About DealShare
DealShare is a company based in Bengaluru (India) founded in 2018 by Shivendu Singh, Brijesh Bhardwaj, Sourjyendu Medda, Rajat Shikhar, and Vineet Rao. DealShare has raised $386.76 million across 7 funding rounds from investors including Angel List, Wellfound and 360 One. The company has 504 employees as of April 06, 2024. DealShare offers products and services including Grocery Platform, Snacks and Packed Food, Beverages Service, Personal Care Products, and Electronics Shopping. DealShare operates in a competitive market with competitors including Bigbasket, Otipy, Rozana, BuyEazzy and Wellversed, among others.
- Headquarter Bengaluru, India
- Employees 504 as on 06 Apr, 2024
- Founders Shivendu Singh, Brijesh Bhardwaj, Sourjyendu Medda, Rajat Shikhar, Vineet Rao
- Stage Unicorn
-
Sectors
Retail
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Merabo Labs Private Limited
- Date of Incorporation 05 Sep, 2018
- Jurisdiction Jaipur, Rajasthan, India
-
Annual Revenue
$247.08 M (USD)5.01as on Mar 31, 2023
-
Net Profit
-$60.27 M (USD)-16.26as on Mar 31, 2023
-
EBITDA
-$65.78 M (USD)-24.39as on Mar 31, 2023
-
Total Equity Funding
$386.76 M (USD)
in 7 rounds
-
Latest Funding Round
$210 M (USD), Series E
Jan 27, 2022
-
Investors
Angel List
& 54 more
-
Employee Count
504
as on Apr 06, 2024
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of DealShare
DealShare offers a comprehensive portfolio of products and services, including Grocery Platform, Snacks and Packed Food, Beverages Service, Personal Care Products, and Electronics Shopping.
Online service for buying groceries and fresh produce.
Platform for purchasing snacks and packaged items online.
Online ordering system for various beverages and drinks.
Service for acquiring personal care and hygiene items.
Online platform for electronics and appliances purchase.
People of DealShare
Unlock access to complete
Funding Insights of DealShare
DealShare has successfully raised a total of $386.76M across 7 strategic funding rounds. The most recent funding activity was a Series E round of $210 million completed in January 2022. 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 Total Funding
- Total Rounds 7
- Last Round Series E — $210.0M
-
First Round
First Round
(18 Oct 2018)
- Investors Count 55
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2022 | Amount | Series E - DealShare | Valuation | Tiger Global Management , Alpha Wave Global | |
| Apr, 2021 | Amount | Debt – Venture - DealShare | Valuation |
investors |
|
| Apr, 2021 | Amount | Series D - DealShare | Valuation | Tiger Global Management , WestBridge Capital |
Investors in DealShare
DealShare has secured backing from 55 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Angel List, Wellfound and 360 One.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Venture and private equity investments are managed with global diversification.
|
Founded Year | Domain | Location | |
|
Venture capital firm focused on growth-stage companies
|
Founded Year | Domain | Location | |
|
Private equity investments are made in technology-enabled growth companies.
|
Founded Year | Domain | Location |
Investments & Acquisitions by DealShare
Financial Statements - DealShare
Dealshare Comparisons
Competitors of DealShare
DealShare operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Bigbasket, Otipy, Rozana, BuyEazzy and Wellversed, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Personal and household products are delivered via an e-commerce platform.
|
|
| domain | founded_year | HQ Location |
Grocery products are provided via an online digital storefront.
|
|
| domain | founded_year | HQ Location |
Rozana is focused on rural e-commerce in India.
|
|
| domain | founded_year | HQ Location |
App-based group buying platform offering multi-category products
|
|
| domain | founded_year | HQ Location |
Online retailer offering multi-category nutritional products
|
Frequently Asked Questions about DealShare
DealShare was founded in 2018.
DealShare is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Kamaldeep Singh is the current CEO of DealShare.
DealShare is a funded company, having raised a total of $386.76M across 7 funding rounds to date. The company's 1st funding round was a Series D of $144M, raised on Oct 18, 2018.
As of Apr 06, 2024, the latest employee count at DealShare is 504.
Annual revenue of DealShare is $247.08M as on Mar 31, 2023.
Online social deal-sharing platform for multi-category products. The company offers deals on various products like fruits and vegetables, grocery items, fashion accessories, home decor products, and more. It allows users to buy and share deals with friends and it offers discounts depending on the number of people purchasing its products.
DealShare's top competitors include Bigbasket, Otipy and Wellversed.
DealShare offers Grocery Platform, Snacks and Packed Food, Beverages Service, Personal Care Products, and Electronics Shopping.
DealShare has 55 investors. Key investors include Angel List, Wellfound, 360 One, Matrix Partners India, and WestBridge Capital.
The valuation of DealShare is $1.71B as of Jan 2022.