Details

Last Funding Type

Debt Financing

Last Funding Money Raised

₹250M

Industries

E-Commerce,Grocery,Group Buying,Retail Technology

Founded date

Sep 1, 2018

Number Of Employee

1001 - 5000

Operating Status

Active

DealShare is a social e-commerce startup, an online buying platform for multi-category consumer products, focused on the new 'WhatsApp first'​ India. Its mission is to target the new 500Mn 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 and social media.

DealShare makes it easier for these users to buy in a couple of clicks. Further, it allows the users to buy and share deals with their friends. They offer discounts depending on the number of people purchasing the products.

The idea is around demand aggregation (C2B) of mass-market products using social virality, thereby significantly reducing operational costs.

DealShare's Product catalog includes fruits & vegetables, grocery items, beauty & wellness, baby care, fashion accessories, electronics, home décor, etc. They work on a sharp assortment leading to high capital efficiency and price efficiency.