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Tiger Global-backed ShopClues acquired by Singapore-based Qoo10 in a stock deal

Updated : November 01, 2019 12:53 PM IST

Sources close to the development said the deal valued ShopClues at about $50-$70 million.
The deal comes after ShopClues' failed talks for a sale with Snapdeal and Flipkart earlier this year.
The company, founded in 2011, had raised over $250 million from Tiger Global, GIC Singapore, Nexus Venture Partners and Helion Ventures.
Tiger Global-backed ShopClues acquired by Singapore-based Qoo10 in a stock deal
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