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Shopclues in talks with bankers for possible public listing

Shopclues in talks with bankers for possible public listing

Tuesday, March 21, 2017, 8:22 AM

Online marketplace Shopclues has begun discussions with merchant banks for a possible public share sale, a development that’s taking place while the company’s co-founders are engaged in a dispute among themselves. The Gurgaon-based company, which was catapulted into the unicorn club in January last year with a valuation exceeding $1 billion, has held talks with investment banks including Goldman Sachs and Credit Suisse.
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