[2] In 2019, the company was acquired by Singapore-based Qoo10 in an all-stock deal valued at approximately US$70 million, representing one of the largest valuation meltdowns for an Indian-based startup.

[6] ShopClues provides unstructured categories of home and kitchen, fashion, electronics and daily utility items.

In June 2016, the online marketplace reached half a million sellers on its platform, claimed to be the highest in the Indian e-commerce industry.

[14][15] In 2016 ShopClues acquired the IP of a SaaS platform from Squeakee Media which was founded by Abrar Shaikh in Mumbai, India.

[17] In January 2016, ShopClues raised US$100 million from Tiger Global Management and joined the Unicorn Club.