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DEALSHARE INVESTMENT
Footwear startup CHK raises $2.5 million from Accel, Bluestone, othersDealShare cofounder Sankar Bora’s company, based in Bengaluru, will deploy the funds to boost output and bolster R&D in the run-up to its p...- 2023 Year in Review: Meet the top free agents in India’s technology and startup ecosystemStartups like Dunzo and Dealshare have seen their cofounders leave, while top executives like Byju's chief technology officer Anil Goel, ch...
- Tata to double iPhone unit capacity in Hosur; consumer lending on PhonePe soonTata Electronics, which recently acquired an iPhone assembly plant in Kolar, from Taiwan’s Wistron, aims to double the size of its iPhone-c...
- Dealshare fires 130, shutters B2B vertical; SoftBank, Oyo parent Oravel partner for premium hotelsEcommerce platform Dealshare has sacked 130 employees and shut down its business-to-business vertical, just over a month after Vineet Rao s...
- Govt’s big leg-up for Startup Inc; Antler India closes Rs 500 crore maiden fundThe government is revving up in a big way to achieve India’s startup ambitions. A detailed plan is in the works to energise the ecosystem a...
- Exclusive: Dealshare lays off 100 as Tiger Global-backed startup reworks business planAccording to sources aware of the matter, the company has seen a drop of over 30% in its annualised gross merchandise value (GMV) run rate ...
- DealShare plans to invest Rs 500 crore in 2-3 years in private brands businessThe e-commerce firm said it has launched "52 categories of products with the new initiative set to contribute 30 per cent to DealShare's re...
- India saw 14 new unicorns in Jan-June; up from 13 year-on-year: TracxnIndia ranks third in overall unicorns created, with the United States in first position, followed by China, Tracxn added.
- Dealshare raises $45 million from ADIA; valuation rises to $1.7 billionDealShare is now valued at over $1.7 billion.
- Dealshare turns unicorn after $165 million funding from Tiger Global, Alpha WaveTiger Global invested almost $40 million while Alpha Wave Ventures invested more than $31 million. After the funding, Tiger Global owns 11....
- Google bets a billion on Bharti Airtel; Zomato backs two more startupsGoogle will make an equity investment of $700 million in Bharti Airtel at Rs 734 a share. The $300 million go towards scaling Airtel’s offe...
- CityMall joins hyper-competitive fresh grocery spaceThe startup had struggled with supply chain issues despite attracting demand the first time around, a person aware of its plans said.
- DealShare appoints Ratul Ghosh as chief growth officerVineet Rao, Founder & CEO, DealShare said in a release: “We are at the cusp of exponential growth and his invaluable experience of over 20 ...
- Swiggy to test social commerce for group buying of groceriesSwiggy has been conducting a combination of external as well as internal hiring – including for several technology roles - to build the ver...
- DealShare to invest $100 mn for scaling operations, hire 5,000 people"Currently, we are present in almost 900 pin codes across 5 states and over 45 cities. By the end of the year, we will hit a GMV ARR (annua...
- ETtech Deals Digest: DealShare, Shiprocket raise funds this weekStartups raised smaller funding rounds this week compared to the previous one. Social commerce platform DealShare and logistics aggregator ...
- DealShare raises $144 million from Tiger Global and othersThe round was led by New York venture fund Tiger Global and co-led by WestBridge Capital, Alpha Wave Incubation and Z3Partners.
- Social Commerce Fortunes Hinge On Local InfluencersDeeper foray into ‘voice, vernacular and video’ as well as expansion into new categories and applications will be crucial for social commer...
- DealShare raises $21 million in funding led by WestBridge CapitalThe company targets the middle-income demographic, focusing on 500 million new-to-internet users.
- Social e-commerce startup DealShare gets $11 millionMatrix Partners and Falcon Edge led the two investment rounds for the firm.
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