Shopclues History

1999-2010

Sandeep Aggarwal made several attempts to be an entrepreneur but none of them worked

2010

September:
Sandeep launches research coverage for MakeMyTrip and visited India several time from Silicon Valley
October:
Sandeep started moonlighting with an idea called DealsClues.com
December:
Sandeep’s vision kept on expanding and idea morphed into ShoppingClues.com

 

2011

January 7th:
Sandeep starts writing the business plan for ShopClues.com during a flight from NCR to Bangalore
February:
Radhika joins ShopClues full-time after several months of part time
March:
Technology development starts; Radhika joins full-time
June:
Sandeep quits his full-time job on Father’s day; Company incorporates in Delaware; Radhika moves to India to start India office
June:
Sanjay joins to team
July:
Mrinal joins as the founding team member; Technology platform is almost ready; team operates from Sandeep’s house in Silicon Valley
August:
Sandeep raises $1.95mil. angel round from his friends & social circle; Chandan starts as the first engineer from Mumbai
Aug to Sep:
Team moves to India and starts operating from Sandeep’s apartment in Gurgaon
October:
ShopClues.com moves to an office in Gurgaon; Devesh Rai joins as founding team and VP of Business Development
Nov. 21st:
ShopClues.com launches as the 35th entrant into Indian E-Commerce under closed beta only via social media; Team size 10

 

2012

January 26th:
ShopClues.com launches its public beta; 14k in Alexa ranking
February:
Reaches 100k Facebook Fans; Team size 25; Raises Series A round of funding
March:
Starts Jaw Dropping Deal & Outrageous Deal; Sells 10k Adidas Deodorants in 24 hours
April:
Reaches 200k Facebook Fans; Sells 10k Adidas Deo in 10 hours
May:
Ships the 50,000th item; Team size 50; Touches 1mm monthly visitors
June:
Ships the 100,000th item; ShopClues out of beta; Team size 100+; Ranks among the top 3 E-Commerce Sites in India by a large & popular online community of online shoppers; 400 in Alexa ranking
July:
Ships over 50k products in single month, 250 in Alexa ranking, Reaches 4k cities since inception
August:
200 in Alexa ranking; Crosses 3k merchants; Launches EMI
September:
Launches Store Manager 2.0; Catalog size crosses 100k products; 500k Facebook Likes; Crosses 2 million monthly visitors
October:
Exceeds 100k orders for the month; Over 1k brands; Launches Gift Wrap service
November:
Total merchant sign-up crosses 5k; Ships 500,000th item
December:
Ships over 4k daily orders; Alexa ranking 130 (1,1590 in global Alexa ranking); Launches Like a Store feature; Reaches 7k+ cities in India from the start; 730k Facebook Likes; Crosses 3mm monthly visitors; Team size 200+

 

2013

January:
Celebrates 1st year anniversary (since public launch); Closes Series B; 124 Alexa ranking; ShopClues is ranked among the 5th largest E-Commerce companies in India
February:
Ships 1 million products since inception, receives two awards for being among the best E-Commerce Sites in India; crosses 900k fans at Facebook; crosses 5kdaily orders; 100 Alexa ranking
March:
Over 6k daily orders; crosses 5 million monthly visitors; 100 Alexa ranking (global top 1,500); reaches 9k cities since inception; over 25 million pages viewed
April:
90 Alexa ranking; team size 250+; 15k+ total merchants; Fashion becomes the largest category first time; catalog crosses over 250k+ products and 1 million + SKUs
May:
1 million Facebook fans for ShopClues
June:
1st ShopClues Seller Summit successfully held at Delhi
July:
12,000 merchants; 1.4mn SKUs; Rs.4,500 crore listed merchandise value; nearly 1000 listing categories; new category Footwear; Y/Y growth north of 650% (probably the fastest in India)
August:
Lakshadweep merchant sets up shop – ShopClues now has a merchant in every Indian state or UT
September:
Launch of National Retail Heritage (NRH) featuring iconic marketplaces of India e.g Nai Sadak
October:
Sandeep steps down as the CEO to deal with his personal situation, continues to provide vision, metorship, guidance