Back

Wild Kira

/Internet_ย โ€ขย 7m

Why ShopClues Failed? Authenticity Issues: ShopClues aimed to provide urban products to rural & suburban customers, but complaints about counterfeit items damaged trust & hurt the brandโ€™s reputation, undermining their good intentions. Quality Concerns: ShopClues faced backlash not only for counterfeit products but also for poor quality. Despite offering discounts, customers were disappointed with subpar items. Common issues included scams, delayed deliveries, & refund difficulties, exacerbated by unhelpful or poor customer support. Internal Controversies: Scandals surrounding founder Sandeep Agarwal, including insider trading allegations & public fights with his estranged wife, distracted from business & damaged the companyโ€™s reputation. Increased Competition: Major players like Amazon & Flipkart built consumer trust and captured market share, while ShopClues failed to differentiate itself, resulting in a loss of relevance and customers. What you learn from their mistake? Comment

7 replies11 likes
2
Replies (7)

More like this

Recommendations from Medial

Image Description
Image Description

Jaswanth Jegan

Founder-Hexpertify.c...ย โ€ขย 10m

โ€œHow the Founderโ€™s Divorce made the company fail โ€ Billions To Bankruptcy #10 ShopClues was founded by husband-wife duo Sandeep Aggarwal and Radhika Aggarwal in 2011.They quickly gained traction by targetied Indiaโ€™s Tier 2 and Tier 3 markets which

See More
20 replies12 likes
2
Image Description

Inactive

AprameyaAIย โ€ขย 11m

ShopClues, once a promising Indian e-commerce startup, faced a spectacular downfall Short case study for Medial-os! - Fierce competition from Amazon and Flipkart left ShopClues in the dust. They just couldnโ€™t keep up with the big players. - Lost

See More
1 replies8 likes
Image Description
Image Description

Vivek kumar

On medialย โ€ขย 4m

Hereโ€™s a quick list of failed Indian startups: 1. Zilingo โ€“ Shut down due to financial mismanagement. 2. Fynd โ€“ Failed due to stiff competition and unsustainable profits. 3. Katerra India โ€“ Shutdown due to poor execution and market adaptation is

See More
12 replies13 likes
10
Image Description

Satyam Kumar

"Turning visions int...ย โ€ขย 1m

Why Do Most Startups Fail? A. No Market Need... B. Running Out of Cash... C. Weak Business Model.... D. Bad Team.... E. Tough Competition.... F. Pricing Issues... G. Poor Marketing... H. Ignoring Customers.. I. Scaling Too Fast... J. Legal & Regulat

See More
1 replies6 likes
1
Image Description
Image Description

Vivek kumar

On medialย โ€ขย 4m

Successful Startups (2024) 1. Perplexity AI: Generative AI search engine, $165M funding, rapid growth. 2. Overjet: AI-driven dental care, $134M funding, FDA-cleared. 3. SecureSave: Employer-based emergency savings, significant fintech success.

See More
7 replies13 likes
5
Image Description

PRATHAM

Experimenting On lea...ย โ€ขย 1y

Most common Reasons why most start-ups failed in India โ€ผ๏ธ๐Ÿค” โ€ข Lack Of Market ( TAM , PMF ) โ€ข Poor Management and leadership โ€ข insufficient funding and poor finances โ€ข inability to pivot โ€ข intense Competition โ€ข Regulatory Challenges โ€ข Product i

See More
3 replies3 likes
2
Image Description
Image Description

Akshay Pk

CTOย โ€ขย 4m

Startups are celebrated, but twice as many failed last year. What do you think is the main reason? Is it poor planning, market fit, or leadership issuesโ€”or something deeper? Let me know your thoughts on why startups struggle and what can be done to t

See More
5 replies6 likes
Image Description
Image Description

Medial Startup Trivia

Trivias Around start...ย โ€ขย 6m

๐Ÿšจ Drama Alert: ShopClues Founder Files FIR Against Wife & CEO! Sandeep Aggarwal, the founder of ShopClues, just dropped a bombshell by filing a First Information Report (FIR) against his estranged wife, Radhika Aggarwal, and the companyโ€™s CEO, Sanj

See More
3 replies28 likes
5

Rohan Saha

Founder - Burn Inves...ย โ€ขย 2m

Byju's is making significant efforts to save itself, but nothing seems to be working. You can rectify a company's poor performance once, but if its reputation is tarnished, it may never recover. Byju's has failed badly in this regard. Their customer

See More
0 replies6 likes
Image Description
Image Description

Shashank

One step at a time, ...ย โ€ขย 1m

Hello! I would love to hear your valuable feedback on our idea. The idea is : We aim to provide home repair services (such as electricians, plumbing, etc.) to customers within 30-40 minutes of their request. The Pain Points We are solving: 1. No

See More
2 replies3 likes

Download the medial app to read full posts, comements and news.