Back to feeds

Inactive

Stealth • 7m

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 couldn’t keep up with the big players. - Lost its unique edge by expanding into mobile phones and electronics, where it simply couldn’t compete. - Sold low-quality, counterfeit products, tarnishing its reputation. - Internal scandals and leadership drama, including founder spats, hurt its public image. - Failed to raise enough funds. Investors turned their attention elsewhere. - Founder Sandeep Aggarwal left in 2014, taking his guidance with him. By 2019, ShopClues was sold to Qoo10 for a mere $70-100 million, a shadow of its former unicorn status. -- found it interesting ? Let's connect -- 📌 I'm dev, 17 yo CEO at Impact, crossed 2.5 million AGR as of 2023-24' and currently building Just± - the business application for startup and msme's 🦄

1 replies8 likes
Replies (1)

More like this

Recommendations from Medial

Image Description
Image Description

Jaswanth Jegan

Stealth • 5m

“How the Founder’s Divorce made the company fail ” Billions To Bankruptcy #10 ShopClues was founded by husband-wife duo Sandeep Aggarwal and Radhika Aggarwal in 2011.They quickly gained traction by targetied India’s Tier 2 and Tier 3 markets which

See More
20 replies12 likes
1
Image Description
Image Description

Wild Kira

Stealth • 2m

Why ShopClues Failed? Authenticity Issues: ShopClues aimed to provide urban products to rural & suburban customers, but complaints about counterfeit items damaged trust & hurt the brand’s reputation, undermining their good intentions. Quality Conce

See More
7 replies11 likes
2

Harshajit Sarmah

Stealth • 3m

Telegram generated $342.5 million in 2023, with over 40% coming from cryptocurrency transactions, including its integrated wallet and the sale of collectibles. Telegram sold $243.5 million worth of Toncoins before a price drop, demonstrating active

See More
0 replies4 likes

BUZZBYTE

Stealth • 1m

Chinese food delivery and lifestyle e-commerce platform Meituan has sold over $200 million worth of its stake in Swiggy to a US-based investor in a secondary deal, according to three sources who spoke to Entrackr. Meituan first invested in the Bengal

See More
0 replies2 likes
1
Image Description
Image Description

Harsh Dwivedi

 • 

Medial • 18d

Unacademy was once valued at $3 Billion and above and has raised more $800 Million till date might get sold for $800 Million. If the deal goes through, Unacademy's founders are expected to exit the company. I think Allen is buying just Unacademy and

See More
10 replies19 likes
Image Description
Image Description

VCGuy

Stealth • 6m

Received 9 calls today from Paisabazaar, RBL Bank, and Bajaj Finance. I block the number each time, but they always call from a new one. I've set DND everywhere and repeatedly asked them not to call, but it doesn't seem to work. If someone makes a

See More
6 replies14 likes
1

Mahendra Lochhab

Stealth • 4m

The Indian film industry, also known as Bollywood, is one of the world's largest film industries. It's the biggest in terms of the number of films produced and tickets sold, and employs over 2 million people.

0 replies6 likes

Shuvodip Ray

 • 

YouTube • 5m

The new series 'Pill' on JioCinema Premium, starring Riteish Deshmukh, has garnered attention for its portrayal of the dark side of the pharmaceutical industry. The show, created by Rajkumar Gupta, is praised for its thought-provoking content and Des

See More
0 replies7 likes
Image Description
Image Description

Mehul Fanawala

 • 

The Clueless Company • 6m

Every startup idea seems brilliant until it meets its first customer. Lesson learned: Don’t marry your idea; date it and be willing to swipe left.

7 replies13 likes
1
Anonymous

Japan-based AC maker Daikin expects to manufacture two million units in India and plans to explore more export opportunities by establishing India as its manufacturing base. According to Daikin Airconditioning India Chairman and Managing Director Ka

See More
0 replies3 likes

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