ShopClues plans to raise $50 million

ShopClues.com, India’s first and the largest managed marketplace firm, is looking to raise $30-50 million (Rs 180-Rs 300 crore) in private equity (PE) investments. The Gurgaon-based company is understood to have initiated talks with PE players such as Warburg Pincus, SoftBank, Digital Sky Technologies and Goldman Sachs for this round of fund-raising, which is expected […]