ShopClues is an online marketplace owned by Clues Network Pvt. Ltd. It was established in July 2011 in Silicon Valley by Sanjay Sethi, Sandeep Aggarwal and Radhika Aggarwal. Based in Gurgaon, India, the company claims to have over 6 lakh merchants and 2.8 crore products on its platform, serving over 32,000 pincodes across the country.
Valued at US$1.1 billion, ShopClues has Tiger Global, Helion Ventures, and Nexus Venture Partners as major investors. It is an e-commerce site. Unfortunately the site has been not been able to catch up with e-commerce businesses like Flipkart and Amazon. The site has had a number of complaints both from customers and from other businesses claiming that the site is selling fake products.