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

DealShare Overview

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

IndiaBangalore

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

DealShare valuation by funding round
DateStageValuation
Jan 2022Series E$1.6B
Jul 2021Series D$455M
Dec 2020Series 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

DealShare funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Jan 2022Series EAlpha Wave Global (lead); Tiger Global (lead); Dragoneer; Unilever Ventures; Kora; Abu Dhabi Investment Authority; DF International Partners; Whiteboard Capital; Twenty Nine Capital Partners$210M$1.6BDealShare 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 2021Series DTiger Global (lead); Westbridge Capital (lead); AngelList India; Z3Partners; Alteria Capital; Z47; Alpha Wave Incubation; DST Global$144M$455MDealShare 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 2020Series CWestbridge Capital (lead); Omidyar Network India; Z3Partners; Z47; Alpha Wave Global; Navroz D. Udwadia$21M$71MDealShare 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 2019Series AAlpha 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

Investors in DealShare by funding rounds participated
InvestorHQRoundsRoleFirst check
Z47IndiaMumbai3LeadApr 2019
Alpha Wave GlobalUnited StatesMiami, FL3LeadApr 2019
Omidyar Network IndiaIndiaMumbai2ParticipantApr 2019
Z3PartnersIndiaMumbai2ParticipantDec 2020
Tiger GlobalUnited StatesNew York City, NY2LeadJul 2021
Westbridge CapitalCanadaSaskatoon2LeadDec 2020
DST GlobalCayman IslandsGeorge Town2ParticipantApr 2019
DragoneerUnited StatesSan Francisco, CA1ParticipantJan 2022
Unilever VenturesUnited KingdomLondon1ParticipantJan 2022
KoraUnited StatesNew York City, NY1ParticipantJan 2022
Abu Dhabi Investment AuthorityUAEAbu Dhabi1ParticipantJan 2022
AngelList IndiaIndiaDelhi1ParticipantJul 2021
DF International PartnersMauritiusEbène1ParticipantJan 2022

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DealShare Competitors

DealShare competitors include listed companies like ACV Auctions and Ziff Davis, and private ones like Whop, Weidian Group, Ganji and Zhubajie.

Public and private companies comparable to DealShare
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
WhopUnited StatesNew York City, NYPrivate$142M-$1.6B11.3x
Weidian GroupChinaBeijingPrivate--$1.4B-
GanjiChinaBeijingPrivate--$1.6B-
ZhubajieChinaChongqingPrivate--$1.6B-
ACV AuctionsUnited StatesUnited StatesPublicly listed$760M($19M)$1.8B2.1x
Ziff DavisUnited StatesUnited StatesPublicly listed$1.5B$335M$2B1.0x

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 FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
eFinance$130M$67M11.8x-22.8x-
GO$266M$49M5.4x5.3x29.4x24.7x
Suning.com$7.3B$893M0.6x0.6x5.1x18.1x
DeNA$950M$177M1.1x1.1x5.8x6.5x
CarTrade Tech$81M$33M17.5x15.6x43.2x43.8x
Revolve Group$1.2B$89M1.0x0.9x13.6x12.9x
Modivo$2.9B$224M1.0x0.9x12.8x7.3x
ACV Auctions$760M($19M)2.3x2.1x(89.6x)24.8x

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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.

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