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- DealShare
DealShare Revenue, Valuation, Funding & Investors
DealShare is valued at $1.6B as of January 2022, a 6.3x revenue multiple. DealShare revenue was $258M, as disclosed with its latest round.
Last DealShare valuation
$1.6B
Series E · Jan 2022
Last DealShare funding round
$210M
Series E · Jan 2022
DealShare revenue
$258M
Series E · Jan 2022
Key investors in DealShare
Alpha Wave Global
Z47
Tiger Global
DST Global
Omidyar Network India
WestBridge Capital
About DealShare
DealShare is an India-based social e-commerce platform enabling group buying of consumer products like groceries, beauty items, and electronics, targeting non-metro and rural users via mobile and social sharing.
Founded
2018
HQ
Website
Status
Privately held
Customer focus
B2C
Revenue model
Product sales
Revenue
$258M (Jan 2022)
Valuation
$1.6B (Jan 2022)
DealShare Valuation
DealShare is currently valued at $1.6B, based on its Series E in January 2022. Read the announcement ↗
The $210M round was led by Alpha Wave Global and Tiger Global, with participation from Dragoneer, Unilever Ventures, Kora, Abu Dhabi Investment Authority, DF International Partners and 2 other investors.
DealShare's valuation has grown 23x from $71M at its Series C in December 2020 to $1.6B in January 2022, across 3 priced rounds.
DealShare valuation by funding round
Revenue multiple| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| Jan 2022 | Series E | $1.6B | 6.3x |
| Jul 2021 | Series D | $455M | 14.3x |
| Dec 2020 | Series C | $71M | 2.2x |
DealShare Revenue
DealShare's latest recorded revenue is $258M, as of its Series E in January 2022. At a $1.6B valuation, that implies a 6.3x revenue multiple.
Revenue grew from $32M in December 2020 to $258M in January 2022, while the revenue multiple moved from 2.2x to 6.3x.
DealShare revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Jan 2022 | $258M | $1.6B | 6.3x | Series E |
| Jul 2021 | $32M | $455M | 14.3x | Series D |
| Dec 2020 | $32M | $71M | 2.2x | Series C |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
DealShare Funding History
DealShare has raised a total of $383M across 4 funding rounds.
DealShare's first fundraising round was a $8M Series A in October 2019. The most recent completed round was a $210M Series E in January 2022.
DealShare funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jan 2022 | Series E | Alpha Wave Global (lead); Tiger Global (lead); Dragoneer; Unilever Ventures; Kora; Abu Dhabi Investment Authority; DF International Partners; Whiteboard Capital; Twenty Nine Capital Partners | $210M | $1.6B | DealShare is a Bengaluru-based social commerce platform targeting non-metro and rural India with group buying deals on groceries, essentials, fashion, beauty, electronics, and home decor, leveraging social virality and WhatsApp sharing to aggregate demand and reduce costs. It focuses on bringing 500 million new users into online shopping, particularly for daily needs, through a network of influencers and incentives for sharing deals. In January 2022, DealShare raised around $165 million in its ongoing Series E round led by Alpha Wave Global and Tiger Global, with participation from investors including Abu Dhabi Investment Authority, DF International Partners, Dragoneer Investment Group, Kora, Twenty Nine Capital Partners, Unilever Ventures, and Whiteboard Capital, achieving a post-money valuation of $1.62 billion according to Inc42 estimates, marking it as India's fourth unicorn of 2022. Other reports cite valuations around $1.7 billion. The round tripled its valuation from July 2021, bringing total funding to about $330 million at that time. At the time of the round, DealShare reported gross revenue growing 10X year-over-year with ARR of $750 million for FY22, serving over 5 million customers across 10 states and 70+ cities. The company planned to expand to 20 states and 300+ cities by December 2022, hire over 10,000 people, and target $3 billion ARR in FY23 while aiming for operational profitability. Post-funding, DealShare peaked at $900 million ARR in March-April 2022 before dropping to $600 million amid cost-cutting, with FY22 revenue at Rs 1,933 crore and losses of Rs 67 crore. It later faced challenges including layoffs, shutdown of B2B operations (20-30% of revenue), leadership changes, and a 74% revenue plunge to Rs 499.1 crore in FY24 with losses shrinking to Rs 167.2 crore. |
