About ShopClues
ShopClues is a company based in Gurugram (India) founded in 2011 by Sandeep Aggarwal and Radhika Aggarwal was acquired by Qoo10 in October 2019. ShopClues has raised $250.03 million across 12 funding rounds from investors including Qoo10, Nexus Venture Partners and Beenos. The company has 192 employees as of April 06, 2024. ShopClues has completed 1 acquisition, including Momoe. ShopClues offers products and services including Mobile Phones, Fashion Items, Home Appliances, and Electronics Gadgets. ShopClues operates in a competitive market with competitors including Flipkart, Myntra, Nykaa, Amazon and Snapdeal, among others.
- Headquarter Gurugram, India
- Employees 192 as on 06 Apr, 2024
- Founders Sandeep Aggarwal, Radhika Aggarwal
- Stage Unicorn
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Sectors
Retail
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Clues Network Private Limited
- Date of Incorporation 05 Mar, 2011
- Jurisdiction Gurugram, Haryana, India
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Annual Revenue
$3.32 M (USD)-55.13as on Mar 31, 2023
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Net Profit
-$4.2 M (USD)30.53as on Mar 31, 2023
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EBITDA
-$4.01 M (USD)27.26as on Mar 31, 2023
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Total Equity Funding
$250.03 M (USD)
in 12 rounds
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Latest Funding Round
$1.13 M (USD), Series E
Sep 21, 2019
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Investors
Qoo10
& 10 more
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Employee Count
192
as on Apr 06, 2024
- Investments & Acquisitions
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Acquired by
Qoo10
(Oct 31, 2019)
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Products & Services of ShopClues
ShopClues offers a comprehensive portfolio of products and services, including Mobile Phones, Fashion Items, Home Appliances, and Electronics Gadgets.
Platform for buying smartphones and accessories online
Online selection of clothing and accessories for men and women
Range of appliances like refrigerators and kitchen tools
Shopping for laptops, headphones, and other tech devices
Funding Insights of ShopClues
ShopClues has successfully raised a total of $250.03M across 12 strategic funding rounds. The most recent funding activity was a Series E round of $1.13 million completed in September 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in ShopClues
ShopClues has secured backing from 11 investors, including venture fund investors. Prominent investors backing the company include Qoo10, Nexus Venture Partners and Beenos.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm that partners with entrepreneurs for product-first companies.
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Venture and private equity investments are managed with global diversification.
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Sovereign wealth is managed and private equity investments are facilitated.
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Locked | Locked | Locked |
Investor details for ShopClues
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by ShopClues
ShopClues has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Momoe.
Investment portfolio details for ShopClues
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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App-based digital wallet platform for consumer payments
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Locked | Locked | 2014 | Locked |
Complete acquisition details for ShopClues
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - ShopClues
Detailed financials for ShopClues
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
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- Profit trends
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Shopclues Comparisons
Peer comparison for ShopClues
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- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
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Competitors of ShopClues
ShopClues operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Flipkart, Myntra, Nykaa, Amazon and Snapdeal, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
Multi-category consumer products are offered via an online marketplace platform.
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Fashion and lifestyle products are offered via an online marketplace.
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Cosmetics, skincare, haircare, and wellness products are retailed online.
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| Locked | Locked | Locked |
Multi-category products are offered through an online marketplace.
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| Locked | Locked | Locked |
Discounted products across multiple categories are sold online.
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| Locked | Locked | Locked |
Online marketplace platform offering multi-category consumer products
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Detailed competitors of ShopClues
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- Domains and locations
- Full company profiles
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- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Shopclues
Complete news archive for ShopClues
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- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Frequently Asked Questions about ShopClues
ShopClues was founded in 2011.
ShopClues is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
ShopClues is a funded company, having raised a total of $250.03M across 12 funding rounds to date.
As of Apr 06, 2024, the latest employee count at ShopClues is 192.
Annual revenue of ShopClues is $3.32M as on Mar 31, 2023.
ShopClues was established in 2011 and is headquartered in Gurugram, India. An online marketplace is operated, featuring a diverse catalog that encompasses electronics, apparel, home and kitchen items, sports goods, watches, and essentials. Accessibility is provided through a mobile application compatible with Android and iOS devices. The platform serves consumers across various sectors in the e-commerce domain.
ShopClues offers Mobile Phones, Fashion Items, Home Appliances, and Electronics Gadgets.
ShopClues has made 1 acquisition, including Momoe.
ShopClues has 11 investors. Key investors include Qoo10, Nexus Venture Partners, Beenos, Unilazer Ventures, and InnoVen Capital.
The valuation of ShopClues is $1.1B as of Jan 2016.