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Slikk Secures $10M to Revolutionize Lifestyle Commerce

  • Slikk, a Bengaluru-based quick delivery startup, has raised $10 million in Series A funding led by Nexus Venture Partners with participation from Lightspeed.
  • The company plans to expand into new lifestyle categories, launch instant returns, and grow its urban reach by establishing dark stores in Bengaluru.
  • Co-founder Akshay Gulati expressed ambitions to explore fashion and lifestyle segments, including accessories, beauty, home decor, and more.
  • Founded in 2024, Slikk aims to onboard 500 brands by the end of 2025, competing with platforms like Blip and Myntra's M-Now.
  • The funding surge highlights the booming quick commerce trend in India, with numerous startups tapping into various sectors backed by significant investments.

Source: Inc42

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