Business Standard

Shopclues

Top e-commerce platforms to stop selling seat belt alarm stopper clips

Amazon, Flipkart, Meesho, Snapdeal, and Shopclues had this item listed for sale

Top e-commerce platforms to stop selling seat belt alarm stopper clips
Updated On : 12 May 2023 | 3:48 PM IST

Fall again, rise again: The turbulent life story of Sandeep Aggarwal

Aggarwal comes across as neither arrogant of his achievements nor dismissive of his failings

Fall again, rise again: The turbulent life story of Sandeep Aggarwal
Updated On : 05 Dec 2020 | 11:12 AM IST

US DoJ drops charges against Droom founder in insider trading case

"This lasted for almost seven years. But I am very grateful that in the end it was the rightful and just call by the DoJ to drop all charges unconditionally," said Aggarwal.

US DoJ drops charges against Droom founder in insider trading case
Updated On : 19 Feb 2020 | 9:57 PM IST

E-commerce platform ShopClues narrows losses to Rs 68.58 crore in 2018-19

The company, which is registered as Clues Network, had registered a loss of Rs 208.14 crore in 2017-18, according to documents sourced by business intelligence platform Tofler.

E-commerce platform ShopClues narrows losses to Rs 68.58 crore in 2018-19
Updated On : 27 Dec 2019 | 12:36 AM IST

Valued at $1 billion in heyday, ShopClues sold for just about $100 million

After multiple attempts at selling itself, including to larger e-commerce player Snapdeal, ShopClues has found a buyer in Singapore-based e-commerce platform Qoo10 in an all-stock deal

Valued at $1 billion in heyday, ShopClues sold for just about $100 million
Updated On : 01 Nov 2019 | 1:54 AM IST

Domestic e-tailer ShopClues to merge with Singapore-based Qoo10

ShopClues has 350 employees as of now, and there will be no change in modus operandi for either company

Domestic e-tailer ShopClues to merge with Singapore-based Qoo10
Updated On : 31 Oct 2019 | 10:14 PM IST

Clueless on where to get funds, ShopClues may shut shop in a few months

The company does not have much cash in bank; 150 more employees likely to be laid off

Clueless on where to get funds, ShopClues may shut shop in a few months
Updated On : 20 Jul 2019 | 11:35 PM IST

ShopClues narrows losses to Rs 2.08 bn in Q2, revenue up by 50%

During the fiscal, the online marketplace spent Rs 1.11 billion towards employee benefits as compared to Rs 1.208 billion in the previous fiscal

ShopClues narrows losses to Rs 2.08 bn in Q2, revenue up by 50%
Updated On : 29 Oct 2018 | 8:38 PM IST

ShopClues raises $16 mn from its investors, could break-even by Diwali: CEO

ShopClues generates about 20 per cent of its revenue from its technological and operational services and is growing 100 per cent quarter-on-quarter, says Sanjay Sethi

ShopClues raises $16 mn from its investors, could break-even by Diwali: CEO
Updated On : 10 Aug 2018 | 10:51 PM IST

Shopclues hires Deepak Sharma as new CFO as it prepares for IPO

---Ask the reporter to reconfirm the highlit portion in the pernultimate para; one of thew two figures seems odd)---Shopclues, an e-commerce marketplace that is focused on winning markets in tier-II and tier-III cities, is preparing for an Initial Public Offer (IPO) of equity. And, has appointed former V-Mart Retail executive Deepak Sharma as chief financial officer.Sharma was CFO of V-Mart and led the company through its IPO in 2013. A chartered accountant, he has 24 years of experience, having worked with Punj Lloyd and Mitsui & Co."He will bring greater velocity in achieving bottom line profitability and prepare the organisation for a successful IPO," said Sanjay Sethi, chief executive of Shopclues.At the start of the year, Shopclues had said it was pushing back its plan for an IPO in 2018, due to the detrimental effect of demonetisation (from early November) on its business. Now, the IPO plan seems to have returned, despite the founders being engaged in a dispute among ...

Shopclues hires Deepak Sharma as new CFO as it prepares for IPO
Updated On : 21 Jul 2017 | 10:12 PM IST

250 resignations at ShopClues in 4 months, firm calls it natural attrition

Some of the exits were linked to performance appraisals as well

250 resignations at ShopClues in 4 months, firm calls it natural attrition
Updated On : 19 May 2017 | 2:09 AM IST

ShopClues launches new payment service for its merchants

Express Payout service allows merchants to get up to 80% of their pending payment in advance

ShopClues launches new payment service for its merchants
Updated On : 28 Mar 2017 | 7:55 PM IST

ShopClues crisis and the saga of a Facebook post gone horribly wrong

Radhika was 19 when she met Sandeep, a couple of years her senior, at a college in Indore

ShopClues crisis and the saga of a Facebook post gone horribly wrong
Updated On : 17 Mar 2017 | 12:36 PM IST

ShopClues eyes operating profits

The company launched the 'ShopClues Surety Program'

ShopClues eyes operating profits
Updated On : 17 Mar 2017 | 1:40 AM IST

Shopclues' Sandeep Aggarwal says he wants 'justice'

In FY16, it suffered a loss of Rs 383.05 crore, compared to Rs 101.37 crore the previous year

Shopclues' Sandeep Aggarwal says he wants 'justice'
Updated On : 15 Mar 2017 | 1:18 AM IST

ShopClues board backs Radhika Aggarwal, Sanjay Sethi

ShopClues board said the company's goal is to create value for all stakeholders

ShopClues board backs Radhika Aggarwal, Sanjay Sethi
Updated On : 14 Mar 2017 | 11:05 PM IST

ShopClues' Aggarwal files defamation case against wife, Sethi

ShopClues, valued at $1 bn last yr, is an online marketplace focussed on tier-II and -III cities

ShopClues' Aggarwal files defamation case against wife, Sethi
Updated On : 14 Mar 2017 | 2:41 AM IST

ShopClues aims at early profits and hyperlocal biz

For Shopclues, demonetisation helped in preponing their targets

ShopClues aims at early profits and hyperlocal biz
Updated On : 10 Dec 2016 | 10:21 PM IST

ShopClues plans Nasdaq listing, increase its offline reach

With last investment round in January, ShopClues is valued at around Rs 7,100 crore

ShopClues plans Nasdaq listing, increase its offline reach
Updated On : 07 Dec 2016 | 1:47 AM IST

Shopclues to target flea market shoppers

On Tuesday, the company said it was launching the next series of sales, including an eight-day 'flea market sale'

Shopclues to target flea market shoppers
Updated On : 12 Oct 2016 | 12:26 AM IST