ShopClues is a prominent player in the Indian e-commerce market, positioning itself as "The preferred marketplace for Bharat." Founded in 2011 in Silicon Valley, the company has established itself as India's first and largest managed marketplace, attracting over 100 million monthly visitors to its platform. Boasting a catalog of 5 crore listed products and a network of 500,000+ merchants, ShopClues endeavors to offer an exceptional online shopping experience by focusing on a diverse selection, competitive pricing, user-friendly interface, swift delivery, and top-notch customer service. Operating from its headquarters in India, ShopClues has garnered substantial attention from investors, with the latest INR78.60M Venture Round investment on 19 September 2019 led by CluesNetwork. The company's extensive reach is demonstrated through its delivery to over 30,000 pincodes across India and its extensive network of online stores, making it a pivotal player in the Indian e-commerce landscape. With a strong backing from leading institutional investors, ShopClues continues to make its mark as a leading Indian subsidiary of Clues Network Inc., a US Corporation, while being headquartered in Gurgaon. With an energetic team of over 1350+ individuals, ShopClues is poised to capitalize on the growth potential of the Indian e-commerce market and further solidify its position as a go-to online marketplace for the burgeoning population of Bharat.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Venture Round | INR78.60M | 1 | CluesNetwork | 19 Sep 2019 |
Venture Round | INR1.10B | 3 | 10 Aug 2018 | |
Venture Round | $1.00M | 1 | 20 Feb 2018 | |
Series E | Unknown | 1 | 31 Dec 2017 | |
Debt Financing | INR500.00M | 1 | 09 May 2017 |
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