menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Funding News

>

Fast-Fashi...
source image

Bloomberg Quint

6d

read

119

img
dot

Image Credit: Bloomberg Quint

Fast-Fashion Delivery Startup Blip Shuts Down: 'Made Tough Choice...', Says Co-founder Ansh Agarwal

  • Fast-fashion delivery startup Blip, based in Bengaluru, has been shut down, as announced by co-founder Ansh Agarwal citing limited capital and go-to-market challenges.
  • Blip offered 30-minute doorstep delivery of fashion apparel and accessories, standing out for its unique model but faced difficulties in convincing stakeholders and implementing go-to-market strategies.
  • The closure of Blip reflects the struggles faced by early-stage startups in the evolving Indian startup ecosystem, with factors including funding challenges and intense competition leading to closures of promising ventures.
  • Ansh Agarwal expressed pride in Blip's achievements, acknowledged the need for quick-commerce verticalization, and thanked his co-founder, Sarvesh Kedia, while signaling readiness to move on to the next venture.

Read Full Article

like

3 Likes

For uninterrupted reading, download the app