60-Minute Clothing Delivery Startup Slikk Has Raised $300,000 in Pre-Seed funds round led by Best capitalwith the participation of Untitledxyz Ventures.
The startup plans to use the capital raised to expand its offering to over 100 brands, establish a large-format dark store and expand delivery coverage to 70% of BangalorePin codes of
Revolutionizing the fast fashion industry
Founded by Akshay Gulati, Slikk aims to revolutionize the fast fashion industry by offering 60-minute delivery, targeting Gen Z and young millennials, known for their impulsive shopping habits.
“Today, Gen Z and young millennials are extremely impulsive buyers and the biggest consumers of fast fashion brands. This drive is due to frequent updating of trends and designs and faster delivery,” Gulati said.
“Slikk aims to solve this problem by incorporating new trends and designs from emerging fast fashion brands every week and a 60-minute delivery time, which will provide a completely different shopping experience to customers compared to traditional fashion markets,” he added.
Expansion to other metropolitan cities
In addition to apparel, Slikk plans to expand its product range to include beauty, personal care and home décor, catering to the broader lifestyle needs of its target customers. It also plans to expand its presence in other metropolitan cities in the country.
“Fashion is broken and fast fashion has missed the mark. Slikk is an ambitious attempt to ‘make good fashion easy’ for everyone. I am excited to support a team dedicated to solving this challenge with the right expertise,” said Vaibhav Domkundwar of Better Capital.
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