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  • Flipkart’s 'Big Billion' Diwali sale to kick in from September 20 Sep 07, 2017 06:43 PM IST

    Flipkart’s 'Big Billion' Diwali sale to kick in from September 20

    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.

  • Shopclues could raise a pre-IPO round by January: Sanjay Sethi Aug 10, 2017 01:47 PM IST

    Shopclues could raise a pre-IPO round by January: Sanjay Sethi

    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

  • ShopClues to enter unboxed gadgets segment, eyes doubling GMV Aug 07, 2017 08:22 AM IST

    ShopClues to enter unboxed gadgets segment, eyes doubling GMV

    The company aims to organise the mostly unstructured category of used and unboxed electronics, it said.

  • ShopClues to enter unboxed gadgets segment, eyes doubling GMV Aug 06, 2017 03:50 PM IST

    ShopClues to enter unboxed gadgets segment, eyes doubling GMV

    The e-commerce company will be among the first marketplaces to enter this category.

  • Entrepreneurship will never be a straight line, advises Droom CEO Jul 26, 2017 05:43 PM IST

    Entrepreneurship will never be a straight line, advises Droom CEO

    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.

  • Shopclues gives lessons to Varanasi weavers on online selling Jun 10, 2017 08:05 PM IST

    Shopclues gives lessons to Varanasi weavers on online selling

    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.

  • Idea Money, Shopclues partner to sell products offline Apr 11, 2017 08:35 AM IST

    Idea Money, Shopclues partner to sell products offline

    "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.

  • How boardroom battles are slowly killing Indian startups Apr 03, 2017 12:59 PM IST

    How boardroom battles are slowly killing Indian startups

    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.

  • ShopClues offers 80% of pending payment in advance to sellers Mar 31, 2017 07:31 PM IST

    ShopClues offers 80% of pending payment in advance to sellers

    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.

  • CEO Aggarwal's termination was with joint consent: ShopClues board Mar 14, 2017 10:23 PM IST

    CEO Aggarwal's termination was with joint consent: ShopClues board

    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'.

  • ShopClues co-founder regrets Facebook outburst but stands by claims Mar 14, 2017 06:09 PM IST

    ShopClues co-founder regrets Facebook outburst but stands by claims

    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

  • Shopclues co-founder alleges wife and current CEO ousted him Mar 14, 2017 04:36 PM IST

    Shopclues co-founder alleges wife and current CEO ousted him

    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.

  • Shopclues appoints Harneet Singh as VP Feb 28, 2017 06:56 PM IST

    Shopclues appoints Harneet Singh as VP

    Online marketplace ShopClues today said it appointed Harneet Singh as Vice President and Head Marketing.

  • B-school placements: Start-up jobs no longer most sought after Feb 14, 2017 02:00 PM IST

    B-school placements: Start-up jobs no longer most sought after

    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.

  • E-commerce player Snapdeal leads funding charts in 2016 Feb 03, 2017 02:07 PM IST

    E-commerce player Snapdeal leads funding charts in 2016

    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.

  • Budget 2017: A wishlist from India‘s startup entrepreneurs Jan 13, 2017 04:56 PM IST

    Budget 2017: A wishlist from India‘s startup entrepreneurs

    A year after launch of PM Modi‘s ‘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.

  • We aim to reach 400 million customers: Shopclues CEO Dec 12, 2016 01:09 PM IST

    We aim to reach 400 million customers: Shopclues CEO

    Alibaba cannot come in with a magic wand, they will break and path blaze like anyone else, says Shopclues CEO Sanjay Sethi.

  • Alibaba cannot enter India with a magic wand: Shopclues CEO Dec 07, 2016 02:55 PM IST

    Alibaba cannot enter India with a magic wand: Shopclues CEO

    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.

  • ShopClues eyes $2 bn sales in 2017, to file for IPO next year Dec 07, 2016 08:54 AM IST

    ShopClues eyes $2 bn sales in 2017, to file for IPO next year

    "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.

  • Shopclues trims GMV target to $2 bn in 2017 Dec 07, 2016 08:12 AM IST

    Shopclues trims GMV target to $2 bn in 2017

    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.

  • Shopclues receives around Rs 400 cr investment as losses widen Dec 06, 2016 10:09 AM IST

    Shopclues receives around Rs 400 cr investment as losses widen

    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.

  • Demonetisation will be good for business: E-commerce honchos Nov 16, 2016 06:00 PM IST

    Demonetisation will be good for business: E-commerce honchos

    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.

  • Holy Cow! Online demand for cow dung cakes up 40% this Diwali Oct 11, 2016 12:26 PM IST

    Holy Cow! Online demand for cow dung cakes up 40% this Diwali

    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

  • Electronics is the most popular category this festive season Oct 07, 2016 11:00 AM IST

    Electronics is the most popular category this festive season

    Consumers who withheld their spending on high-involvement purchases before the season are now buying heavily discounted products

  • Why this can be a make or break Diwali for Flipkart and Snapdeal Sep 19, 2016 09:05 AM IST

    Why this can be a make or break Diwali for Flipkart and Snapdeal

    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.

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