Platform to Showcase Innovative Startups and Tech NewsPlatform to Showcase Innovative Startups and Tech News
    Facebook Twitter Instagram
    Platform to Showcase Innovative Startups and Tech NewsPlatform to Showcase Innovative Startups and Tech News
    Facebook Twitter YouTube
    • Featured Startups
    • Funding News
    • CEO Interviews
    • Startup Resources
    • Inspiring Stories
    • Submit Startup
      • Pitch VCs
    • More
      • Our Team
      • Advertise
      • Write for us
      • Privacy policy
      • Startup listing
      • Steal The Deal
      • Contact
    Platform to Showcase Innovative Startups and Tech NewsPlatform to Showcase Innovative Startups and Tech News
    Home»News»Social E commerce startup DealShare enters Karnataka
    News

    Social E commerce startup DealShare enters Karnataka

    Girish ShettiBy Girish ShettiApril 29, 2020Updated:April 30, 20202 Mins Read
    Facebook Twitter LinkedIn Email
    Share
    Facebook Twitter LinkedIn Email

    DealShare, a social e-commerce platform that offers online shopping services to people hailing from low income segment, has forayed into IT city of Bengaluru. This almost two year startup is already providing services across 25 cities in leading states like Maharashtra, Gujarat and Rajasthan.

    Commenting on DealShare’s enter in Bengaluru, Mr. Vineet Rao, Founder and Chief Executive Officer said “DealShare has serviced more than 15 lakh customers across Rajasthan, Gujarat and Maharashtra who now use the app regularly.”

    He further added “In fact, we are witnessing more than 50% month-on-month increase in the customer base in these states. We are confident we will see an even better traction in Bengaluru as it is a city that has always been very rapidly adopting new things. Further, we are looking forward to significantly invest in expanding our existing technology team in Bengaluru from 50 to 500 people.”

    The company plans to make Bengaluru its southern hub and also intends to enter in other Southern regions like Chennai and Hyderabad in the next few months, claimed Mr. Sourjyendu Medda, co-founder & Chief Business Officer.

    In the IT hub of Bengaluru, company is planning to provide customers unhindered access to locally procured indigenous/regional products and brands across various categories at the best possible prices.

    Along with its B2C operation, the startup has also launched a B2B platform to aid state government and local authorities in delivering essential products to residents during the ongoing COVID 19 lockdown.

    DealShare is actually bit different from other conventional e-commerce platforms like Flipkart and Amazon. The company leverages the potential of both e-commerce and social platforms to help customers avail worthy online shopping deals.

    However, its differentiating factor doesn’t merely end here. Deals and products found on this platform are way different than found on usual e-commerce websites. It stocks relatively less popular brands in every product segment, since the focus is mainly on middle and low income customers, who are more affiliated towards local brands.

    DealShare boasts on an average 2000 stock keeping units (SKU) across all categories and delivers almost 30,000 to 40,000 orders per day to its consumers and Kirana Partners, according to the statement issued by the company.

    In October last year, the company had raised $11 Mn in series A round from high profile investors like Matrix Partner and Falcon Edge Capital.

    DealShare featured Matrix Partners Social e-commerce startup
    Share. Facebook Twitter LinkedIn Email
    Girish Shetti

    Related Posts

    Twitter’s Head of Trust and Safety Ella Irwin Resigns

    June 2, 2023

    Apple may rollout ‘several’ Macs at WWDC Event

    June 1, 2023

    AI is as risky as Nuclear Weapon, top Tech Companies claim  

    May 31, 2023

    Nvidia unveils Slew of AI Products including a new Supercomputer  

    May 30, 2023

    Leave A Reply Cancel Reply

    Popular Post
    • Why is one Airpod louder than the other- reason and fixes Why Is One Airpod Louder Than The Other- Reason And Fixes
    • Is Real Estate Investment Trusts a Good Career Path Is Real Estate Investment Trusts a Good Career Path? [Complete Guide]
    • advertisement examples 16 Creative Product Advertisement Examples & Ad Campaigns You Must See
    • Places that hire at 15 Places that Hire at 15 Years – Top Choices for Teenagers
    • Pestel Analysis PESTEL Analysis – What it Means and its 6 Factors Explained
    Category Posts
    • how to delete google photos without deleting from iphone How to Delete Google Photos Without Deleting from iPhone
    • can wifi owner see what sites i visit on phone Can Wi-Fi Owner See What Sites I Visit on My Phone?
    • Twitter’s Head of Trust and Safety Ella Irwin Resigns
    • how to stop instagram from saving posts to camera roll How to Stop Instagram from Saving Posts to Camera Roll: Take Control of Your Post-Saving Settings
    • how to draw on pdf How to Draw on PDFs: Unleash Your Artistic Skills
    Our Partners
    Shopping online for Windows tablet - DHgate
    Platform to Showcase Innovative Startups and Tech News
    Facebook Twitter YouTube
    • Popular Posts
    • Advertise
    • Submit A Startup
    • Privacy policy
    • Disclaimer
    © 2023 Techpluto. Designed by Techpluto.

    Type above and press Enter to search. Press Esc to cancel.

    Catch the latest news from Startup World in your Inbox!
    [email protected]