In a bold step toward reshaping the on-demand fashion landscape, Bengaluru-based startup Slikk has raised $10 million in its Series A funding round led by Nexus Venture Partners, with continued participation from existing investor Lightspeed. This marks the startup’s second round of funding in just two months, following a $3.2 million seed round in March 2025.
Quick Highlights:
- Funding Raised: $10 million Series A
- Led by: Nexus Venture Partners
- Also Participated: Lightspeed (existing investor)
- Previous Round: $3.2 million seed round in March 2025
- Founded by: Akshay Gulati, Om Prakash Swami, Bipin Singh
- Operational Market: Currently active in Bengaluru
How Slikk Works:
Slikk has pioneered a 60-minute fashion delivery model with a Try & Buy option, allowing customers to order, try on, and return items with minimal friction. This rapid fashion experience has gained traction among urban consumers, college students, and trend-driven youth.
With over 80 partner brands, the platform showcases labels like:
- Snitch
- The Souled Store
- Freakins
- Uptownie
- Off Duty
- Bonkers
- Bewakoof
What’s Next for Slikk?
The fresh capital will be channeled into:
- Expansion into lifestyle categories such as beauty, personal care, footwear, accessories, and wearables
- Implementation of instant returns for a seamless customer experience
- Growth across urban pin codes beyond Bengaluru
Investor Confidence Remains High:
“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.
Why It Matters:
While double funding rounds were common during the 2021–22 startup boom, Slikk is one of the few startups in 2025 to close two successful rounds within just two months—a notable achievement amid a more cautious funding environment.