Predict your next investment

DealShare company logo
INTERNET | eCommerce / Marketplace
dealshare.in

See what CB Insights has to offer

Founded Year

2018

Stage

Series D | Alive

Total Raised

$216.52M

Valuation

$0000 

Last Raised

$144M | 2 mos ago

About DealShare

DealShare focuses on group buying of grocery and home merchandise targeted at middle and lower-income consumers in smaller cities and towns.

DealShare Headquarter Location

1015 Sanghi Ji Ki Nasiya Tripoliya Bazar, Jaipur

Rajasthan, 302002,

India

7220003030

Latest DealShare News

DealShare to invest USD 100 mn for expansion

Sep 16, 2021

DealShare to invest USD 100 mn for expansion Published: Sep 16,202109:32 AM Recipient's Name Send DealShare on Wednesday said it plans to invest $100 million (about Rs 736.3 crore) to scale its operations and hire about 5,000 people across various functions over the next six months, as the social commerce firm looks to rapidly scale its operations. Representative Image New Delhi: The company, which had recently raised USD 144 million from Tiger Global, WestBridge Capital, Alpha Wave Incubation and others, also announced its formal launch in Delhi-NCR. “We plan to invest $100 million over the next six months - majorly in rapidly scaling operational capabilities, social virality and gamification led demand generation, AI-driven product and technology capabilities, strengthening sourcing network and aggressive hiring across various functions to scale rapidly,” DealShare founder and CEO Vineet Rao said. Despite the COVID-19 induced harsh conditions, the company’s customer base has grown significantly, and it is currently at a GMV (gross merchandise value) run rate of $400 million, he added. “Currently, we are present in almost 900 pin codes across 5 states and over 45 cities. By the end of the year, we will hit a GMV ARR (annual run rate) of over $1 bn, covering more than 100 cities across 10 states,” Rao said.

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Research containing DealShare

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned DealShare in 1 CB Insights research brief, most recently on Jul 12, 2021.

Expert Collections containing DealShare

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

DealShare is included in 3 Expert Collections, including Social Commerce.

S

Social Commerce

280 items

Companies that are a subset of e-commerce that introduce social elements into the online purchasing experience. This includes peer-to-peer selling, group buying, influencer networks (including influencer marketing agencies), and technology that enables social selling.

E

E-Commerce

8,471 items

F

Food & Beverage Delivery (Grocery & Meal)

1,351 items

Startups and tech companies offering online grocery, food, beverage, and meal delivery services.

DealShare Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
CBI Logo

DealShare Rank

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.