close

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

Bengaluru
Image
Premium

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
Or

Also Read

More e-commerce firms under ED lens

Freshdesk, Grofers and OYO Rooms are next unicorns

Nasscom asks commerce ministry to direct states for unified e-commerce tax regime

Payments in e-commerce the next big thing

Sector to govt: Do not define e-commerce, just make it free

Rent a fashionable wardrobe for those special occasions with Flyrobe

OYO Rooms forays overseas, launches operations in Malaysia

Wishup receives seed funding from TracxnLabs, 500 Startups

X5 Retail to raise $10 million in first external funding round

Merchant discovery platform Crown-it partners OYO Rooms

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

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers. Already a BS Premium subscriber?LOGIN NOW

Register to read more on Business-Standard.com