Slikk targets ₹90-100 crore monthly Bengaluru GMV by March as dark-store network expands

Quick-fashion startup Slikk plans to grow its Bengaluru network from six dark stores to about 12 by year-end, with four openings due in the next two months. It is targeting ₹45-50 crore in monthly GMV near term and Delhi and Mumbai launches within six to nine months.

— Source publishedSat, 12 Sept, 2026, 16:50 IST·First seen Sat, 12 Sept, 2026, 16:55 IST·Source The Hindu BusinessLine

What happened

Bengaluru quick-fashion startup Slikk targets ₹90-100 crore monthly GMV by March, expanding from six to about 12 dark stores. It plans Delhi and Mumbai entry

Key facts

  • ₹90-100 crore monthly GMV target from Bengaluru by March
  • Nearly 10x growth over the past 6-7 months
  • 6 current dark stores in Bengaluru
  • 4 additional Bengaluru dark stores planned over the next 2 months
  • Around 12 Bengaluru dark stores expected by year-end
  • ₹45-50 crore monthly GMV target over the next 2 months
  • More than 25,000 SKUs
  • 40-45% of SKUs are BAU drivers
  • Customer age focus: 18-35 years
  • Burn declined 50% over the past 6 months
  • $13.5 million raised across three rounds
  • $300,000 pre-seed funding
  • $3.2 million seed round
  • $10 million Series A

Why this matters

Slikk’s expanding dark-store footprint and imminent fundraising make it a relevant partnership, acquisition or competitive-monitoring target for platforms seeking rapid-delivery fashion capabilities in India.

What to watch

  • Actual Bengaluru dark-store count by year-end and pace of the next four openings.
  • Monthly GMV progression toward ₹45-50 crore, then toward the ₹90-100 crore March ambition.
  • Burn rate and contribution-margin disclosure after network expansion.
  • Fundraise timing, valuation, investor participation and amount raised.
  • Delhi/Mumbai hiring, warehouse leases, rider partnerships or launch announcements.
  • Discounting or rapid-fashion delivery moves by major quick-commerce and fashion competitors.
  • Open the four planned Bengaluru dark stores and concentrate inventory around high-frequency fashion categories.
  • Use Bengaluru performance data to raise a new round before Delhi and Mumbai capex accelerates.
  • Prioritize repeat-rate, contribution-margin and fulfillment-cost improvements over broad assortment expansion.
  • Secure brand and private-label supply partnerships to protect availability and gross margins.
  • Pilot metro-launch playbooks with limited dark-store clusters rather than citywide launches.