# DealShare

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/dealshare

- Industry: Internet
- Headquarters: Bangalore, India
- Website: www.dealshare.in
- Total disclosed funding: $444M
- Latest round: Series E (Jan 27, 2022)
- Investors on record: 14

## About

Based in Jaipur, India, Brisam Retail, trading under the name DealShare, was founded in 2018 by co-founders Akhil Singh, Mohsin, and Rohit Pande. DealShare has built a distinct model in the Indian e-commerce industry. The company has targeted India's fast-growing, middle-income population of 500 million new internet users. The company received Series A round of funding of USD 11 million from Falcon Edge Capital and Matrix Partners India in 2019. In 2020, Series C round of funding of USD 21 million was received from Westbridge Capital. In March 2021, debt financing of USD 250 million was received from InnoVen Capital. In April 2021, Series D funding of USD 100 million and debt financing of USD 700 million was received from Tiger Global Management and Alteria Capital respectiviely. In July 2021, Series D funding of USD 144 million was received from Tiger Global Management. DealShare has raised a total of $288.7M in funding over 6 rounds from 11 investors. 

DealShare is an online buying platform for various consumer products. the company's product catalogue includes fruits & vegetables, grocery items, beauty & wellness, baby care, pet care, fashion accessories, electronics, home décor etc. The company offers discounts on the products, depending on the number of people purchasing the products. It operates on a retail model in which customers get cheaper rates than wholesale rates. The company's website also allows consumers to shop with only a few taps on its smartphone, allowing its buyers to discover the latest offers for everyday goods. the company also allows the users to buy and share deals with their friends. The company generates demand aggregation (C2B) of mass-market products using social virality, thereby significantly reducing operational costs.

The company plans to scale its presence to 100 cities by the end of 2021.

## Funding rounds

- Series E, Jan 27, 2022, $165M — Unilever Ventures, Tiger Global Management, Alpha Wave Global, Dragoneer Investment Group, Kora Investments, DF International Partners, Twenty Nine Capital Partners
- Series D, Jul 8, 2021, $144M — Tiger Global Management, DST Global, WestBridge Capital Partners, Alpha Wave Global, Alteria Capital, Z47, Z3Partners
- Series D, Apr 12, 2021, $100M — Tiger Global Management
- Series C, Dec 8, 2020, $21M — WestBridge Capital Partners, Alpha Wave Global, Omidyar Network, Z47, Z3Partners
- Series A, Oct 10, 2019, $11M — DST Global, Alpha Wave Global, Omidyar Network, Z47
- Series A, Apr 17, 2019, $2.7M — Whiteboard Capital, Z47

## Investors

- Whiteboard Capital (https://capitalatlas.ai/funds/whiteboard-capital) — Series A
- Z47 (https://capitalatlas.ai/funds/z47) — Series A, Series C, Series D
- DST Global (https://capitalatlas.ai/funds/dst-global) — Series A, Series D
- Alpha Wave Global (https://capitalatlas.ai/funds/alpha-wave-global) — Series A, Series C, Series D, Series E
- Omidyar Network (https://capitalatlas.ai/funds/omidyar-network) — Series A, Series C
- WestBridge Capital Partners (https://capitalatlas.ai/funds/westbridge-capital-partners) — Series C, Series D
- Z3Partners (https://capitalatlas.ai/funds/z3partners) — Series C, Series D
- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series D, Series E
- Alteria Capital (https://capitalatlas.ai/funds/alteria-capital) — Series D
- Unilever Ventures (https://capitalatlas.ai/funds/unilever-ventures) — Series E
- Dragoneer Investment Group (https://capitalatlas.ai/funds/dragoneer-investment-group) — Series E
- Kora Investments — Series E
- DF International Partners — Series E
- Twenty Nine Capital Partners — Series E