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DealShare

DealShare

DealShare is a social e-commerce start-up in India.

OverviewStructured DataIssuesContributors

Contents

dealshare.in
Is a
Company
Company
Organization
Organization

Company attributes

Industry
E-commerce
E-commerce
Location
Bangalore
Bangalore
India
India
B2X
B2B
B2B
CEO
Vineet Rao
Vineet Rao
Founder
Vineet Rao
Vineet Rao
Sourjyendu Medda
Sourjyendu Medda
AngelList URL
angel.co/company/dealshare
Legal Name
Merabo Labs Pvt Ltd
Number of Employees (Ranges)
1,001 – 5,000
Email Address
aditi.sharma@dealshare.in
support@dealshare.in
Phone Number
+917220003030
Full Address
97,17th Cross Road, Sector 4, HSR Layout, Bengaluru, Karnataka 560102
Investors
InnoVen Capital
InnoVen Capital
Abu Dhabi Investment Authority
Abu Dhabi Investment Authority
‌
Twenty Nine Capital Partners
‌
DF International Partners
Matrix Partners India
Matrix Partners India
WestBridge Capital
WestBridge Capital
Alpha Wave Incubation
Alpha Wave Incubation
‌
Navroz D. Udwadia
...
Founded Date
September 2018
Total Funding Amount (USD)
621,886,815
Latest Funding Round Date
February 2022
Glassdoor ID
2997283
CFO
Venkatesh Tarakkad
Venkatesh Tarakkad
Latest Funding Type
Series E
Series E
Wellfound ID
dealshare

Other attributes

Company Operating Status
Active
Postmoney Valuation
1,700,000,000
Latest Funding Round Amount (USD)
45,000,000

DealShare is an India-based online buying platform for multi-category consumer products. The company's mission targets users in non-metro and rural markets, with users primarily on mobile and social media. DealShare allows users to buy and share deals in groups, offering discounts according to the number of people purchasing the products.

The company's product catalog includes fruits and vegetables, grocery items, beauty and wellness, baby care, fashion accessories, electronics, home décor, and more. In 2020, the e-commerce platform for middle and lower-income groups of consumers raised $21 million in a financing round to expand to one hundred Indian cities and towns.

During its early stages, the company administered its business through WhatsApp groups since it began without an application. It started with a primary base of 100-150 customers, with headquarters in Jaipur. At the time, deliveries were made on weekends after orders were collected during the week.

Timeline

No Timeline data yet.

Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

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Author
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No Further Resources data yet.

References

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