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...
27 Nov, 2023, 06.00 AM IST
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 ...
24 Nov, 2023, 11.35 AM IST
Investors rope in Deloitte at Groyyo to shut down its B2B trading businessNew York-based investment fund Tiger Global is also believed to be engaging with another Big 4 audit firm for a potential forensic audit of...
30 Oct, 2023, 07.26 AM IST
Binny Bansal cashes out of Flipkart, Walmart stake hits nearly 80%; Dealshare CEO steps downSachin Bansal cashed out of Flipkart when the Americans moved in five years ago. But his cofounder Binny Bansal had held on to his stake. N...
01 Aug, 2023, 11.01 AM IST
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...
31 Jul, 2023, 10.25 PM IST
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 ...
27 Jan, 2023, 10.01 PM IST
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.
02 Jun, 2022, 12.00 AM IST
ETtech Deals Digest: Uniphore, ElasticRun, Pine Labs raise fundsArtificial intelligence platform Uniphore, business-to-business (B2B) ecommerce firm ElasticRun and digital payments and financial service ...
18 Feb, 2022, 05.37 PM IST
Dealshare raises $45 million from ADIA; valuation rises to $1.7 billionDealShare is now valued at over $1.7 billion.
17 Feb, 2022, 08.33 PM IST
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....
29 Jan, 2022, 04.03 PM IST
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...
29 Jan, 2022, 03.20 PM IST
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.
22 Dec, 2021, 06.00 AM IST
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 ...
02 Dec, 2021, 03.29 PM IST
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...
12 Oct, 2021, 06.31 PM IST
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...
15 Sep, 2021, 11.57 AM IST
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 ...
09 Jul, 2021, 06.52 PM IST
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.
08 Jul, 2021, 04.01 PM IST