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Slikk raised $300,000 in a pre-seed funding round led by Better Capital to expand its 60-minute clothes delivery service across over 100 brands in Bengaluru.

Sep 05, 2024over 1 year ago

Amount Raised

$300,000

Round Type

seed

BengaluruLifestyleRetailFashionE Commerce

Investors

Untitledxyz VenturesBetter Capital

Description

Slikk, a startup focused on 60-minute clothes delivery, has successfully raised $300,000 in a pre-seed funding round. The capital will be utilized to scale its service offerings and enhance delivery coverage to 70% of Bengaluru's pin codes.

Company Information

Company

Slikk

Location

Bengaluru, Karnataka, India

About

Slikk is a startup focused on revolutionizing the fast fashion industry by offering 60-minute delivery services tailored to Gen Z and young millennials. Founded by Akshay Gulati, Slikk aims to provide a fast and efficient shopping experience by introducing new trends and designs weekly. The company plans to expand its offerings beyond clothing to include beauty, personal care, and home decor. Slikk positions itself as a solution to the impulsive shopping habits of its target demographic.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech