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…