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Bengaluru-based startup Slikk Club has secured $3.2 million in seed funding led by Lightspeed, with participation from Multiply Ventures and notable angel investors. The funds will facilitate the opening of new dark stores and enhance the leadership team as the company aims to cover 80% of Bengaluru's pincodes.Founded in 2024, Slikk Club specializes in delivering fashion items within 60 minutes, offering instant returns and refunds. With over 80 brands on its platform, including Snitch and Bewakoof, the startup plans to expand its offerings by adding 100 more brands in the next three months, positioning itself in India's burgeoning fashion quick commerce market projected to reach $200 billion by 2030.
Delhi-based Phot.AI has raised $2.7 million in seed funding, led by Info Edge Ventures, to enhance its AI-driven creative automation platform for e-commerce. The funds will support team expansion, R&D, and the launch of a new copilot feature, addressing the growing visual demands of online brands.The platform automates design and marketplace listings, significantly reducing manual effort and costs while improving conversion rates through A/B testing. Co-founded by industry veterans in 2023, Phot.AI aims to transform the e-commerce creative landscape with its innovative AI solutions.
Akshay Gulati
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Slikk Club secures 3.2 million funding to expand fashion quick commerce in India
09:30 18.03.2025
phot ai secures 2.7 million seed funding to enhance e commerce creative automation
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