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SOURJYENDU MEDDA
Fireside, Genesia back Sports for Life with ₹21.57 crore in Series A fundingSports for Life (SFL) has secured ₹21.57 crore in Series A funding led by Fireside Ventures and Genesia Ventures. The investment will fuel ...
DealShare shifts focus to B2C model as it relaunches operationsThe Tiger Global-backed hyperlocal ecommerce company, which now targets value-conscious customers in smaller cities, had to shut down its B...
Dealshare FY24 revenue falls 75% post restructuring, loss narrows to a thirdWhile revenue fell sharply, it managed to reduce loss to a third at Rs 167 crore compared with Rs 503 crore the year before, according to t...
Unacademy’s Hemesh Singh joins other founders who donned non-executive rolesUnacademy's Hemesh Singh on Saturday stepped down as CTO of the company, moving to an advisory role. This is one of the many top-deck chang...
Dealshare names Kamaldeep Singh as CEO, third cofounder Sourjyendu Medda quitsThe appointment coincides with another Dealshare founder Sourjyendu leaving the company. Two other founders of the etailer, Vineet Rao and ...
Dealshare founder, president of retail business in race for CEO post“There is a review going on since Rao stepped down as the CEO. Singh and Medda are the two candidates from the existing management. But the...
Dealshare cofounders Vineet Rao, Sankar Bora exit post rejigWhile Rao “stepped down” from his role of chief executive in July and was supposed to work with the board for hiring a new CEO, he has now ...
Dealshare lays off 130 employees, closes down B2B verticalThe layoffs come roughly one-and-a-half months after Vineet Rao stepped down as Dealshare’s chief executive. The company had earlier decide...
Ecommerce startup Dealshare CEO Vineet Rao steps down, board will identify replacementThe company said Rao would “work with the Board to help identify the right CEO to lead this mission. He will also continue to work with and...
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...
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....
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.
How to Make a Perfect Startup PitchIn a country where only 15 per cent of startups manage to scale up beyond their early-stage fund raising, the pitch note plays an important...
DealShare raises $21 million in funding led by WestBridge CapitalThe company targets the middle-income demographic, focusing on 500 million new-to-internet users.
DealShare aims Rs 7,000 cr GMV by 2023-24, to expand footprint to 100 cities by MarchE-commerce start-up DealShare on Friday said it has recorded seven times growth year-on-year in sales and aims to achieve a gross merchandi...
E-commerce startup DealShare to hire 5,000 people by DecemberCurrently, DealShare has more than 300 direct employees. The company has close to two million subscribers, and the number is growing steadi...
Social e-commerce startup DealShare gets $11 millionMatrix Partners and Falcon Edge led the two investment rounds for the firm.
Social e-commerce: Local focus for a bigger audienceDealShare, unlike most startups which operate from big cities like Bengaluru, operate from the Pink City.