3 hours ago
1
Blip, a quick fashion delivery startup promising 30-minute deliveries, has closed its operations, according to a social media post by company's co-founder Ansh Agarwal.
In a post on LinkedIn, Agarwal wrote, "After building for over a year, we have finally called it a day. while we continue to believe in this space, bootstrapping the business with limited capital made it extremely difficult for us to participate in the market."
He further said, with our model being different from the rest, we did a lot of first-in-market implementations that took share bit of time to convince stakeholders, which indeed affected a lot our GTM (go-to-market) strategies and slowed things considerably down for us.
Also Read: Clean Fanatics raises $2 million seed funding led by Inflection Point Ventures
"The result of limited working capital and failure to implement our GTM in an efficient manner, it didn't make sense for us to continue, and hence we had to make a difficult choice to shut Blip down," he added.
Blip was founded in 2024 by Agarwal and Sarvesh Kedia to become 'Zepto for fashion'. The company's app went live in October 2024. It launched 10 brands with 25,000 SKUs in select parts of Bengaluru.
Also Read- ‘No CV, No College': This AI startup founder's social media post goes viral, offering Rs 1 crore job
English (US) ·