Dealshare is a social e-commerce startup, an online buying platform for multi-category consumer products

Basic Information

Based out of Jaipur, Dealshare is a fast growing social e-commerce startup, an online buying platform for multi-category consumer products focused on the new 'WhatsApp first' India. Their mission is to target the new 500 million users in non-metro and rural markets who haven’t shopped enough online and who are still not comfortable 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. Further, it allows the users to buy and share deals with their friends. They are offering discounts depending on the number of people purchasing the products. It is a new retail model in which customers get cheaper rates than the wholesale rates. The idea is around demand aggregation (C2B) of mass market products using social virality, thereby significantly reducing operational costs. Their product catalogue includes fruits and vegetables, grocery items, beauty and wellness, baby care, pet care, fashion accessories, electronics, home decor, etc. See more

Legal Name

:

Brisam Retail Pvt Ltd

Headquarters

:

Bengaluru, Karnataka, India

Founding Date

:

2018

No. of Employees

:

501 to 1000

Core Team

:
1.

Vineet Rao

Co-Founder & CEO

2.

Rajat Shikhar

Co-Founder & CPO

3.

Sankar Bora

Co-Founder & COO

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Funding

Total Funding

$353.8M

Investors

:

1.

Omidyar Network

2.

Falcon Edge Capital

3.

DST Global

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Detail Round Breakdown

Round 1
Round 2
Round 3
Round 4
Round 5
Round 6

$11M

Series Name

:

SERIES-A

Date

:

10th Oct 2019

Investors

:
1.

Matrix Partners India

2.

Falcon Edge Capital

3.

DST Global

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