New-age brands like ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/newme” target=”_blank”>Newme, Slikk and Blipp, as well as ecommerce platforms such as Myntra, Ajio and rel=”dofollow” href=”https://economictimes.indiatimes.com/fsn-e-commerce-ventures-ltd/stocks/companyid-2017563.cms” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank”>Nykaa are all exploring ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/ultra-fast-delivery” target=”_blank”>ultra-fast delivery for fashion and apparel. The latest to join the race is Bengaluru-based D2C brand Snitch. Its founder Siddharth Dungarwal told ET that the company has launched a pilot project for its own ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/quick-fashion-delivery” target=”_blank”>quick fashion delivery service in ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank” href=”https://economictimes.indiatimes.com/news/bengaluru-news”>Bengaluru last week.
Seeing the rush, venture capitalists are betting on the segment. Slikk, which promises delivery within 60 minutes, recently data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/tech/funding/fashion-delivery-startup-slikk-club-raises-10-million-led-by-nexus-venture-partners/articleshow/121419227.cms” data-type=”tilCustomLink” target=”_blank”>raised $10 million (about Rs 85 crore) in a…
