In the cutthroat world of Indian e-commerce, few tales rival ShopClues’ dramatic downfall. Valued at $1.1 billion in 2016, the Gurugram startup targeted bargain hunters in smaller towns, offering cheap, …
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ShopClues collapse
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ShopClues’ journey from unicorn status to a bargain-bin acquisition reads like a cautionary tale for India’s startup ecosystem. At its 2016 peak, the platform boasted a $1.1 billion valuation, thriving …