 "Sandeep Aggarwal, Co-founder of ShopClues accuses his wife for pushing him out")
ShopClues’ Co-founder, Sandeep Aggarwal took to Facebook yesterday accusing his wife and co-founder Radhika Aggarwal of pushing him out of the company. ShopClues is a Gurgaon-based online retailer with Radhika Aggarwal as the founder and Chief Business Officer along with Sanjay Sethi as the other co-founder and CEO of the company, as reported by Times of India.
Sandeep gave control of the company to Radhika after his supposed involvement in a case of insider trading in the United States in 2013. One thing to note is that Sandeep is no longer actively involved in the company ever since he gave away the control. This comes months after the company joining the $1 billion unicorn club, according to the report, where New York-based Tiger Global and Singapore-based GIC along with Nexus Venture Partners are backing the company.
Radhika Aggarwal issued a statement refusing to dwell on the personal details. She maintained that ShopClues has always been a team effort and she would focus her time and energy to do what is right for the company. According to the statement by Sandeep Aggarwal’s PR agent in the report, after becoming aware of the board seat fraud, he filed a complaint with economic offenses wing of the Gurgaon police.
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