What does Slikk do?
Slikk is an e-commerce platform based in Bengaluru that offers a 60-minute delivery service for fashion items including clothing and accessories, using a Try and Buy model that caters to college students, young professionals, and urban shoppers in Bangalore.
How much did they raise?
The company raised $10M in Series A funding, with the round led by Nexus Venture Partners and participation from existing investor Lightspeed.
What are their plans for the money?
With the new funds, Slikk plans to accelerate growth by launching new lifestyle categories, rolling out instant returns, expanding service to additional urban pin codes, and diversifying into categories such as beauty and personal care, footwear, accessories, and wearables.
What have they achieved so far?
Slikk has successfully established a rapid 60-minute delivery service in Bangalore and built a strong customer base by offering a unique Try and Buy retail experience.
