ShopClues - About the company
ShopClues is an acquired company based in Gurugram (India), founded in 2011 by Sandeep Aggarwal, Devesh Rai and Sanjay Sethi. It operates as an Online retailer of fashion, home, kitchen, health, and sports products. ShopClues has raised $250M in funding from investors like Nexus Venture Partners, Helion Venture Partners and Unilazer Ventures, with last known valuation of $1.1B. The company has 27 active competitors, including 2 funded and 4 that have exited. Its top competitors include companies like Flipkart, Snapmint and Next.
Sectors and market segments that ShopClues operate in
ShopClues serves in the Retail market segments.The primary business model of ShopClues is:Company Details
Online retailer of fashion, home, kitchen, health, and sports products. It provides various items, including clothing, footwear, appliances, and accessories. The platform offers options for both retail and wholesale purchasers. It also features weekly online markets and a program to ensure a hassle-free shopping experience.
- Website
- www.shopclues.com/
- Social
- Email ID
- *****@shopclues.com
- Phone Number
- +91 **********
- Registered Address
- Third Floor, Plot No. 94, Sector 44, Institutional Area, DLF QE, Gurgaon, Dlf Qe, Haryana, India, 122002
Legal entities associated with ShopClues
ShopClues is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
CLUES NETWORK, INC. CIN: 5002133 , United States, Active | Jun 23, 2011 | - | - | - |
CLUES NETWORK PRIVATE LIMITED CIN: U52590HR2011PTC055841 , India, Active | Mar 05, 2011 | $3.07M (As on Mar 31, 2025) | 147 (As on Mar 31, 2025) |
ShopClues's acquisition details
ShopClues got acquired by Qoo10 on Oct 31, 2019 at an acquisition amount of $100M.
Click here to take a look at ShopClues's acquisition in detail
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ShopClues's funding and investors
ShopClues has raised a total funding of $250M over 12 rounds. Its first funding round was on 2011. ShopClues has 12 institutional investors.
Here is the list of recent funding rounds of ShopClues:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 21, 2019 | $1.13M | Series E | - | - | - | - |
Aug 10, 2018 | $16.7M | Series E | - | - | ||
Feb 20, 2018 | $1M | Series E | - | - | - |
Access funding benchmarks and valuations. Sign up today!View details of ShopClues's funding rounds and investors
ShopClues' founders and board of directors
Founder? Claim ProfileHere are the details of ShopClues' key team members:
- Sandeep Aggarwal: Founder of ShopClues and founder of 1 other company. They are also an angel investor in 22 startups and serve on the boards of 2 companies.Contact Info: 2 phone numbers
- Devesh Rai: Co-Founder, Corporate Vice President - Business Development of ShopClues.
- Sanjay Sethi: Former Co-Founder of ShopClues. Contact Info: 1 email address
ShopClues' Board of Directors
ShopClues's board has 2 active members. Shijoon Lee and Kil Hyoung Choi are independent board members.Here is the list of ShopClues' board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 4y 2m | |
Independent board member | - | Current | 6y 0m | |
Independent board member | - | Current | 5y 11m | |
Independent board member | - | Current | 4y 2m |
View details of ShopClues's Founder profiles and Board Members
ShopClues' employee count trend
ShopClues has 147 employees as of Mar 25. Here is ShopClues's employee count trend over the years:
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ShopClues's Competitors and alternates
Top competitors of ShopClues include Flipkart, Snapmint and Next. Here is the list of Top 10 competitors of ShopClues, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Online retailer of various products including electronics, fashion, and groceries | $12.1B | 89/100 | ||
2nd | Online retailer of electronics, appliances, fashion, and home and kitchenware | $181M | 76/100 | ||
3rd |  Next 1982, Leicester (United Kingdom), Public | Online retailer of apparel, accessories, homeware, beauty, and furniture | - | 70/100 | |
4th | Online retailer of apparel, accessories, home goods, and electronics | $133M | 68/100 | ||
5th | Online retailer of fashion, home, kitchen, health, and sports products | $250M | 66/100 | ||
6th | Online retailer of home appliances, electronics, laptops, and kitchen appliances | - | - | 25/100 | |
7th |  Market busters Chennai (India), Unfunded | Retailer of various consumer goods, providing online shopping and order fulfillment | - | - | 24/100 |
8th | EMI based purchase loan platform | $5.19M | 24/100 | ||
9th | Retailer of various product categories providing customer support and online forum | - | - | 23/100 | |
10th | Retailer of mobiles, electronics, home appliances, and kitchen appliances | - | - | 21/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on ShopClues's competitors? Click here to see the top ones
ShopClues's Investments and acquisitions
ShopClues has made 2 investments in Ornativa and HeyBiz and acquired Momoe.Here is the list of these investments and acquisitions:
Reports related to ShopClues
Here is the latest report on ShopClues's sector:
News related to ShopClues
Filter this list•
‘Didn't find too many cases’: Piyush Goyal on startups that lost unicorn statusFinancial Express•Jan 03, 2025•Quikr, ShopClues, Hike, Paytm Mall and 4 others
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kindlife.in Secures $8 Mn Series A Funding Round led by JB-Dooeun TK Fund and MIXI Global InvestmentsViestories•Aug 07, 2024•Kindlife, MIXI Global Investments, Kalaari Capital, ShopClues and 2 others
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ShopClues eyes North American, European market with Qoo10’s recent acquisition of WishBusiness News This Week•Jun 24, 2024•ShopClues, Wish Shopping, Qoo10
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Shopclues' e-commerce export business aims for a US $ 100 million run rate by the end of the yearApparelResources•Jun 21, 2024•ShopClues
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Harshvardhan Chauhaan joins Trident Group as CMOBestMediaInfo•Mar 19, 2024•Trident Group, Spencer's Retail, ShopClues
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Shopclues appoints Shrey Srivastava as chief human resource officerFashion Network•May 19, 2023•ShopClues
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Centre Takes Action Against Amazon, Flipkart, Snapdeal, Shopclues And MeeshoIndia.com•May 12, 2023•Amazon, Flipkart, Snapdeal, ShopClues and 1 other
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Shopclues.com Partners With Technix Electronics to Elevate Customer-shopping ExperienceAsian News International•May 11, 2023•ShopClues
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ShopClues Bazaar launches 'Expectedly Thin' Sleek AXL Notebook Laptops at Rs 17990Asian News International•Apr 12, 2023•ShopClues, Axlworld, Modiinfosol
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