Slikk Raises $10M in Series A Funding

| Posted on |

Here’s a breakdown of the key information from the provided content:

Company Details

  • Startup: Slikk
  • Founders:
    • Akshay Gulati (CEO)
    • Om Prakash Swami (CTO)
    • Bipin Singh (CPO)
  • Location: Bengaluru, India

Funding Rounds

  • Fundraise Series: Series A
  • Amount Raised: $10 million
  • Date of Fundraise: May 27, 2025

Investors

  • Lead Investor: Nexus Venture Partners
  • Other Investors: Lightspeed (existing investor)

Purpose of Funds

  • Utilization:
    • Accelerate growth
    • Launch new lifestyle categories
    • Rollout of instant returns
    • Expand into more urban pin codes

Business Model

  • Product Offering: 60-minute fashion delivery platform
  • Target Audience: College students, young professionals, and urban shoppers
  • Expansion Plans: Diversifying into beauty and personal care, footwear, accessories, and wearables.

If you need more specific information or additional assistance, feel free to ask!

Source link

2025-05-27 08:15:17