Social e-commerce startup DealShare raises USD 11 mn

Emerging Technologies

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October 15, 2019

Source: Business Standard

Omidyar Network India, Matrix Partners, Falcon Edge Capital, DST Global and few leading angel investors participated in the round, taking the total funds raised to USD 11 million.

DealShare, which sells grocery and household essential products, commenced operations in September last year and focuses on middle and lower income population in non-metro cities.

Read more here.

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Omidyar Network India invests in bold entrepreneurs who help create a meaningful life for every Indian, especially the hundreds of millions of Indians in low-income and lower-middle-income populations, ranging from the poorest among us to the existing middle class. To drive empowerment and impact at scale, we work with entrepreneurs in the private, nonprofit and public sectors, who are tackling India’s hardest and most chronic problems. We invest in the areas of Advancing Cities, Digital Society, Education & Employability, Emerging Technologies, Financial Inclusion & Well-being and Property Inclusivity.
Omidyar Network India is part of the Omidyar Group, a diverse collection of companies, organizations and initiatives, supported by philanthropists Pam and Pierre Omidyar, founder of eBay.