Quick fashion delivery startup Blip shuts down in less than a year

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Ansh Agarwal, cofounder of quick fashion delivery startup Blip, announced that the company has shut down operations less than a year after launch. This has come when the rapid ecommerce space, particularly in the fashion segment has seen backing from venture capital firms as well as foray of larger etailers.

In a LinkedIn post, Agarwal wrote, “After building for over a year, we’ve finally called it a day. While we still believe in this space, bootstrapping with limited capital made it incredibly hard to compete.”

Blip had taken a differentiated…



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Quick fashion delivery startup Blip shuts down in less than a year



Ansh Agarwal, cofounder of quick fashion delivery startup Blip, announced that the company has shut down operations less than a year after launch. This has come when the rapid ecommerce space, particularly in the fashion segment has seen backing from venture capital firms as well as foray of larger etailers.

In a LinkedIn post, Agarwal wrote, “After building for over a year, we’ve finally called it a day. While we still believe in this space, bootstrapping with limited capital made it incredibly hard to compete.”

Blip had taken a differentiated…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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