ShopClues is an Indian online marketplace founded in 2011 by Sanjay Sethi, Sandeep Aggarwal and Radhika Aggarwal. It operates as a managed marketplace and shipping products to over 25k cities across India. ShopClues has over 12,000 registered merchants, 200,000 products listed, and serves 42 million annual visitors. In 2019, it was acquired by Singapore-based Qoo10 for approximately $70 million.
ShopClues is an Indian online marketplace founded in 2011 by Sanjay Sethi, Sandeep Aggarwal and Radhika Aggarwal. It operates as a managed marketplace and shipping products to over 25k cities across India. ShopClues has over 12,000 registered merchants, 200,000 products listed, and serves 42 million annual visitors. In 2019, it was acquired by Singapore-based Qoo10 for approximately $70 million.
ShopClues is an Indian online marketplace founded in 2011 by Sanjay Sethi, Sandeep Aggarwal and Radhika Aggarwal. It operates as a managed marketplace and shipping products to over 25k cities across India. ShopClues has over 12,000 registered merchants, 200,000 products listed, and serves 42 million annual visitors. In 2019, it was acquired by Singapore-based Qoo10 for approximately $70 million.
par. ➢ Shop clues ki confidence market ke daam din se leke dong ting se leke tong on shopclues.com ➢ GOOD AFTERNooN ➢ TO ONE AND ALL PRESENT Here RESPECTED TEACHERS ALL MY DEAR FRND TODAY WE ARE STANDING Here TO GIVE A PRESENTATION ON SHOPCLUES AND MY TEAM MATES ARE KUNAL DEV AND I SAKIB ➢ SO LETS START WITH A INTRODUCTIONN OF SHOPCLUES ➢ ShopClues is an Indian online marketplace, owned by Clues Network Pvt. Ltd. ➢ The company was started in July 2011 by there founders . there founder are ➢ Sanjay Sethi, ➢ Sandeep Aggarwal ➢ Radhika Aggarwal. ➢ After the 2011 company was gain so much share in a market . ➢ In 2015, ShopClues was valued at US$1.1billion, with there major investors like ➢ Tiger Global, ➢ Helion Ventures, ➢ Nexus Venture Partners. ➢ ShopClues is an online retail website and its head quarteres is in Gurugaram, India. ➢ ShopClues was the first e-commerce website in India that operated on the managed marketplace. ShopClues joined as 35th entrant in the Indian e- commerce in 2011. ➢ Over 12,000 registered merchants retail are there. 2,00,000+ products are there on the Shop Clues platform and over 42 million visitors every year. ➢ ShopClues ships in over 25k cities across India and has thousands of online stores. The company is run by an energetic team of over 1100+ people and is funded by leading institutional investors. ➢ ShopClues aims to provide the best online shopping experience to its customers - starting from the great selection, low price, ease of use, fast delivery, and ending with the best customer service you have ever experienced. ➢ ShopClues provides unstructured categories of home and kitchen, fashion, electronics and daily utility items. Around 70% of its Gross Merchandising Value (GMV) is received from Tier – II and Tier – III cities
➢ . In 2019, the company was acquired by Singapore-based Qoo10 in an all-stock
deal valued at approximately US$70 million, representing one of the largest valuation meltdowns for an Indian-based startup. It is India’s first and largest managed marketplace with a platform approach,empowering brands and retailers to exploit the E-Commerce opportunities ➢ Tier 2 city pop As per RBI’s classification, tier-II cities are those with a population of 50,000-99,999 =Ghaziabad/Bhopal/Amritsir Tier 3 According to RBI’s classification, tier-III cities have populations between 20,000 and 49,999 people. =Etawah/Roorkee/Rajamundry/Bhatinda/Hajipurpeople. Shopclues reported a revenue of INR 97 Cr in the financial year 2020
Sanjay Sethi Chief Executive Officer of ShopClues
GMV = Sales Price of Goods x Number of Goods Sold.
Shop clues ki confidence market ke daam din se leke dong ting