DealShare

India - Bangalore, Karnataka

• 17/02/2022
• Series E
• $45,000,000

A fast-growing e-commerce startup, DealShare is a hyperlocal online buying platform for multi-category consumer products focused on the new 'WhatsApp first' India. Our mission is to target the new 500Mn users from non-metro cities and rural market spaces who haven't shopped enough online and are uncomfortable on other platforms. These users are primarily on mobile & social media. DealShare makes it extremely easy for these users to buy in a couple of clicks, supported by vernacular browsing.

Further, it allows the users to share deals with their friends and avail discounts if their friends purchase the products via the share link. It is a new retail model in which customers get products at cheaper than wholesale rates. The idea is around demand aggregation (C2B) of mass-market products using social virality, thereby significantly reducing operational costs. Our product catalogue includes fruits & vegetables, grocery items, beauty & wellness, baby care, pet care, fashion accessories, electronics, home décor etc.

We've made quite the impression by being one of India's quickest entrants to the Unicorn club. Setting king-sized goals, we are all set to expand to 200 cities across 20 states, welcoming 50 million new customers! We're also aiming at achieving a $3 Bn annual revenue run rate in 12 months. Currently valued at $1.63 Bn, we are gearing up to explore International markets.

Come, build for Bharat, and challenge yourself in the process.
Learn new skills, hone existing ones and grow with the company.

See career opportunities at https://www.dealshare.in/careers#about_us

Related People

Vineet RaoFounder

India - Bengaluru, Karnataka

Experienced product and technology leader in the area of ecommerce, social, databases, cloud systems, large scale online services & AI based personal assistants.

Building the next generation disruptive (social) ecommerce product for the masses - DealShare. Ping me if you are someone who is looking to join a fast growing startup!

LinkedIn https://www.linkedin.com/in/vineetrao/?originalSubdomain=in