Everything From ‘Ding To Dong'

FHM India caught up with Sanjay Sethi, Co-Founder and CEO of ShopClues to talk at length about his personal and professional journey.

- Kanchi Batra

When and how did the idea of ShopClues come into being? Would you like to tell us about your journey?

ShopClues was founded in 2011 with the support of founding team of 5 members who were all professionals working in the Silicon Valley in varied industries like IT, retail and e-commerce. We were a group of like-minded people with rich experience and entrepreneurship skills. We recognised the potential of the Indian market and had the urge to return to the country to start something immense, back home. This led to the conception of ShopClues, India’s first managed marketplace.

In Jan 2016, ShopClues entered the prestigious echelons of the Unicorn club with its Series E investment. ShopClues has, since, grown to have over 28 million listed products and 6,00,000+ merchants; aiming to provide the best online shopping experience. ShopClues serves in over 32,000 pin codes across India and has more than 7000 online brand stores.

Your recently introduced fashion label MEIA has received good response from customers. Can we expect exclusive labels in men’s fashion as well?

MEIA is an exclusive fashion wear and accessories label for women, which caters to our aspirational and value-driven consumer from Bharat – Tier II, III and beyond towns. Fashion has always been our top-performing category, with 60-70 per cent of our orders from fashion and we sincerely expect it to grow three times over the next 12 months.