ShopClues, run by Clues Network Pvt. Ltd, has raised about Rs110 crore, its co-founder Sanjay Sethi said, even as the struggling marketplace seeks to preserve cash and scout for a buyer. For now, the Gurugram-based company, which has seen a drop in daily orders in the last two months, is depending on new initiatives for monetization.
Start your deal-making journey now!
Subscribe now to enjoy unlimited access at just $59.
Premium coverage on private equity, venture capital, and startups in Asia.
Exclusive scoops from our reporters in nine key markets.
In-depth interviews with industry leaders shaping the ecosystem.
Already a Subscriber? Log in
Contact us for corporate subscriptions at subs@dealstreetasia.com