| Jul 2021 | Series D | Tiger Global (lead); WestBridge Capital (lead); AngelList India; Z3Partners; Alteria Capital; Z47; Alpha Wave Global; DST Global | $144M | $455M | Tiger Global led a USD 144 million Series D round in DealShare in July 2021, valuing the company at USD 455 million post-money. Existing investors WestBridge Capital, Alpha Wave Incubation (the Falcon Edge vehicle, now Alpha Wave Global) and Z3Partners participated, alongside partners of DST Global, Z47 (formerly Matrix Partners India), AngelList India and Alteria Capital. The round brought total funding to date to about USD 183 million. DealShare said the capital would support expansion of its operations and the growth of its network across non-metro and rural markets. Falcon Edge co-founder Navroz Udwadia said the firm had invested in DealShare in its seed days and had watched it grow rapidly. DealShare is an Indian social commerce company founded in 2018 that sells groceries, essentials and other consumer products at discounted prices through group buying and sharing over WhatsApp. It targets customers in smaller cities and rural areas and keeps costs low through demand aggregation, selling fruits, vegetables, beauty products, electronics and other categories. |
| Dec 2020 | Series C | WestBridge Capital (lead); Omidyar Network India; Z3Partners; Z47; Alpha Wave Global; Navroz D. Udwadia | $21M | $71M | DealShare is an Indian e-commerce platform targeting middle- and lower-income consumers in smaller cities and towns, offering discounted groceries and essentials through a social commerce model that leverages group buying and direct sourcing from manufacturers. Founded in 2018 by Vineet Rao, Sourjyendu Medda, Sankar Bora, and Rajat Shikhar, the company operates from Bangalore and focuses on non-metro demographics comprising 500 million new-to-internet users. By December 2020, DealShare was present in 25 cities across Rajasthan, Gujarat, Maharashtra, and Karnataka. On December 8, 2020, DealShare raised $21 million in its Series C funding round led by WestBridge Capital, with participation from Alpha Wave Incubation (Falcon Edge Capital), Z3Partners, existing investors Matrix Partners India and Omidyar Network India, and select angels like Navroz D. Udwadia. This brought total funding to $34 million over two years. The funds were earmarked for expanding to 100 cities and towns across five states within a year, augmenting brand presence, strengthening technology and team, and targeting an annual GMV of INR 2,500 crore and 1 crore customers. At the time, DealShare reported clocking revenues of $45 million+ on just $7 million of prior capital invested, highlighting efficient unit economics in contrast to the broader e-commerce sector's $15 billion+ investments without profitability. The company emphasized a low-cost, high-impact model tailored for regional buying patterns. Subsequent rounds included a July 2021 Series D of $144 million and later Series E financings reaching unicorn status at $1.5-1.7 billion valuations, but these post-date the queried round. |
| Oct 2019 | Series A | Alpha Wave Global (lead); Z47 (lead); Omidyar Network India; Growth Story; Titan Capital; DST Global | $8M | - | Matrix Partners India and Falcon Edge Capital, now Alpha Wave Global, co-led a Series A round in DealShare in October 2019, raising about $8 million. Omidyar Network India and DST Global partners also participated, and the company reported $11 million raised in total across its seed and Series A rounds. The funds were earmarked for city expansion, artificial-intelligence-based solutions and an in-house logistics network. At the time DealShare served Rajasthan and Gujarat and planned to reach 100 cities across more than 10 states within a year. DealShare is a social commerce company that sells groceries and household essentials through social media and messaging platforms such as WhatsApp. It targets middle- and lower-income customers in non-metro, Tier 2 and Tier 3 cities and rewards users when people they refer buy deals. The company was founded in September 2018 by Vineet Rao, Sourjyendu Medda, Sankar Bora, Rishav Dev and Rajat Shikhar and was headquartered in Jaipur at the time of the round. |
Who has invested in DealShare?
