Radhika Aggarwal is the current Chief Business Officer (CBO) and Co-founder of the e-commerce ShopClues, established in 2011. Radhika is an Indian entrepreneur, who established a digital marketing place. She is the first woman to enter the Unicorn Club. ShopClues was founded in 2011 with ten team members. Radhika's husband, Sanjay Sethi is the CEO of ShopClues. The net worth until November 2020 counts to $1 million.
Radhika Aggarwal- Biography
|Name||Radhika Ghai Aggarwal|
|Position||CBO & Co-founder, ShopClues|
|Net Worth||$1 million (November, 2020)|
Radhika Aggarwal- Personal Life
Radhika Aggarwal was born to a regular Army family. Her father was employed in the Indian Army. Her mother was professionally a dietician. She got married to Sanjay Sethi, whom she met during her college days. Apart from being her husband, Sanjay is also her business partner. She lives in Gurgaon, Haryana.
Radhika Aggarwal- Early Life
Being an Army ward, she grew up in ten different cities including Pathankot, Ahmednagar, and Jodhpur and eventually attended many different schools. Travelling to new places gave her the opportunity to meet new people and adapt the formidable change. This experience helped her in running a business without getting affected by the daunting change in the corporate world.
Perseverance is yet another quality that she learnt while growing up. Her attitude of not giving up helped her in standing against all odds in the startup world.
She eventually got inspired from her father, who established his own health care set up at the age of 45, after leaving the Army in 1992. She helped him in his entrepreneurial venture as a fitness trainer and received her first pay check of Rs.400.
She followed him and founded her very first advertising agency in Chandigarh in 1997. The early startup stemmed entrepreneurship within her, which assisted Radhika to excel in future thereafter.
Radhika Aggarwal- Education
Radhika Aggarwal dropped the shutter of her advertising agency after two years, to study MBA in 1999. She pursued MBA from Washington University, in St.Louis, US.
She also did post graduation in advertising and public relations. She has also participated in an executive program at Stanford University.
Her academic qualification owes to Devi Ahilya Vishwavidyalaya. She completed graduation from Maharaj Sayajirao University.
Radhika Aggarwal- Professional Life
Radhika Aggarwal started her career, working in the marketing field for companies like Nordstrom, headquartered in Seattle, Washington (2002-2005). She joined the core team of strategic planning at Goldman Sachs in 2001. She was a part of internal consulting resource for the product development group.
She worked as a Marketing strategist in Abhivyakti Infotech for about one and a half year i.e., from January 2006- June 2007.
Prior to this, she ran a fashion blog at South Asian women (2007-2009). She didn't raise money through this blog. Although, she learnt the thriftiness that was replicated while launching ShopClues.
She has the experience of working in diverse sectors like e-commerce, fashion, lifestyle, and retail for about fourteen years in US.
Radhika founded her e-commerce venture ShopClues with her husband Sanjay Sethi in 2011. It became one of the most recent entrants into the Unicorn club.
Radhika Aggarwal- ShopClues
Radhika's 14 long years of experience in the corporate world has brought rich exposure to best-of-breed global brands. Her vision and entrepreneurial acuity have gradually nurtured the brand. With a keen understanding of the customer's pulse, she is the marketing robust that has made ShopClues one of the luminaries.
ShopClues was founded in 2011, headquartered in Gurgaon. The company came into limelight when the founder claimed that the e-commerce venture became profitable by 2017. It has about 25 million registered buyers, 500,000 merchants, and each month ships about three million products.
Radhika holds the position of CBO of Shopclues since February 2011. She claims that ShopClues is one of the fastest growing e-commerce platforms in India.
Radhika Aggarwal- Awards
Radhika has been conferred with some awards and recognition as well. She won the following awards in the year 2016.
- Outlook Business Woman of Worth at Outlook Business Awards
- Woman Entrepreneur of the Year at Entrepreneur India Awards
- Exemplary Woman Entrepreneur of the Year at CMO Asia Awards
- CEO of the Year Award at CEO India Awards
It was obviously not a cup of tea to build a e-commerce website, when there were already some e-commerce giants ruling hearts. ShopClues was established at a time when Flipkart, Snapdeal were already raising to new heights. Flipkart and Snapdeal raised desirable money and popularity until then.
Jabong and ShopClues were founded in the same year. An inordinate amount of money was spent by the founders to grow their market respectively. However, Radhika aimed at making ShopClues a profitable venture. Shopclues tossed a Gross Merchandise Value (GMV) of $1.2 billion in Financial Year 2016.