What is DealShare?
Founded in 2018, DealShare operates a community group buying model focused on selling daily essentials to middle-income consumers. This approach aims to provide value and accessibility within its target demographic, differentiating it in the competitive e-commerce landscape. The company's strategy leverages social networks and community leaders to drive sales and customer acquisition, positioning it as a unique player in the online retail space.
How much funding has DealShare raised?
DealShare has raised a total of $354.4M across 5 funding rounds:
Series A
$11M
Series C
$21M
Debt
$3.4M
Series D
$144M
Series E
$175M
Series A (2019): $11M with participation from Matrix Partners India, DST Global Solutions, and Falcon Edge Capital
Series C (2020): $21M led by Falcon Edge Capital, Alpha Wave Incubation, Z 3 Partners, WestBridge Capital Partners, Matrix Partners India Advisors, and Omidyar Network India
Debt (2021): $3.4M supported by Innoven Capital
Series D (2021): $144M featuring WestBridge Capital, Tiger Global, DST Global, Alpha Wave Incubation, and Z3Partners
Series E (2022): $175M backed by Tiger Global Management, Twenty Nine Capital Partners, DF International Partners, Abu Dhabi Investment Authority, Kora Investments, and Alpha Wave Investors
Key Investors in DealShare
Matrix Partners India
Matrix Partners India is a prominent investment firm with approximately $1 billion under management, focusing on the Indian consumer and enterprise markets at early stages. Their portfolio includes significant fintech and consumer brands.
DST Global Solutions
DST Global Solutions Ltd operates in the management consulting sector, headquartered in London. It is part of the broader DST Global network known for its significant investments in technology companies.
Falcon Edge Capital
Falcon Edge Capital is a diversified global alternative asset manager founded in 2012, with offices in New York and London, known for its strategic investments across various sectors.
What's next for DealShare?
The recent major strategic investment signals a new phase of growth for DealShare. This capital infusion is likely to be directed towards scaling operations, enhancing its technology platform, and expanding its geographical reach. Further development of its community-centric sales model and supply chain optimization will be critical. The company's ability to maintain its value proposition while growing will be key to its long-term success in the enterprise-level funding environment.
See full DealShare company page
