Shopclues Secures $100mn Led By Tiger Global

Online marketplace Shopclues has secured $100mn in Series C funding led by Tiger Global partners at a valuation of $350 million. This takes the total amount raised by Shopclues to $115mn (last round was $10mm from Helion, Nexus) .shopclues

Shopclues has been through turbulent times in the past, but the focus on local SMEs has helped them steer through the well-funded ecommerce space.

Read : The Worst is Behind Us & We Are Beating Targets: ShopClues CEO Sanjay Sethi [Interview]

#ShortNews: News you could use, useful data and actionable insights in a crisp and easy format. (Feedback:team@nextbigwhat.com)

What do you think?

15 points
Upvote Downvote

Total votes: 0

Upvotes: 0

Upvotes percentage: 0.000000%

Downvotes: 0

Downvotes percentage: 0.000000%

Weekly Summary

Weekly Roundup : Uber Rape Victim to Sue Cab Service, Zomato Enters US, Google Launches Flight Search And More

Andromium Raises Funds (Kickstarter) To Turn Smartphones Into PCs