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- DealShare
DealShare Valuation, Funding & Investors
DealShare is valued at $1.6B as of January 2022.
Last DealShare valuation
$1.6B
Series E · Jan 2022
Last DealShare funding round
$210M
Series E · Jan 2022
Cumulative funding DealShare raised
$378M
across 4 funding rounds
Key investors in DealShare
Z47
Alpha Wave Global
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
Valuation
$1.6B (Jan 2022)
DealShare Valuation
DealShare is currently valued at $1.6B, based on its Series E in January 2022.
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
| Date | Stage | Valuation |
|---|---|---|
| Jan 2022 | Series E | $1.6B |
| Jul 2021 | Series D | $455M |
| Dec 2020 | Series C | $71M |
DealShare Funding History
DealShare has raised a total of $378M across 4 funding rounds.
DealShare's first fundraising round was a $3M Series A in April 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 Incubation; DST Global | $144M | $455M | DealShare is a social e-commerce platform based in India, focused on group buying and demand aggregation for groceries, essentials, fashion, and other consumer products targeting non-metro and rural markets via WhatsApp and social sharing. It enables users to access discounts through viral sharing and community purchases, aiming to bring 500 million new online shoppers into the fold. The company, founded in 2018 and headquartered in Jaipur or Bengaluru, operates a C2B model to reduce costs and offers multi-category products including fruits, vegetables, beauty, and electronics. In July 2021, DealShare raised funds in an ongoing round from investors including Tiger Global and Westbridge Capital, though specific round size and valuation details for that exact date are not detailed in sources. This followed earlier rounds and preceded its unicorn status. By early 2022, in a Series E extension, it raised $165M-$210M at a $1.62B-$1.71B valuation led by Tiger Global, Alpha Wave, and others, tripling its prior valuation and bringing total funding to around $330M-$387M. Investors in prior rounds included Dragoneer, WestBridge, DST Global, and AngelList India. Traction included over 5 million customers by 2021, a network of 50,000 influencers, and operations in 10 states and 70+ cities, with plans to expand to 20 states and 300+ cities by end-2022, hiring 10K+ people, and targeting 50 million new customers. Sources mention gross revenue growing 10X year-over-year with FY22 ARR of $750M and ambitions for $3B ARR in FY23 toward operational profitability. Later financials showed FY24 revenue plunging 74% to Rs 499.1 crore from FY23's Rs 1,963 crore, with widening losses. DealShare competes in India's social commerce and online grocery space, emphasizing low-cost operations through virality. Total funding reached $624.8M by some estimates, with employee count around 1,400-1,906 and ongoing expansion plans despite market challenges. |
| 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. |
| Apr 2019 | Series A | Alpha Wave Global (lead); Z47 (lead); Omidyar Network India; Growth Story; Titan Capital; DST Global | $3M | - | - |
Who has invested in DealShare?
20 investors have backed DealShare across its funding rounds, including Z47, Alpha Wave Global, 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 |
|---|---|---|---|---|
| 3 | Lead | Apr 2019 | ||
| 3 | Lead | Apr 2019 | ||
| 2 | Participant | Apr 2019 | ||
| 2 | Participant | Dec 2020 | ||
| 2 | Lead | Jul 2021 | ||
| 2 | Lead | Dec 2020 | ||
| 2 | Participant | Apr 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 20 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 ACV Auctions and Ziff Davis, and private ones like Whop, Weidian Group, Ganji and Zhubajie.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $142M | - | $1.6B | 11.3x | ||
| Private | - | - | $1.4B | - | ||
| Private | - | - | $1.6B | - | ||
| Private | - | - | $1.6B | - | ||
| Publicly listed | $760M | ($19M) | $1.8B | 2.1x | ||
| Publicly listed | $1.5B | $335M | $2B | 1.0x |
DealShare Public Comps
DealShare is still privately-owned, but its public comps include eFinance, GO, Suning.com, DeNA, CarTrade Tech, Revolve Group, Modivo, ACV Auctions, Sailvan Times and E-MART.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $130M | $67M | 11.8x | - | 22.8x | - | |||
| $266M | $49M | 5.4x | 5.3x | 29.4x | 24.7x | |||
| $7.3B | $893M | 0.6x | 0.6x | 5.1x | 18.1x | |||
| $950M | $177M | 1.1x | 1.1x | 5.8x | 6.5x | |||
| $81M | $33M | 17.5x | 15.6x | 43.2x | 43.8x | |||
| $1.2B | $89M | 1.0x | 0.9x | 13.6x | 12.9x | |||
| $2.9B | $224M | 1.0x | 0.9x | 12.8x | 7.3x | |||
| $760M | ($19M) | 2.3x | 2.1x | (89.6x) | 24.8x | |||
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 $378M 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 Z47, Alpha Wave Global, Omidyar Network India, Z3Partners, Tiger Global, Westbridge Capital, DST Global, Dragoneer, Unilever Ventures, Kora and 10 others. |
| Which companies are comparable to DealShare? | Companies comparable to DealShare include Whop, Weidian Group, Ganji, Zhubajie, ACV Auctions and Ziff Davis. |
See companies similar to DealShare
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