Clicky, a Lahore-based apparel e-commerce portal, has raised $2.4 million in a pre-Series A investment, adding another feather to Pakistan’s burgeoning startup ecosystem.
Clicky offers trending fast fashion products with a focus on apparel, footwear, and accessories. Clicky hopes to scale these labels with this new capital by collaborating closely with manufacturers and fashion designers.
Clicky will introduce more categories to tap into Pakistan’s booming fashion market, with 3000-5000 new SKUs [stock-keeping units] added per month. A portion of the startup’s previous financing was also used to set up and enhance fulfillment centers around Pakistan. Clicky currently operates a 25,000-square-foot warehouse fulfillment center, one of the country’s largest.
According to the company, since its introduction, the startup has had a monthly growth of over 20% and has grown the business four times in less than a year.
“Our investors have placed a lot of trust in us and the Pakistani eCommerce market.” “We’re capitalizing on a huge opportunity in fashion retail, and we’re pleased to support local manufacturers for our private labels while also introducing worldwide names to give our customers a high-quality experience,” said Founder.
“We believe that quick fashion has evolved into ultra-fast fashion. As a result, we want to provide local manufacturers, designers, and third-party brands with the technology and working cash they need to realize this huge potential,” the founders noted.
“The Clicky team has demonstrated that they have the dedication and perseverance required to become Pakistan’s best e-commerce destination for fashion and apparel,” stated Asif, the former CFO of Souq.com.
Image Credit: Clicky