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Lightspeed leads $3.2m round for Indian fashion quick commerce

Bengaluru-based startup Slikk Club has raised US$3.2 million (27 crore rupee) in a seed funding round led by Lightspeed.

Multiply Ventures and angel investors like Tracxn cofounder Abhishek Goyal and Madhav Tandan from Orios Venture Partners, also participated.

The funds will support Slikk Club’s expansion by opening new dark stores and strengthening its leadership team. The startup aims to cover 80% of the Bengaluru’s pincodes.

Founded in 2024 by Akshay Gulati, Om Prakash Swami, and Bipin Singh, Slikk Club delivers fashion items within 60 minutes and offers instant returns and refunds.

The platform features over 80 brands, including Snitch and Bewakoof, and plans to add 100 more in the next three months.

Competing with Blinkit and Myntra, Slikk Club enters India’s growing fashion quick commerce sector, with the market projected to reach US$200 billion by 2030.

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