Shopclues history

07th JanuarySandeep writes a business plan for ShopClues.com in Silicon

Valley
FebruaryTechnology development starts in Silicon Valley; Self funded
operations
Mar to Jun:Radhika and Sanjay join the team
JuneSandeep quits his full-time job on Fathers day; Company incorporates
in Delaware; Radhika moves to India to start India office
JulyMrinal joins the team; Technology platform is ready
AugustAngel round is raised
August to SeptemberTeam moves to India and starts operating from
Sandeeps apartment in Gurgaon
OctoberShopClues.com moves to an office in Gurgaon; technology and
operations being developed
November 21stShopClues.com launches under closed beta only via social
media; Team size 10
2012
January 26thShopClues.com launches its public beta; 14k in Alexa ranking
FebruaryReaches 100k Facebook Fans; Team size 25; Raised Series A
MarchStarted Jaw Dropping & Outrageous Deals; Sold 10k Adidas
Deodorants in 10 hours
AprilReached 200k Facebook Fans; Sold 10k Adidas Deo in 10 hours
MayShipped the 50,000th item; Team size 50; Came out of beta; Touched
1mm visitors
JuneShips 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
JulyShipped over 50k products in single month, Opened fulfillment center in
Mumbai; 250 in Alexa ranking; Reached 4k cities since inception

AugustCatalog size crossed 100k unique products; Started offering EMI; 220
in Alexa ranking, reached 5k cities since inception
SeptemberLaunched Store Manager 2.0 for merchants; Reached 500k
Facebook Fans; Reached 2mm visitors for the month; 190 in Alexa ranking,
Reached 6k cities since inception
OctoberShipped over 100k products in single month, Team size crossed 150;
170 in Alexa ranking, Reached 7k cities since inception
NovemberTotal merchant sign-up crosses 5k; Ships 500,000th item
DecemberShips over 4k daily orders; Alexa ranking 130 (1,890 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
JanuaryCelebrates 1st year anniversary (since public launch); Closes Series
B; 124 Alexa ranking
FebruaryShips 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
MarchOver 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
April90 Alexa ranking; team size 250+; 8k+ total merchants; Fashion
becomes the largest category first time; catalog crosses over 250k+ products
and 1 million + SKUs
May1 million Facebook fans for ShopClues
June1st ShopClues Seller Summit successfully held at Delhi
July12,000 merchants; 1.4mn SKUs; Rs.4500 crore listed merchandise value;
nearly 1000 listing categories; new category Footwear
AugustLakshadweep merchant sets up shop ShopClues now has a merchant
in every Indian state or UT

SeptemberLaunch of National Retail Heritage featuring iconic marketplaces

of India
OctoberSanjay Sethi appointed new CEO; ShopClues.com moves to new
office in Gurgaon; team size +400
NovemberRecords bumper sale during festive season
DecemberReports gross margin positive break even by Q1 2015
2014
JanuaryCelebrates 2nd year anniversary (since public launch); 57 Alexa
ranking. 1.3 million FB fans, 32,000 merchants, Rs.350cr in GMV
FebruaryShopClues launches revolutionary Express Checkout feature
MarchShopClues launches Indias first Wholesale Marketplace