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Shopclues Raises $100M in Series E to Become a New Indian Unicorn

Indian eCommerce marketplace, Shopclues has raised over $100 million in Series E round, led by GIC, the largest sovereign wealth fund of Singapore. Existing Investors including Tiger Global and Nexus Venture Partners also participated in the round. This Gurgaon based platform is valued at $1.1 billion as per the company release. The company had raised $100 million…

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