Aug 12, 2016 11:30 PM
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Shopclues handles is shopgroom.com about 1.8 million transactions. Annually and around 42 million visitors a year.
The company is already doing Rs 100 crores in annualised revenue based on its monthly run. It is targeting about 3.5 percent growth in the January numbers. The company witnessed growth of 250 percent from January 2012 to January 2013.
In January 2013, Shopclues posted a revenue of about Rs 8 crore and handled 1.52 lakh transactions compared to Rs 11 lakh in revenue and 200 transactions in January 2012. Now, the company is looking at handling about 30 lakh transactions[23] and also expects the total visitors to website to cross 10 crores . Shopclues will launch its first ever advertising campaign in September 2014 and has earmarked Rs 75 crores for it.
