Sanjay Sethi
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Sanjay Sethi (born 27 June 1972) is a
mechanical engineer Mechanical may refer to: Machine * Machine (mechanical), a system of mechanisms that shape the actuator input to achieve a specific application of output forces and movement * Mechanical calculator, a device used to perform the basic operations o ...
and
Internet entrepreneur An Internet entrepreneur is an owner, founder or manager of an Internet-based business. This list includes Internet company founders and people brought on to companies for their general business or accounting acumen, as is the case with some CEOs ...
. In 2011, he co-founded
ShopClues ShopClues is an Indian online marketplace, owned by Clues Network Pvt. Ltd. The company was established in July 2011 by Sanjay Sethi, Sandeep Aggarwal and Radhika Aggarwal. In 2015, ShopClues was valued at US$1.1 billion, with Tiger Global, Hel ...
, a Gurgaon-based
online marketplace An online marketplace (or online e-commerce marketplace) is a type of e-commerce website where product or service information is provided by multiple third parties. Online marketplaces are the primary type of multichannel ecommerce and can be a wa ...
for unbranded goods. He is currently the Chief Executive Officer of the company.


Education

Sethi completed his B.Tech in
mechanical engineering Mechanical engineering is the study of physical machines and mechanism (engineering), mechanisms that may involve force and movement. It is an engineering branch that combines engineering physics and engineering mathematics, mathematics principl ...
from
Indian Institute of Technology (BHU) Varanasi The Indian Institute of Technology (Banaras Hindu University) Varanasi (IIT-BHU) is a public technical university located in Varanasi, Uttar Pradesh, India. IIT (BHU) Varanasi is ranked as one of the prestigious engineering institutions in Indi ...
in 1993. Passionate about
Astrophysics Astrophysics is a science that employs the methods and principles of physics and chemistry in the study of astronomical objects and phenomena. As one of the founders of the discipline, James Keeler, said, astrophysics "seeks to ascertain the ...
, he declined an offer from the
Inter-University Centre for Astronomy and Astrophysics The Inter-University Centre for Astronomy and Astrophysics (IUCAA) is an autonomous institution set up by the University Grants Commission of India to promote nucleation and growth of active groups in astronomy and astrophysics in Indian unive ...
to pursue a professional career. In 1996, Sethi pursued an advanced course in
software technology Software consists of computer programs that instruct the execution of a computer. Software also includes design documents and specifications. The history of software is closely tied to the development of digital computers in the mid-20th cen ...
from
Indian Institute of Technology Delhi Indian Institute of Technology Delhi (IIT- Delhi) is a Public university, public institute of technology located in Delhi, India. It is one of the 23 Indian Institutes of Technology created to be a Centre of Excellence for India's training, res ...
.


Career

Sethi started his career at the
Rourkela Steel Plant Rourkela Steel Plant (RSP), is a public sector, integrated steel plant in Rourkela, Odisha state, India. It was established on 3 February 1959 with the help of West German industrial corporations on approximately 19,000 acres of land acquired ...
but his journey with internet and technology started when he enrolled at the Foundation for Innovation and Technology Transfer at the
Indian Institute of Technology Delhi Indian Institute of Technology Delhi (IIT- Delhi) is a Public university, public institute of technology located in Delhi, India. It is one of the 23 Indian Institutes of Technology created to be a Centre of Excellence for India's training, res ...
. Prior to the launch of
ShopClues ShopClues is an Indian online marketplace, owned by Clues Network Pvt. Ltd. The company was established in July 2011 by Sanjay Sethi, Sandeep Aggarwal and Radhika Aggarwal. In 2015, ShopClues was valued at US$1.1 billion, with Tiger Global, Hel ...
, Sethi has worked with
eBay eBay Inc. ( , often stylized as ebay) is an American multinational e-commerce company based in San Jose, California, that allows users to buy or view items via retail sales through online marketplaces and websites in 190 markets worldwide. ...
, where he served as the Global Product Head for shipping, logistics, and billing and payments. Prior to eBay, Sanjay worked with SaaS platform Tradebeam.


ShopClues

ShopClues, claimed to be one of the largest
online marketplace An online marketplace (or online e-commerce marketplace) is a type of e-commerce website where product or service information is provided by multiple third parties. Online marketplaces are the primary type of multichannel ecommerce and can be a wa ...
s in India, was launched in 2011 by Sanjay Sethi, Sandeep Aggarwal, and Radhika Aggarwal. ShopClues entered the Unicorn Club in 2016, with its valuation at US$1.1 billion.


Awards and recognition

* CEO of the Year at CMO Asia Awards – 2016 * Distinguished Alumni Award at IIT-BHU Alumni Awards – 2016 * CEO of the Year at CEO India Awards – 2016


Usurping the e-commerce Controversy

An FIR of forgery to usurp Shopclues from Sandeep Aggarwal and the subsequent misappropriation of funds was filed against Sanjay Sethi. However, Delhi High Court soon passed an interim order forbidding any coercive action against Sanjay. Sanjay also faced a defamation suit from Sandeep Aggarwal in March 2017.


References

{{DEFAULTSORT:Sethi, Sanjay 1972 births Living people IIT Delhi alumni Indian chief executives Indian Internet company founders