om Prakash Swami, and Bipin Singh, Slikk Club operates as a vertical quick commerce platform specializing in fashion and lifestyle. The company has already onboarded 80+ brands, including Snitch, The Souled Store, Freakins, Uptownie, Off Duty, Bonkers, and Bewakoof.
According to co-founder & CEO Akshay Gulati, Slikk Club has identified a major shift in consumer behavior, where shoppers are willing to trade delivery speed for better pricing, selection, and reliability. Many customers, he noted, make impulse purchases simply for the convenience of trying clothes quickly.
Competition & Industry Trends
Quick commerce is evolving beyond groceries and essentials, now encompassing electronics, lifestyle brands, and fashion. Slikk Club’s 60-minute delivery model directly competes with similar fast-fashion delivery services such as:
- Myntra’s M-Now (30-minute fashion delivery)
- Rare Rabbit’s same-day delivery in metros
- The Pant Project’s quick delivery pilots
While rapid delivery models are thriving, returns and exchanges remain a key challenge for fashion-based quick commerce platforms. Slikk Club, like its competitors, is working to optimize the reverse logistics process to maintain customer satisfaction.
Investor Perspective
Rahul Taneja, Partner at Lightspeed, emphasized the changing landscape of online shopping, stating:
“How we shop is changing every day, 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.”
Market Analysis: Will Quick Fashion Delivery Disrupt Ecommerce?
With a growing demand for instant gratification in fashion shopping, Slikk Club is positioned for success if it can scale efficiently and tackle operational challenges such as inventory management and returns. The startup’s ability to adapt to consumer needs and onboard exclusive international brands will be a key differentiator in the highly competitive quick commerce space.
Final Take: Quick fashion delivery is here to stay, and Slikk Club’s aggressive expansion strategy could make it a major player in the sector. With strong VC backing, innovative logistics, and a rapidly evolving consumer base, the company is poised for long-term growth in India’s booming ecommerce market.
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