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DealShare Reviews

Jaipur, Rajasthan

5.0/ 5

1 review

DealShare is a prominent Indian social e-commerce platform that specializes in multi-category consumer products, focusing on value-conscious consumers primarily in Tier II, Tier III, and rural markets. Officially founded in September 2018 by Vineet Rao, Sourjyendu Medda, Sankar Bora, and Rajat Shikhar, the company began as a WhatsApp-based group buying experiment in Jaipur, Rajasthan, before expanding its footprint nationally. It operates under corporate entities like Brisam Retail Private Limited and maintains key corporate offices in Bengaluru, Karnataka, and Jaipur, Rajasthan. The core business model of DealShare is rooted in demand aggregation and social commerce, designed to cater to the unique shopping habits of the mass population. By targeting mobile-first users who may not be comfortable with traditional e-commerce applications, DealShare provides a highly localized and simplified shopping experience supporting multiple regional Indian languages. The platform allows consumers to buy daily essentials and share deals with friends and family. As more individuals participate in a group purchase, the price decreases, allowing users to unlock cumulative discounts that are often lower than traditional wholesale rates. The company's product catalog is diverse and curated to meet day-to-day household requirements. It spans fresh produce, including fruits and vegetables, daily groceries, beauty and wellness items, baby care, fashion accessories, electronics, and home decor. By sourcing directly from local brands and manufacturers, DealShare significantly reduces operational and supply chain overheads, passing the cost savings directly to its customer base. Financially, DealShare became one of India's quickest startups to enter the unicorn club, achieving a valuation of $1.7 billion in January 2022. The company has raised approximately $387 million in total funding across multiple financing rounds, including a major Series E round led by Tiger Global Management, alongside prominent institutional investors such as Alpha Wave Global, WestBridge Capital, and Dragoneer Investment Group. Following rapid scaling that expanded its operations across several states including Gujarat, Maharashtra, Karnataka, and Delhi NCR, DealShare initiated strategic restructurings aimed at driving long-term operational efficiency and profitability. Under the executive leadership of CEO Kamaldeep Singh, DealShare continues to refine its e-commerce proposition, leveraging social virality and hyperlocal fulfillment networks to deepen its penetration across India's consumer market.