SHOPCLUES: THE UNTOLD STORY
Today we present to you the biggest business failure of 2019, the failure of a company which was giving equal competition to all the giants of its industry in 2015 and it ended its game in 4 years. You will be surprised to know that in 2015 that company got an investment of Rs.8000 crores, but due to continuous mistakes, it was sold at a very low price and even more surprising is that this thing did not even come in the news. Had their Market Value became so low that no media company made this astonishing fact as their news. Team of Co-founders of Shopclues.com I am discussing the story of ShopClues. In 2011, Sandeep Aggarwal and Radhika Agarwal, who were spouses, and Sanjay Sethi started ShopClues in California. They believed that a platform or institution could be created that would connect small traders and industries with customers. ShopClues succeeded in becoming that platform. The 3 co-founders with 3 ideas, created a large project for rural and less urban areas...