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Sanjay Sethi

Retail industry reacts to the Union Budget 2018

In his last full budget before general elections in 2019, Finance Minister Arun Jaitley reduced corporate tax for 99 percent of the companies to 25 percent.In keeping with his earlier announcement of reducing corporate taxation rate to 25 per...

Merchant Mahotsav at ShopClues: An appreciation event for the e-commerce giant’s top merchants

ShopClues, India’s first and largest e-commerce marketplace with its 6-lakh merchant base launched Bharat’s first ever Merchant Mahotsav on December 14, at ShopClues corporate office in Gurgaon. The event was the online retailer’s way of showcasing and honouring the contribution...

ShopClues launches Baton, its first exclusive fashion label for men

ShopClues, one of India’s largest managed online marketplaces with a strong focus on fashion, has introduced its first exclusive fashion label for men, Baton. Baton is for the price conscious yet high-on-fashion-quotient consumers, in the age group of 18 to 36 years. The...

On its run up to an IPO, ShopClues appoints Deepak Sharma as CFO

ShopClues, India’s first and largest managed online marketplace, has appointed Deepak Sharma as its CFO. Sharma who joins ShopClues from Vmart, is an alumnus of St. Stephen’s college and Institute of Chartered Accountants of India, Delhi, with over 20...

Sandeep Aggarwal disassociated from firm for criminal wrongdoings: Shopclues Board of Directors

The ex-founder of ShopClues, Sandeep Aggarwal, has been disassociated from the company for his criminal wrongdoings, the Board of Directors at ShopClues told Indiaretailing Bureau in an e-mail response. “We are proud of the fantastic progress made by the ShopClues...

These 7 retail bigshots have great plans for 2017

By 2018, the Indian retail sector is likely to grow at a CAGR of 13 per cent to reach US $950 billion. Organised retail sector is expected to account for 24 per cent of the overall retail market by...

Sanjay Sethi, Co-founder and CEO, ShopClues.com

Sanjay Sethi Co-founder and CEO ShopClues.com Sanjay Sethi is the Co-founder and CEO at ShopClues.com. He is highly regarded in the industry as a product visionary and a marketplace expert with proficiency in building multi-faceted environments in the field of e-commerce. As the...

ShopClues on track to turn profitable by FY17; eyes US $2 billion in sales

As ShopClues.com, the e-commerce website which focuses on consumers in Tier II and Tier III cities, readies to celebrate its five-year anniversary next month, the countdown to turn profitable has now begun in earnest for the company. The e-marketplace, which...

ShopClues eyes US $2 billlion sales; planning Nasdaq listing next year

Marketplace firm ShopClues is looking to garner sales worth around US$ 2 billion on its platform in 2017 and plans to file for public share listing at Nasdaq by September next year. "With last investment round in January, ShopClues is...

ShopClues launches tools to digitize merchants; expects 30 pc revenue in 2 years

In order to help offline merchants opt for cashless transactions and bolster their overall growth, e-commerce major ShopClues has launched a bouquet of services under its Business Edge initiative. Of many services, one such initiative that will allow brick-and-mortar retailers...
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Retail Tracker: Store launches surged 44% in Q4 FY 24, East saw double growth

The fourth quarter of the FY 2023-24 also saw funds raised worth over Rs 1,100 crore by several D2C...
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