Online marketplace ShopClues has narrowed its losses to Rs 208 crore for the year ended March 2018 compared to the previous fiscal.
ShopClues said its revenues have grown by 60 per cent this fiscal, while losses have been trimmed by almost 40 per cent compared to the previous year.
ShopClues today said it has seen strong uptake of its private label business and expects its four brands to account for about 12 per cent of total revenue this fiscal.
According to recent data from Indeed, four unicorns - Snapdeal, PayTM, ShopClues and Flipkart - make up around 90 percent of all job postings.
Online marketplace ShopClues has narrowed its losses to Rs 332.65 crore for the year ended March 2017 compared to the previous fiscal.
E-commerce player Shopclues has joined hands with the state's MSME Development Institute to impart training on online selling to traditional weavers and artisanshere.
While Flipkart will run the 9-day offer for fashion products, Shopclues will have a week-long one for electronic accessories, fashion and more.
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Order requires closure of unit with immediate effect
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Deal Value at Rs 643 Cr