About ShopClues
ShopClues is a Retail company based in Gurugram (India) founded in 2011 by Sandeep Aggarwal and Radhika Aggarwal, and was acquired by Qoo10 in October 2019. Multi-category products are sold via an online marketplace platform. ShopClues has raised $250.03 million across 12 funding rounds from investors including Qoo10, Nexus Venture Partners and Beenos. The company has 93 employees. ShopClues has completed 1 acquisition, including Momoe. ShopClues was last valued at $100 million in October 2019. Its website shopclues.com draws about 812 thousand monthly visits. Its Indian entity Clues Network Private Limited reported revenue of ₹27.60 Cr. ShopClues offers products and services including Mobile Phones, Fashion Items, Home Appliances, and Electronics Gadgets. Its focus areas include Horizontal E-Commerce and Marketplace. Its competitors include Flipkart, Myntra and Nykaa; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Gurugram, India
- Employees 93
- Founders Sandeep Aggarwal, Radhika Aggarwal
- Stage Acquired
- SectorsRetail
- Email••••••••
- Phone•••• ••••
- Website shopclues.com
- Social LinkedIn X Facebook YouTube
- Acquired by Qoo10 (Oct 2019)
- Legal Name Clues Network Private Limited
- Date of Incorporation 05 Mar, 2011
- Jurisdiction Gurugram, Haryana, India
- Annual Revenue₹27.60 Cr
FY 2023 · -55% YoY
- Net Loss-₹34.90 Cr
FY 2023 · -126% margin
- EBITDA-₹33.34 Cr
FY 2023 · -121% margin
- Total Equity Funding$250.03M (USD)
in 12 rounds
- Latest Funding Round$1.13M (USD), Series E
Sep 2019
- InvestorsQoo10
& 13 more
- Employee Count93
- Investments & Acquisitions
- Acquired byQoo10
(Oct 2019)
Associated legal entities of ShopClues
ShopClues operates through Clues Network Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Clues Network Private Limited CIN U52590HR2011PTC055841 | Active | 05 Mar 2011 | Gurgaon, Haryana | ₹27.6 Cr | 192 | 2 | View details |
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
Apps and channels of ShopClues
its YouTube channel ShopClues has 49.1K subscribers and 30 videos.
Videos from ShopClues
The most watched videos on ShopClues's YouTube channel, ShopClues (49.1K subscribers). Click a video to play it here.
More on ShopClues.
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.
- Total Funding $250.03M
- Total Rounds 12
- Last Round Series E — $1.13M
- First Round $250,000
(Jun 2011)
- Investors Count 14
Latest 10 of 12 funding rounds of ShopClues with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2019 | $1.13M | Series E | – | – | |
| Aug 2018 | $16.65M | Series E | – | GIC, Unilazer Ventures | |
| Feb 2018 | $1M | Series E | – | Unilazer Ventures | – |
| Jun 2017 | Series E | – | Brand Capital | – | |
| Apr 2017 | $7.73M | Debt – Venture | – | – | |
| Jan 2016 | $100M | Series E | $1.1B | GIC | |
| Jan 2015 | $100M | Series D | – | Tiger Global Management | |
| May 2014 | $15M | Series C | – | Helion Venture Partners, Nexus Venture Partners | – |
| Mar 2013 | $10M | Series B | – | Helion Venture Partners, Nexus Venture Partners | – |
| Jan 2012 | $4M | Series A | – | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Jan 2016 | $1.1B | •••••••• |
Last known valuation $100M (Oct 2019). 14 investors in total: 14 institutional.
