Moneycontrol
Nov 16, 2016 10:22 PM IST | Source: Moneycontrol.com

Co-founder confident Shopclues.com will turn profitable by FY17

Demonetisation will lead to a short-term disruption, but will not effect the business of the shopping website, says Aggarwal. The cash-on-delivery is hardly used by customers these days even in small cities and towns and has not been a matter of concern.

Radhika Aggarwal, Co-founder of e-commerce website Shopclues.com is confident of turning profitable by FY17. The company has been increasing its seller base by digitising small merchants. This is done by promoting the point-of-sale system and will help bring more customers, she says.

Demonetisation will lead to a short-term disruption, but will not effect the business of the shopping website, says Aggarwal. The cash-on-delivery is hardly used by customers these days even in small cities and towns and has not been a matter of concern.

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