About DealCart
DealCart is a Retail company based in Karachi (Pakistan) founded in 2022 by Ammar Naveed and Haider Raza. Multi-category products are offered via app-based group buying. It operates on a Direct-to-Consumer (D2C) and Two-Sided Marketplace model. DealCart has raised $7.5 million across 2 funding rounds from investors including Shorooq Partners, Sturgeon Capital and 500 Global. Its chief executive, as recorded, is Ammar Naveed. Its website dealcart.io draws about 19 thousand monthly visits. DealCart offers products and services including Grocery Delivery, Beauty Items, and Essentials. Its focus areas include E-commerce and Online Grocery. Its competitors include Krave Mart, GrocerApp and Airlift Express; 3 of its 3 listed competitors have raised funding.
Company details
DealCart is operated as a prominent online grocery delivery platform in Pakistan. The company is focused on providing budget-friendly shopping experiences with free delivery on orders over Rs. 999. Various categories including groceries, beauty items, and essentials are covered, with discounts of up to 45 offered. Easy returns and dedicated chat support are provided to ensure customer satisfaction. The platform also supports business partnerships through advertising and seller opportunities.
- Total Equity Funding$7.5M (USD)
in 2 rounds
- Latest Funding Round$3M (USD), Seed
Jul 2024
- InvestorsShorooq Partners
& 11 more
Products & Services of DealCart
DealCart offers a comprehensive portfolio of products and services, including Grocery Delivery, Beauty Items, and Essentials.
Groceries are delivered with free shipping on qualifying orders.
Beauty products are offered with discounts up to 45%.
Essential items are provided at discounted rates for customers.
Apps and channels of DealCart
DealCart publishes 1 mobile app with over 1M+ downloads; its YouTube channel DealCart has 4.03K subscribers and 30 videos.
Videos from DealCart
The most watched videos on DealCart's YouTube channel, DealCart (4.03K subscribers). Click a video to play it here.
More on DealCart.
Funding Insights of DealCart
DealCart has successfully raised a total of $7.5M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $3 million completed in July 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $7.5M
- Total Rounds 2
- Last Round Seed — $3M
- First Round $4.5M
(Jul 2022)
- Investors Count 12
All 2 funding rounds of DealCart with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2024 | $3M | Seed | – | Shorooq Partners, Sturgeon Capital | |
| Jul 2022 | $4.5M | Seed | – | Shorooq Partners |
12 investors in total: 10 institutional and 2 angel.
Investors in DealCart
DealCart has secured backing from 12 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Shorooq Partners, Sturgeon Capital and 500 Global.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage investments in tech companies are made by Shorooq Partners. | 2016 | shorooq.com | Abu Dhabi, United Arab Emirates | |
Sturgeon Capital is focused on investments in emerging markets. | sturgeoncapital.com | London, United Kingdom | ||
Venture capital and acceleration are provided to tech startups. | 500.co | Ho Chi Minh City, Vietnam | ||
Venture capital investments in technology startups are provided. | evolution-vc.com | Cupertino, United States | ||
| khybervp.com | ||||
Tech startups are funded by this venture capital firm. | fatimagobi.vc | Lahore, Pakistan | ||
Venture capital firm focused on multiple sectors | vibe.vc | New York, United States | ||
Investments are directed toward early-stage tech startups by i2i Ventures. | i2iventures.com | Karachi, Pakistan | ||
Early-stage fintech investments are targeted in emerging markets by RaliCap. | ralicap.com | San Francisco, United States | ||
| rayn.group |
Investor details for DealCart
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of DealCart
17 people are tracked at DealCart (6 in leadership, 11 in team).
| Name | Role | Group |
|---|---|---|
Ammar Naveed | Co-Founder & CEO | Leadership |
Haider Raza | Co-Founder | Leadership |
Fazel Rehman | Head Of Design & Brand | Leadership |
Muhammad Hamza Malka | Head Of Commercial | Leadership |
Asad Malik | Head Of Product, Design & Experience | Leadership |
Usman Munier | Head Of Engineering | Leadership |
Bilal Mohiuddin | Software Engineer | Team |
Ayan Tabassum | Lead Analytics & Growth Strategist | Team |
Maarij Ahmed | Software Engineer | Team |
Fahid Bhatti | Sr. Visual Designer | Team |
Hamza Younas | Devops Engineer | Team |
Syed Shahmir Fahim | Senior Growth Manager | Team |
Syed Sameed Ali | Category Lead | Team |
Rohan Farooq | Software Engineer 1 | Team |
Zain Arshad | Software Engineer | Team |
Ahmed Ali | Business Development Manager - Food | Team |
Arsal Memon | Experience Manager | Team |
Complete people profiles for DealCart
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of DealCart
3 dated milestones of DealCart across 2 years, from founding to its latest funding, stage changes and deals.
- Founded DealCart is founded.
- Funding First funding round of $4.5M.
- Funding Latest funding round, Seed, of $3.0M.
Competitors of DealCart
DealCart has 3 listed competitors in our database, 3 of them funded. They include Krave Mart, GrocerApp and Airlift Express.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| kravemart.com | 2021 | Karachi, Pakistan | $6.5M | Online delivery store offering groceries and everyday essentials | ||
| grocerapp.pk | 2016 | Lahore, Pakistan | $6.3M | On-demand grocery delivery is facilitated via mobile applications. | ||
| airliftexpress.com | 2015 | Lahore, Pakistan | $87.2M | Multi-category grocery supplies are delivered through an online platform. |
Detailed competitors of DealCart
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Web traffic of DealCart
The website of DealCart (dealcart.io) receives about 19.4K visits a month.
- Monthly visits19.4K
▲ 516.1% vs previous month
Websites whose visitors overlap most with DealCart. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
dsmonline.pk | dsmonline.pk | 100% | #399,431 | – | |
chaseupgrocery.com | chaseupgrocery.com | 100% | #440,029 | – | |
| jalalsons.com.pk | 100% | 234.4K | #190,678 | View details | |
| peekaboo.guru | 100% | 427.8K | #98,774 | View details | |
mycart.pk | mycart.pk | 96% | #982,025 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 18 similar websites and full traffic analytics for DealCart
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 18 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
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Related news about Dealcart
Complete news archive for DealCart
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Frequently Asked Questions about DealCart
DealCart was founded in 2022.
DealCart is headquartered in Karachi, Pakistan. It is registered at Karachi, Sindh, Pakistan.
Ammar Naveed is the CEO of DealCart, as recorded in our data. They have also founded this company.
DealCart is a funded company, having raised a total of $7.5M across 2 funding rounds to date. The company's 1st funding round was a Seed of $4.5M, raised on Jul 2022.
DealCart is operated as a prominent online grocery delivery platform in Pakistan. The company is focused on providing budget-friendly shopping experiences with free delivery on orders over Rs. 999. Various categories including groceries, beauty items, and essentials are covered, with discounts of up to 45 offered. Easy returns and dedicated chat support are provided to ensure customer satisfaction. The platform also supports business partnerships through advertising and seller opportunities.
DealCart's top competitors include Krave Mart, Airlift Express and GrocerApp.
DealCart offers Grocery Delivery, Beauty Items, and Essentials.
DealCart has 12 investors. Key investors include Shorooq Partners, Sturgeon Capital, 500 Global, Evolution-VC, and Rayn.
Yes. DealCart publishes DealCart - Grocery Shopping, with over 1 million downloads.