Fashion delivery startup Slikk Club raises $10 million led by Nexus Venture Partners

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Here’s a detailed summary based on the provided text about the startup "Slikk Club":

Startup Overview

  • Startup Name: Slikk Club
  • Location: Bengaluru
  • Founded: 2024
  • Founders:
    • Akshay Gulati (Co-founder, CEO)
    • Om Prakash Swami
    • Bipin Singh
  • Focus: Quick commerce specializing in fashion and lifestyle with one-hour deliveries.

Recent Fundraising

  • Amount Raised: $10 million (approximately ₹85 crore)
  • Funding Round: Latest funding round
  • Date of Fundraise: [Specific date not provided; mentioned funding round is recent]

Investors

  • Lead Investor: Nexus Venture Partners
  • Existing Investor: Lightspeed

Purpose of Funds

  • Launch new lifestyle categories.
  • Implement instant returns.
  • Expand into more pin codes.
  • Leadership hiring for growth and maturity stage.

Previous Fundraising

  • Previous Round: $3.2 million
  • Date of Previous Fundraise: March (specific date not provided)
  • Lead Investor in Previous Round: Lightspeed

Additional Information

  • Brands Listed on Platform: More than 150, including Snitch, The Souled Store, Freakins, Uptownie, Off Duty, Bonkers, and Bewakoof.
  • Expansion Plans: Aim to have more than 500 brands by December and to expand to new cities (like Mumbai and Delhi-NCR).
  • Future Categories: Beauty and personal care, footwear, accessories, and wearables in addition to existing apparel categories.

This comprehensive overview includes the key aspects of the startup, its funding details, and future plans.

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2025-05-27 00:30:00