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The mad rush for GMV is over, says ShopClues CEO Sanjay Sethi

Monday, October 24, 2016 | More »

Sanjay Sethi, CEO, ShopClues.com
While the Diwali season turned into a battle between Amazon, Snapdeal and Flipkart; ShopClues, run by Clues Network Pvt. Ltd., has been quietly chasing profitability. The Gurgaon-based firm is confident of registering EBIDTA (Earnings before Interest, Taxes, Depreciation and Amortization) profitabil...


Exclusive: ShopClues acquires two startups to build seller support

Gurgaon-based e-commerce firm ShopClues has acquired two startups to enhance support for merchants on its marketplace platform, according to one person familiar with the development. The acquisitions were made in the second quarter of this year, the person told Techcircle. “One startup has been ac...

17 October, 2016 | More »

Sanjay Sethi & Radhika Aggarwal, co-founders, ShopClues

E-commerce will mirror physical retail market dynamics: ShopClues co-founders

ShopClues, an ecommerce marketplace that focuses on non-metro markets, has so far raised around $200 million and half of that amount is still in the bank. The company has plans to expand organically through one or two double-digit million buyouts and smaller technology acquisitions. ShopClues believ...

22 August, 2016 | More »


How Shopclues aims to build non-ecom revenues

E-commerce firm focusing on non-metro markets Shopclues is building a slew of services targeting half a million merchants, mostly micro and small businesses, who sell on its marketplace as it targets one-third of its revenues from outside sale transactions on the website in 18-24 months. “We are b...

29 July, 2016 | More »


We want to focus on and dominate categories without a standard product catalogue: ShopClues

ShopClues.com is a horizontal e-commerce marketplace and one of a few which have managed to survive even as the market consolidated among the heavily funded peers Flipkart, Snapdeal and Amazon. Clues Network Inc, the US-based parent of Clues Network Pvt Ltd that runs ShopClues, has just raised $100...

19 January, 2015 | More »


Decoding the online marketplace

When we started ShopClues.com two years ago – ‘MarketPlace’ was a concept and term we had to really sell to both our investor and customer base. Inventory-led models dominated Indian ecommerce and there were many, many ardent supporters who truly believed that was the only model that could sur...

13 February, 2014 | More »


ShopClues co-founder Sanjay Sethi takes over as CEO

Sanjay Sethi, co-founder of Gurgaon-based Clues Network that runs online marketplace ShopClues.com, has stepped in as the new CEO after his predecessor Sandeep Aggarwal (also co-founder) was arrested by The Federal Bureau of Investigation (FBI) earlier this year. Aggarwal was arrested on insider tra...

15 October, 2013 | More »