ShopClues gets fresh fund, valuation rises to $1.1 bn

The e-commerce marketplace says this was its last round of fund raising and its future plans include an IPO


Shopclues, the e-commerce marketplace focused on budget customers in Tier-II and Tier-III cities on Tuesday said its valuation rose to $1.1 billion, making it a ‘Unicorn’ (companies valued at $1 billion or more). The valuation is on the basis of fresh funds the company raised from Sing

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First Published: Jan 12 2016 | 2:26 PM IST

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