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Bengaluru-based startup Slikk has raised $10 million in a Series A funding round led by early-stage venture capital firm Nexus Ventures, with participation from Lightspeed India Partners. The funding will support Slikk's expansion of its 60-minute fashion delivery service, which features offerings such as Try & Buy and instant refunds. Lightspeed India expressed confidence in Slikk's potential to disrupt the fashion shopping market for India's next-generation consumers. Separately, Bengaluru startup Frinks AI secured $5.4 million to expand its Vision AI tools for visual inspection in sectors including automotive and medical devices, focusing on growth in the US and research and development.
Startup Central | Latest startup headlines of the hour📢 ➡️Finance Minister visits Fintech Co Pine Labs office in Noida ➡️AI-Powered MFG startup Frinks bags $5 million ➡️Bis seize good worth 190 lakh from Firstcry's Bengaluru warehouse ➡️Quick fashion delivery startup Slikk Nets https://t.co/PTiUt9bk2n
We are doubling down on our conviction and excited to continue supporting @akshaygulati29, Om Prakash Swami, Bipin Kumar Singh, and the @Slikkclub team as they build a fashion shopping platform for India’s next-gen consumers! Read more about our investment: https://t.co/zWQtVoTjps
Bengaluru startup Frinks AI, which builds Vision AI tools for visual inspection in sectors like automotive and medical devices, will use the $5.4 funds to expand in the US and boost R&D #Bengaluru #FrinksAI #ArtificialIntelligence #IndianStartups https://t.co/VBmWm3ThZQ
