Flashback: 8 Unicorn Startups Of India And Their Journey
ShopClues
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The standout factor where ShopClues went ahead in the online competition is in deciding their target audience. They aim a zero inventory marketplace where mid tier shopping interface will be served both for sellers and buyers. Founder Sanjiv Sethi describes the portal as, “India shops in those markets. For Rs 100, you will get shirts anywhere in India. But if you come to Janpath or Karol Bagh, you will get a wider choice. We at ShopClues target those buyers and want to be a virtual marketplace for them. Compared with other sites which sell high-end brands, ShopClues is about regional brands as 70 per cent of our business comes from tier-II and -III cities."
Practo
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Their statistics of course show that they are the largest online clinic management firm. Practo records 10 Mn electronic patients and seven Mn appointments annually. The doctor list includes more than 100,000 and operates in four countries. The present valuation of this digital health startup is $525 Mn, which is expected to go high soon.
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