Sep 07, 2017 06:43 PM IST
This year’s Diwali sale is expected to offer huge discounts across e-commerce platforms Paytm, Flipkart and Amazon as all the three players are heavily stashed with billions of dollars.
- Aug 10, 2017 01:47 PM IST
The company joined the Unicorn club with a claimed valuation of USD 1.1 billion last January following a fund infusion from GIC Pte Ltd, Tiger Global Management and Nexus Venture Partners
- Aug 07, 2017 08:22 AM IST
The company aims to organise the mostly unstructured category of used and unboxed electronics, it said.
- Aug 06, 2017 03:50 PM IST
The e-commerce company will be among the first marketplaces to enter this category.
- Jul 26, 2017 05:43 PM IST
It doesn’t matter if someone believes in your conviction or not. You have to wear a salesman hat and convince someone to put money in you, advises Droom CEO Sandeep Aggarwal.
- Jun 10, 2017 08:05 PM IST
ShopClues team is encouraging weavers to register themselves on e- commerce sites, where they can sell their product directly to consumers and fetch its right price.
- Apr 11, 2017 08:35 AM IST
"Idea Money has partnered with ShopClues to sell products through its Retailer Assisted Model (RAM) via local retailers. The partnership will help millions of on ground customers who may not have access to the internet, to make easy, convenient and secure purchase transactions," Idea Money and ShopClues said in a joint statement.
- Apr 03, 2017 12:59 PM IST
Boardroom battles inside startups show that the goals of co-founders, early stage and late stage investors are often misaligned which often leads to shutdown of the firms.
- Mar 31, 2017 07:31 PM IST
The company has been in recent controversy as one of the co-founders has filed a complaint against existing management of the company claiming that his voting rights were wrongfully taken away by the other two co-founders.
- Mar 14, 2017 10:23 PM IST
The board of Gurgaon-based ShopClues have responded to allegations saying that the termination of co-founder Sandeep Aggarwal was with joint consent with stakeholders. It further said that the claims by the ex-cofounder reek of 'personal vendetta'.
- Mar 14, 2017 06:09 PM IST
In a series of Facebook posts, Sandeep Aggarwal had accused his wife Radhika Ghai and the company's current CEO Sanjay Sethi of illegally ousting him from the company and changing the voting rights while he was away in the US
- Mar 14, 2017 04:36 PM IST
Another unicorn Indian startup co-founded by a husband-wife duo seems headed for a legal battle. Shopclues ex-CEO and cofounder Sandeep Aggarwal has alleged in social media posts that his wife and current CEO at Shopclues colluded to oust him from the company.
- Feb 28, 2017 06:56 PM IST
Online marketplace ShopClues today said it appointed Harneet Singh as Vice President and Head Marketing.
- Feb 14, 2017 02:00 PM IST
After the unpleasant experience of last year in which a few start-ups withdrew their offers or deferred joining dates, business schools have been cautious in inviting startups for the placement process.
- Feb 03, 2017 02:07 PM IST
Snapdeal turned out be one of the most invested online retailer in 2016 having received USD 200 million in Series I round by Iron Pillar Fund and Ontario Teacher‘s Pension Plan.
- Jan 13, 2017 04:56 PM IST
A year after launch of PM Modi‘s â€˜Startup India Campaign‘ curiosity has been built around what the budget 2017 will offer even as digital India has become a buzzword for the current government.
- Dec 12, 2016 01:09 PM IST
Alibaba cannot come in with a magic wand, they will break and path blaze like anyone else, says Shopclues CEO Sanjay Sethi.
- Dec 07, 2016 02:55 PM IST
Gurgaon-based Shopclues is likely to get into a battle with Chinese e-commerce mammoth Alibaba in the B2C category when it enters India, expected next year. Shopclues CEO Sanjay Sethi elaborates on his strategy to battle Alibaba and existing rivals Amazon, Snapdeal and Flipkart.
- Dec 07, 2016 08:54 AM IST
"With last investment round in January, ShopClues is valued at around Rs 7,100 crore. We were earlier expecting gross merchandise volume of USD 2.3-2.5 billion in 2017 but due to demonetisation, we expect our topline to be around USD 2 billion," ShopClues CEO and co-founder Sanjay Sethi told reporters here.
- Dec 07, 2016 08:12 AM IST
E-commerce player Shopclues has guided for gross merchandise value (GMV) in calendar 2017 at USD 2 billion. The startup had earlier estimated GMV at USD 2.3-2.5 billion but demonetisation led to a reduction in sales by around 30 percent.
- Dec 06, 2016 10:09 AM IST
As per latest documents filed with Registrar of Companies, Gurgaon based Shopclues received Rs 100 crore last month in its latest tranche of funding vide its US-based parent Clues Network Inc, even as losses for the company widened.
- Nov 16, 2016 06:00 PM IST
Post demonetisation of high value currency notes, e-commerce players have witnessed sharp decline in their business. According to industry estimates, about 70 percent of the shoppers opt for cash while buying a product.
- Oct 11, 2016 12:26 PM IST
As the Diwali fervour picks up across country, Indians are buying cow urine and cow-dung cakes online. Demand for cow-dung cakes is up 40% online, report sites such as Shopclues and Amazon
- Oct 07, 2016 11:00 AM IST
Consumers who withheld their spending on high-involvement purchases before the season are now buying heavily discounted products
- Sep 19, 2016 09:05 AM IST
As the graveyard for failed startups expands, the E-commerce store you shop from this Diwali might not exist next year. For bigger firms, mergers would inevitable as large late stage investments shrink.