DealShare, founded in 2018 by Vineet Rao, Sourjyendu Medda, Sankar Bora, and Rajat Shikhar, is a social e-commerce platform revolutionizing how value-conscious consumers shop online in India. Headquartered in Bengaluru, DealShare focuses on community group buying and deep discount models to make essential goods affordable to mass-market customers. By leveraging technology and hyperlocal supply chains, the company enables bulk buying, increases supplier efficiencies, and empowers small manufacturers and local brands. DealShare continues to rapidly expand its footprint across tier-2 and tier-3 cities, driving strong revenue growth and positioning itself for future profitability.
Founding year | 2018 |
---|---|
Headquarters | Bengaluru, India |
Valuation | ~$1.7B (2023) |
Total Funding | $390M |
Annual Revenue | ₹2,100 Cr (FY24) |
Annual Net Loss | ₹320 Cr (FY24) |
EBITDA Margin | -12% |
Employees | ~1,500 |
Round | Date | Amount | Investors |
---|---|---|---|
Seed | 2018 | $2M | Matrix Partners |
Series A | 2019 | $11M | Falcon Edge, Matrix |
Series B | 2020 | $21M | WestBridge, Omidyar |
Series C | 2021 | $144M | Tiger Global, WestBridge, Alpha Wave |
Series D | 2022 | $120M | Tiger Global, Alpha Wave |
Series E | 2023 | $92M | ADIA, existing investors |
DealShare recently announced aggressive expansion plans and partnerships with local manufacturers to boost its private label offerings. The company is focusing on deepening its presence in underserved markets and improving operational efficiencies to move towards profitability.
Metric | Detail |
---|---|
Revenue Growth | ▲ Revenue up to ₹2,100 Cr in FY24 |
Profitability | ▼ Net loss of ₹320 Cr |
Funding | ▲ $390M raised across 6 rounds |
Efficiency | ▲ EBITDA margin improved to -12% |
Valuation | ▲ $1.7B as of 2023 |
DealShare is redefining value retail in India through its social e-commerce model and deep supply chain innovation. Its strong revenue growth and extensive market reach provide a solid foundation for future profitability and potential public listing plans.
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This report is generated for informational purposes only and does not constitute investment advice.