Investors in ShopClues
ShopClues has secured backing from 14 investors, including venture fund investors. Prominent investors backing the company include Qoo10, Nexus Venture Partners and Beenos.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm that partners with entrepreneurs for product-first companies. | 2006 | nexusvp.com | Menlo Park, United States | |
Venture and private equity investments are managed with global diversification. | tigerglobal.com | New York, United States | ||
Sovereign wealth is managed and private equity investments are facilitated. | gic.com.sg | Singapore, Singapore | ||
Early- and late-stage investments are managed by Unilazer Ventures. | 1991 | unilazer.com | Mumbai, India | |
Venture capital investment firm | z47.com | Bengaluru, India | ||
Investments in early-stage startups are made by Brand Capital. | brandcapital.co.in | Mumbai, India | ||
Venture debt financing is extended to companies across multiple sectors. | 2008 | innovencapital.com | Mumbai, India | |
Early to late-stage venture capital is invested in Indian sectors. | helionvc.com | Gurugram, India | ||
Seed-stage tech-focused VC Firm funding companies in Asia, the Middle East and the US | 1999 | beenos.com | Tokyo, Japan | |
Early-stage healthcare investments are managed by LionBird venture capital firm. | lionbird.com | Tel Aviv, Israel |
Investor details for ShopClues
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Clues Network Private Limited (ShopClues)
Clues Network Private Limited is the primary company behind ShopClues. The board of Clues Network Private Limited currently have 2 directors; the longest-serving is Anuraag Gambhir, appointed in 2021. 16 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Anuraag Gambhir DIN 09427781 | Director | 07 Dec 2021 | 4 yrs 11 mo | Clues Network Private Limited |
| Tombo Chishi DIN 09437757 | Director | 31 Dec 2021 | 4 yrs 10 mo | Clues Network Private Limited |
People of ShopClues
2 people are tracked at ShopClues (2 in leadership); the tracked headcount is 93.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
Radhika Aggarwal | Co-Founder | Leadership |
Complete people profiles for ShopClues
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of ShopClues
Figures of Clues Network Private Limited, the primary company behind ShopClues, for FY 2023. Revenue was ₹27.60 Cr (-55% year on year). Net loss was -₹34.90 Cr (-126% margin). EBITDA was -₹33.34 Cr (-121% margin). Revenue has grown at a compounded annual rate of -34% over three years and -37% over five years.
- ₹27.60 CrRevenue · FY 2023 · -55% YoY
- -₹34.90 CrNet loss · -126% margin
- -₹33.34 CrEBITDA · -121% margin
- ₹48.1 LakhPaid-up capital
- 192Employees (provident fund records)
- -34%Revenue CAGR, 3 years
- -37%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Clues Network Private Limited are on its company page.
Detailed financial statements for ShopClues
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
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.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
App-based digital wallet platform for consumer payments | momoe.in | Bengaluru, India | 2014 | Jul 2016 | •••• |
Complete acquisition details for ShopClues
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of ShopClues
6 dated milestones of ShopClues across 8 years, from founding to its latest funding, stage changes and deals.
Competitors of ShopClues
ShopClues has 3 listed competitors in our database, 3 of them funded. They include Flipkart, Myntra and Nykaa.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| flipkart.com | 2007 | Bengaluru, India | $12.12B | 8,446 | Multi-category consumer products are offered via an online marketplace platform. | |
| myntra.com | 2007 | Bengaluru, India | $123.71M | 1,119 | Fashion and lifestyle products are offered via an online marketplace. | |
| nykaa.com | 2012 | Mumbai, India | $88.91M | 7,053 | Cosmetics, skincare, haircare, and wellness products are retailed online. |
Detailed competitors of ShopClues
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of ShopClues
The website of ShopClues (shopclues.com) receives about 812K visits a month.
- Monthly visits812K
▼ 8.9% vs previous month
Websites whose visitors overlap most with ShopClues. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| snapdeal.com | 100% | 7.7M | #6,265 | View details | |
| flipkart.com | 74% | 215.3M | #127 | View details | |
| amazon.in | 64% | #48 | View details | ||
croma.com | croma.com | 62% | #3,112 | – | |
| ebay.com | 62% | 666.1M | #42 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for ShopClues
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Marketplaces & General E-Commerce
2 companies that operate in the same segment as ShopClues (Marketplaces & General E-Commerce) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Multi-category consumer products are offered via an online marketplace platform. | 2007 | Bengaluru, Karnataka, India | USD 12.12 B | USD 9.83 B | 18,938 | |
Fashion and lifestyle products are offered via an online marketplace. | 2007 | Bengaluru, Karnataka, India | USD 123.71 M | USD 639.15 M | 1,031 |
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Related news about Shopclues
Complete news archive for ShopClues
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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. The company's 1st funding round was a Series A of $4M, raised on Jun 2011.
ShopClues has 93 employees.
The primary company behind ShopClues, Clues Network Private Limited, reported revenue of ₹27.60 Cr for FY 2023, down 55% year on year.
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 14 investors. Key investors include Qoo10, Nexus Venture Partners, Beenos, Unilazer Ventures, and Unilazer Ventures.
The valuation of ShopClues is $100M as of Oct 2019.
ShopClues operates through Clues Network Private Limited.