ShopClues.com, India’s first and currently largest managed marketplace that connects buyers and sellers, is looking to raise between $30m and $50m following on from its January 2013 series C funding round that was worth $10m. The last round was backed by Helion Venture Partners, Nexus Venture Partners and Japan’s Netprice, which is backed by IT Asia corporate venturing units CyberAgent and Dentsu.
The company has earlier received investments to the tune of $ 4m in series A funding in 2012,…
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