Online marketplace ShopClues raises $1 million
Gurugram-based online marketplace ShopClues has raised $1 million from Mumbai-based venture capital firm Unilazer Ventures, amid reports of a cash crunch. The Indian arm of Clues Network has allocated about 1,027 equity shares to the startup for raising this round, as per business research platform Paper.vc. Tiger Global, Nexus Venture Partners and GIC are some notable investors in ShopClues.