Virigo's founder is ex-Myntra CEO. Just goes to show how difficult it is to get the PMF right in cut throat world of fashion.
Fashion is hard. They are trying to add tech to age old manufacturing labour intensive setups. So much of it happens on network and relationships, that there isn't much scope for change unless you pump a LOT of money
Fashion is not hard. It's just overcrowded. Do they really believe that people will start buying clothes just because you put in on a website?;These businesses have not started to be profitable. But to raise funds and make money out of it.
I'm sure you must have read what these companies do. Do not compare them with ecom players.
Anybody remember Zilingo?
Another consumer tech startup bites the dust :/
https://entrackr.com/2023/10/ex-myntra-ceos-startup-virgio-shuts-down-after-raising-37-mn/
Get a tag(college/company) -> Open a startup -> Get Funding (even seed stage is fine) -> Burn money -> sell or shut d...
Considering an offer from Razorpay, how's the cculture andwork life balance there ?
All the apps with Z needs to work on their icon deisgn, product designer pls approach them
