ShopClues looks to raise $75-100 mn in pre-IPO round

ShopCluesClues Network Pvt. Ltd, which runs e-commerce company ShopClues, is looking to raise $75-100 million (Rs 490-652 crore) in fresh funding even as it begins discussions with merchant banks for an initial public offering (IPO), a financial daily reported on Tuesday. The transaction is expected to be a mix of primary and secondary components, The […]

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ShopClues investors rally behind Radhika and Sanjay in battle against Sandeep Aggarwal

Sanjay Sethi and Radhika AggarwalShopClues investors have rallied behind the firm’s management led by Radhika Aggarwal and Sanjay Sethi in their showdown with founder and CEO Sandeep Aggarwal—the estranged husband of Radhika—who went public about their marital discord and accused her of stalling his re-entry into the company. The firm’s board has rejected Sandeep’s claims and termed his public […]

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ShopClues co-founder Sandeep Aggarwal accuses wife of stalling his re-entry

Marital discord, it seems, has engulfed another Indian unicorn. This time around, Tiger Global-backed e-commerce marketplace ShopClues’ co-founder and former CEO Sandeep Aggarwal, who stepped down after his arrest in the US for insider trading, has accused his wife, co-founder and chief business officer Radhika Aggarwal, and co-founder and CEO Sanjay Sethi of thwarting his […]

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Meet five women entrepreneurs who overcame the odds

For-Enterpreneur-Story_ThinkstockPhotos-4912451372Taking up entrepreneurship is not easy but it is no longer alien to women in India. Many women have made a mark in the startup ecosystem and have shown what it takes to live their dream. Be it in e-commerce, fashion or digital payments, these women are scripting a success story despite social and cultural […]

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ShopClues appoints former Zopper, Reliance execs to lead marketing, HR

Harneet-Singh_feE-commerce firm ShopClues has appointed Zopper executive Harneet Singh as vice president of marketing and Reliance executive Babu Vittal as head of human resources, a statement issued by the firm said. “Both of them come with solid experience in their respective fields and we look forward to the positive impact of their leadership, dynamism and […]

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E-commerce will mirror physical retail market dynamics: ShopClues co-founders

Sanjay Sethi & Radhika Aggarwal, co-founders, ShopCluesShopClues, an ecommerce marketplace that focuses on non-metro markets, has so far raised around $200 million and half of that amount is still in the bank. The company has plans to expand organically through one or two double-digit million buyouts and smaller technology acquisitions. ShopClues believes catering to the needs of its sellers will be […]

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How women entrepreneurs are smashing the glass ceiling

women_entrepreneursEighty rupees was all it took a group of women five decades ago to start a business that is now a household name in India. Not many will be able to recall the names of those seven women but the story of Lijjat papad is perhaps the most outstanding example of women entrepreneurship in India. […]

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How the art of multitasking helps women entrepreneurs stay ahead of the game

Two weeks ago, in a letter to her daughter Aarti Kochhar that went viral, ICICI Bank MD and CEO Chanda Kochhar narrated her journey that started in the desert city of Jaipur a few decades ago. Kochhar, who was ranked the most powerful businesswoman in India in Forbes’ list of ‘The World’s 100 Most Powerful […]

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How the art of multitasking helps women entrepreneurs stay ahead of the game

Two weeks ago, in a letter to her daughter Aarti Kochhar that went viral, ICICI Bank MD and CEO Chanda Kochhar narrated her journey that started in the desert city of Jaipur a few decades ago. Kochhar, who was ranked the most powerful businesswoman in India in Forbes’ list of ‘The World’s 100 Most Powerful […]

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Outlook 2016: 12 women entrepreneurs to watch out for

OUTLOOK_LEEven as the Bansals and the Yadavs hogged the limelight for the most part of 2015, there was a set of women entrepreneurs silently toiling away to take their startups to the next level. Be it e-commerce or fin-tech, these women did not shy away from the wave of entrepreneurship sweeping the country. And the […]

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