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ShopClues

ShopClues :

ShopClues.com is an online marketplace, headquartered in Gurgaon, India. The company was founded in the Silicon Valley, USA in 2011. It has over 12,000 registered merchants retail +2,00,000 products on the platform to over 42 million visitors every year across 9500 locations in the country.

ShopClues joined as 35th entrant in the Indian e-commerce in 2011.The company employees over 350 people across locations.ShopClues is the Indian subsidiary of Clues Network Inc., a US Corporation and was founded in November 2011 by an alumnus of Washington University and Wall Street internet analyst Sandeep Aggarwal and eBay’s former Global Product Head, Sanjay Sethi.

In March 2013, ShopClues successfully completed its third round of funding.The company raised close to $10 million (Rs. 54 crores) from Helion Venture Partners and Nexus Venture Partners. Nexus Venture Partners had previously led the Series A investment in the company in Feb 2012. With this round, ShopClues.com has raised over $15 million in capital so far.

ShopClues has other investors like Series B investors Helion and Nexus and a Japanese Internet company. Prior to Series A, ShopClues had raised a round (in Aug. 2011) from angels including from early employees of companies like Google, Netscape and many serial entrepreneurs from Silicon Valley.

ShopClues has raised $100 million (Rs 620 crore) in Series C funding led by Tiger Global besides at least two of its existing investors.This values the company at around $350 million
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