19 investors have backed DealShare across its funding rounds, including Alpha Wave Global, Z47, Tiger Global, DST Global, Omidyar Network India and WestBridge Capital.
Lead investors include Alpha Wave Global, Tiger Global, WestBridge Capital and Z47.
DealShare Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 4 | Lead | Oct 2019 | ||
| 3 | Lead | Oct 2019 | ||
| 2 | Participant | Oct 2019 | ||
| 2 | Lead | Dec 2020 | ||
| 2 | Participant | Dec 2020 | ||
| 2 | Lead | Jul 2021 | ||
| 2 | Participant | Oct 2019 | ||
| 1 | Participant | Jan 2022 | ||
| 1 | Participant | Jan 2022 | ||
| 1 | Participant | Jan 2022 | ||
| 1 | Participant | Jan 2022 | ||
| 1 | Participant | Jul 2021 | ||
| 1 | Participant | Jan 2022 | ||
This data is available for Pro users. Sign up to see all 19 DealShare investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialDealShare Competitors
DealShare competitors include listed companies like Ziff Davis and Ibotta, and private ones like Weidian Group, Ganji, Zhubajie and Bucketplace.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $1.4B | - | ||
| Private | - | - | $1.6B | - | ||
| Private | - | - | $1.6B | - | ||
| Private | $181M | - | $1.4B | 7.7x | ||
| Publicly listed | $1.5B | $335M | $1.9B | 0.9x | ||
| Publicly listed | $342M | $7M | $1.1B | 2.9x |
DealShare Public Comps
DealShare is still privately-owned, but its public comps include GO, Revolve Group, Suning.com, Lime, DeNA, The RealReal, eFinance, Sailvan Times, Modivo and Ziff Davis.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $263M | $49M | 5.2x | 4.9x | 28.2x | 21.5x | |||
| $1.2B | $89M | 1.1x | 1.0x | 14.8x | 14.1x | |||
| $7.4B | $900M | 0.6x | 0.6x | 5.1x | 18.3x | |||
| $887M | $87M | 1.7x | - | 17.3x | - | |||
| $937M | $174M | 1.1x | 1.1x | 5.7x | 6.5x | |||
| $693M | $15M | 2.6x | 2.3x | 121.5x | 27.4x | |||
| $121M | $63M | 11.3x | - | 21.8x | - | |||
| $1.8B | $87M | 0.7x | 0.6x | 14.7x | 11.5x | |||
This data is available for Pro users. Sign up to see all DealShare competitors and their valuation data. Start Free Trial | ||||||||
Common questions about DealShare
| When was DealShare founded? | DealShare was founded in 2018. |
| Where is DealShare headquartered? | DealShare is headquartered in Bangalore, India. |
| Is DealShare publicly listed? | No, DealShare is a private, VC-backed company. |
| What is DealShare's valuation? | DealShare was last valued at $1.6B in its Series E in January 2022. |
| How much funding has DealShare raised? | DealShare has raised $383M across 4 funding rounds. |
| What was DealShare's last funding round? | DealShare's last funding round was a $210M Series E in January 2022, led by Alpha Wave Global and Tiger Global. |
| Who are DealShare's investors? | DealShare's investors include Alpha Wave Global, Z47, Omidyar Network India, WestBridge Capital, Z3Partners, Tiger Global, DST Global, Dragoneer, Unilever Ventures, Kora and 9 others. |
| What is DealShare's revenue? | DealShare's latest recorded revenue is $258M (January 2022). |
| What is DealShare's revenue multiple? | DealShare's latest valuation implies a 6.3x revenue multiple ($1.6B valuation on $258M of revenue). |
| Which companies are comparable to DealShare? | Companies comparable to DealShare include Weidian Group, Ganji, Zhubajie, Bucketplace, Ziff Davis and Ibotta. |
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