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 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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Exclusive: O2O startup Shopsity shuts down; founder joins Paytm

Danish AhmedYebhi.com co-founder Danish Ahmed’s second venture—Shopsity—also seems to have fizzled out. Shopsity followed an online-to-offline (O2O) retail model and connected customers to fashion retailers in their vicinity. Its website and app are no longer working. Moreover, according to Ahmed’s LinkedIn profile he has joined mobile wallet and e-commerce firm Paytm as vice president of O2O […]

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Freedom is what I seek

Freedom-collageBe the change that you wish to see in the world, said Mahatma Gandhi. And nobody epitomizes this better than India’s young and feisty startup entrepreneurs as they create new businesses, disrupt age-old sectors and change the way people eat, dress, work, shop, travel, relax and enjoy. As India gets set to celebrate its 70th […]

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Freedom is what I seek

Freedom-collageBe the change that you wish to see in the world, said Mahatma Gandhi. And nobody epitomizes this better than India’s young and feisty startup entrepreneurs as they create new businesses, disrupt age-old sectors and change the way people eat, dress, work, shop, travel, relax and enjoy. As India gets set to celebrate its 70th […]

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Five startups led by married co-founders

startupsFinding the right co-founder is one of the toughest jobs while starting a new venture. Finding a life partner is no less difficult. Some entrepreneurs have been enterprising enough to club the two. However, couples founding startups isn’t as counter-intuitive. Those who have tied the double knot say running a startup is somewhat akin to […]

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Mobile-based wholesale marketplace Wydr raises angel funding

Wydr, a mobile wholesale marketplace run by AYN Network Pvt Ltd, has raised an undisclosed amount in an angel investment from entrepreneur and early stage investor Sandeep Aggarwal, co-founder of online marketplace ShopClues and Droom, according to a press release. Wydr was founded by Devesh Rai, a founding team member of ShopClues in July this […]

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