Popular e-commerce firm ShopClues today refuted reports that it was negotiating a merger with rival Flipkart. "Really speaking, it is not the fact, ShopClues CEO Sanjay Sethi told reporters in Bengaluru adding that it would be wrong to think of the two e-commerce players on the basis of a common investor – Tiger Global. He further argued that the largest investor in ShopClues was Nexux Venture, which had also put…
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