ShopClues Unicorn Acquired
ShopClues was an Indian online marketplace connecting third-party sellers with consumers, focused on unstructured/unbranded categories (home and kitchen, fashion, electronics, daily utility items) and budget shoppers in Tier-II and Tier-III Indian cities. Founded July 2011, it became India's fifth unicorn in January 2016 at a $1.1B valuation, then its valuation collapsed and it was acquired by Singapore's Qoo10 in an…
ShopClues: Funding Rounds
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| Sep 2019 ~ | Debt | ₹7.86 Cr (~$1.1 Mn) | source | |
| 12 Jan 2016 | Series E | ~$150 Mn | GIC Nexus Venture Partners Tiger Global Management | source |
| 19 Jan 2015 | Series D | $100 Mn | Tiger Global Management Helion Venture Partners Nexus Venture Partners | source |
| Jan 2014 ~ | Series C | $10 Mn | Helion Venture Partners Nexus Venture Partners Teruhide Sato | source |
| 14 Mar 2013 | Series B | $10 Mn (₹54 Cr) | Helion Venture Partners Nexus Venture Partners Teruhide Sato | source |
| Mar 2012 ~ | Series A | $4 Mn | Nexus Venture Partners | source |
| Dec 2011 ~ | Seed | Over $2 Mn | source |
Acquisitions
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Who founded ShopClues?
ShopClues was founded by Sanjay Sethi, Sandeep Aggarwal, Radhika Aggarwal in 2011.
How much funding has ShopClues raised?
ShopClues has raised $277.1 Mn across 7 tracked funding round(s), most recently on 2019-09-01. Figures are compiled from cited public sources.
Who are the investors in ShopClues?
Investors in ShopClues include GIC, Nexus Venture Partners, Tiger Global Management, Helion Venture Partners.
What does ShopClues do?
ShopClues was an Indian online marketplace connecting third-party sellers with consumers, focused on unstructured/unbranded categories (home and kitchen, fashion, electronics, daily utility items) and budget shoppers in Tier-II and Tier-III Indian cities. Founded July 2011, it became India's fifth unicorn in January 2016 at a…
Where is ShopClues headquartered?
ShopClues is headquartered in Gurgaon, Haryana, India.
What is ShopClues's business model?
ShopClues's core value proposition centers on Wide, low-cost 'unstructured' product catalogue, Reach into small-town India.
How does ShopClues make money?
ShopClues's cited revenue streams include Marketplace commissions / sale of services.