DealShare aims to cross Rs 2500 cr GMV, raises $21 mn from investors
DealShare, a fast-growing e-commerce company, has raised $21 million in Series C funding round led by WestBridge Capital. The financing round includes participation from Alpha Wave Incubation – a venture fund managed by Falcon Edge Capital, Z3Partners and existing investors Matrix Partners India and Omidyar Network India. With the current round, the total funding raised by DealShare in the last two years stands at $34 million.
DealShare is rapidly developing into the go-to platform for value-conscious customers. It will use the capital proceeds for the next phase of its growth, which will include expanding to newer geographies, penetrating deeper into current markets and scaling operations.