In its pre-seed funding round, led by Better Capital and with participation from Untitled Ventures, the GenZ-focused 60-minute clothing delivery app Slikk has raised $300K.

According to a press release, the proceeds will be used to expand delivery coverage to 70% of Bengaluru's pincodes, establish a large-format dark store, and scale to over 100 brands.

Additionally, the startup intends to expand its offerings to include beauty, personal care, and home decor, as well as to other Indian metropolitan areas.

Driven by Akshay Gulati, Slikk conveys new styles day to day, permitting clients to often tap the most recent patterns. Slikk delivers the most recent fashion trends to its customers' doorsteps every week in order to keep up with the rapidly evolving fashion industry.

The platform will initially launch in Bengaluru and soon expand to other cities.

By the year 2024, the Indian apparel market is expected to be worth $105.50 billion, with the fast fashion segment growing from $9.90 billion in 2023 to $28.84 billion by 2030, according to market research.

Speaking to this, Akshay Gulati, CEO & Co-Founder says, “Slikk GenZs and young millennials today are extremely impulsive shoppers and the biggest TG for fast fashion brands. This impulse is driven by high frequency refreshment of trends/designs and faster delivery”.

Similarly, Vaibhav Domkundwar from Better Capital comments, “Fashion is broken, and fast fashion missed the mark. Slikk is an ambitious attempt to ‘make great fashion easy’ for everyone. I’m excited to support a team dedicated to solving this challenge with the right expertise”.