Indian e-commerce company founded in 2018, selling groceries and household essentials to price-conscious shoppers in smaller cities through a community-led, group-buying model. It reached a $1.7 billion valuation in 2022 before a sharp contraction, restructuring and the departure of its entire founding team.
1StartupFox story
2018Founded
E-commerceSector
Aug 2026Latest coverage
Funding
DealShare has raised $210M across 2 disclosed rounds, most recently a Series E in Jan 2022.
$210MRaised
Series ELatest round · Jan 2022
$1.68BValuation
2Events
Chart appears once 1 more funding round is recorded — below that a chart shows less than the table does.
Jan 2022Series E$165MTiger Global, Alpha Wave Global, Kora Investment $1.68B
2022Series E extension$45MAbu Dhabi Investment Authority $1.7B
Valuation journey
Price marks from disclosed rounds — DealShare has been a unicorn since 2022, last reported at $1.68B (unconfirmed).
Founded in Bengaluru by ["Sourjyendu Medda", "Vineet Rao", "Sankar Bora", "Rajat Shikhar"].
2022 · funding
Series E extension — $45M at $1.7B, led by Abu Dhabi Investment Authority.
Jan 2022 · funding
Series E — $165M at $1.68B, led by Tiger Global.
Jan 2022 · milestone
Enters the unicorn club on a $165 million Series E led by Tiger Global, Alpha Wave Global and Kora Investment. A subsequent $45 million cheque from ADIA sets the peak valuation at $1.7 billion. ↗
Mar 2024 · milestone
Completes a restructuring that shuts the B2B vertical and cuts more than 100 jobs. Gross revenue falls 75% for the year while losses narrow by two-thirds. ↗
Aug 2026 · milestone
Enters advanced acquisition talks with online pharmacy Truemeds, with meat and seafood retailer Captain Fresh also in discussions. Sources say the company would likely wind down if neither deal closes. ↗
The rest of DealShare's profile is free
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Indian e-commerce company founded in 2018, selling groceries and household essentials to price-conscious shoppers in smaller cities through a community-led, group-buying model. It reached a $1.7 billion valuation in 2022 before a sharp contraction, restructuring and the departure of its entire founding team.
Who founded DealShare?
DealShare is associated with ["Sourjyendu Medda", "Vineet Rao", "Sankar Bora", "Rajat Shikhar"].
How much funding has DealShare raised?
DealShare has raised $210M across 2 disclosed rounds. The most recent was a $165M Series E in Jan 2022.
Who are DealShare's investors?
Disclosed investors in DealShare include Tiger Global, Alpha Wave Global, Kora Investment, Abu Dhabi Investment Authority.
What is DealShare's valuation?
DealShare was last reported at $1.68B, at the time of its Series E in Jan 2022.
Is DealShare profitable?
Per its FY25 consolidated filing, DealShare reported ₹432 Cr in revenue, with a ₹88 Cr loss.
What is the latest news on DealShare?
The most recent StartupFox coverage is “Truemeds Is Buying DealShare For Roughly What Sits In Its Bank Account” (31 August 2026). All stories are listed on this page.
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