Slikk Raises $10M Led by Nexus to Expand Fashion Delivery in India

Slikk, a Bengaluru-based startup delivering fashion products within 60 minutes, has raised $10 million in a Series A funding round led by Nexus Venture Partners with participation from existing investor Lightspeed. Founded in 2024 by Akshay Gulati, Om Prakash Swami, and Bipin Singh, Slikk operates a Try & Buy model and currently features over 150 brands, aiming to expand to 500 by the end of the year. The company plans to use the funds to expand into new lifestyle categories such as beauty, personal care, footwear, accessories, wearables, and potentially home decor and luggage, as well as to introduce instant returns and increase its presence in more urban pin codes, including new cities beyond Bengaluru. Slikk is also preparing to open additional dark stores, increasing from two to six to eight by September, and is focused on leadership hiring to support growth. The startup competes with other quick commerce platforms and seeks to capitalize on the growing quick delivery trend in India, aiming for a wider audience and category diversification. This Series A round closely follows a $3.2 million seed round raised in March 2025, highlighting strong investor confidence in Slikk's rapid expansion strategy.