Jan 19, 2015

SHOPCLUES E-COMMERCE STARTUP RAISED $100 MN SERIES D ROUND

SHOPCLUES E-COMMERCE STARTUP RAISED $100 MN SERIES D ROUND

TAGS: SHOPCLUES, FUNDING, TIGER, ECOMMERCE, ONLINE MARKETPLACE STARTUP, REVENUE MODEL, FOUNDERS, WIKI, ABOUT, 

Indian E-Commerce Marketplace ShopClues raised over $100 Million in a Series D round led by Tiger Global. ShopClues.com which was founded in 2011 claims to be India’s first and the largest managed marketplace that connects buyers and sellers online and offers a trusted and safe online shopping experience.

PREVIOUSLY RAISED FUNDS FROM
Nexus Partners
Helion Venture Partners
Beenos

SERIES A - Raised $5 Million
SERIES B - Raised $10 Million

SHOPCLUES VALUATION
$350 Million

ACHIEVEMENTS
Fourth largest Indian online marketplace in terms of GMV (Gross Merchandise Value)

SHOPCLUE NUMBERS
CURRENT: 100,000 sellers , 10 million products online
GOAL : 10 Million Sellers, 1 Billion Products
SMBs : 1 lakh
TRANSACTIONS: 1.5 million transactions per month
EMPLOYEES : 550
CONSUMERS: 70% from Tier 2 & Tier 3
VISITORS: 40 million visitors per month
SHIPS PRODUCTS TO: 2500 CITIES
NET REVENUE:Rs 45.5 crore [FY2014]



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