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Posts Tagged ‘ ShopClues ’

Exclusive: ShopClues acquires two startups to build seller support

Monday, October 17, 2016 | More »

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...


Demand from tier I, II cities boost ShopClues’ sales

Gurgaon-based e-commerce firm ShopClues says it has witnessed a five-fold growth in its business within the first two days of the Diwali Sale on the back of 50% higher demand from tier II and tier III cities compared to tier I cities. With the conclusion of the festive period, tier III sales account...

12 October, 2016 | More »


North Eastern states top search charts for online shopping

The massive marketing and advertising efforts made by the Indian ecommerce firms may finally be paying off, at least in terms of catching the attention of potential buyers. According to Google Trends, the search for ‘online shopping’ has increased in regions such as Tripura, Sikkim, Mizoram, Meg...

3 October, 2016 | More »


Is lack of exits impacting Tiger Global’s Indian appetite?

From 2005, when it first set foot in India, till 2015, Tiger Global was roaring in the Indian startup jungle. The US-based asset management firm with hedge and venture capital funds made calculated moves in the first five years making two to five investments annually. In 2011, it took a massive leap...

12 September, 2016 | More »


Why some investors are betting on competing businesses

Two weeks ago, Taiwanese chip designer MediaTek invested $60 million in One97 Communications, which runs Paytm, a mobile wallet platform and an online shopping site. In itself, the transaction is not unusual – Paytm is raising funds for growth and MediaTek is known for backing innovative firms. Wh...

12 September, 2016 | More »

Sandeep Aggarwal

Is funding truly a game-changer for start-ups?

Start-ups, like all other businesses, require funds to conduct their business activities. While the initial investment, also known as seed-funding, is generally sourced from friends, family and people who have faith in the idea, this fund is mostly used up in bringing the business from the kitchen o...

31 August, 2016 | More »


What freedom means to entrepreneurs

Be the change that you wish to see in the world, said Mahatma Gandhi. And nobody epitomizes this better than India’s young and feisty startup entrepreneurs as they create new businesses, disrupt age-old sectors and change the way people eat, dress, work, shop, travel, relax and enjoy. As India...

12 August, 2016 | More »


Alibaba-owned 9Apps enters shopping aggregation space in India

9Apps, an Android app marketplace owned by Chinese e-commerce bellwether Alibaba Group Holding Ltd, is entering the shopping aggregation space in India. The firm will now offer multiple features on its app for users, along with its existing role as provider of Android apps and games, it said in a st...

2 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 »


ShopClues buys Bangalore-based startup Momoe to build payments biz

Online shopping marketplace ShopClues has acquired Bangalore-based Momoe Technologies Pvt. Ltd, as it looks to build a payments business and better compete with bigger rivals including Flipkart and Amazon. The Gurgaon-based e-commerce company didn’t disclose the financial terms of the part-cash, p...

15 July, 2016 | More »

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