DealShare clocks more than 1 Million orders in its first year - RNews1 Network

DealShare clocks more than 1 Million orders in its first year

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Jaipur : Jaipur-based e-commerce retail start-up, DealShare has furnished more than 1 Million orders where remarkably 80% of its orders have come from tier 2 cities and mainly average and middle-income groups. Building a strong client base in cities like Jaipur, Kota, Ajmer, Sikar, Ahmedabad were the key centers to focus on grocery and general household demands.

Vineet Rao, Founder & CEO – DealShare says, “We are thrilled with the success and trust that people are showing on our platform. On one hand, where we are helping small merchants, manufacturers, businessmen earn and gain popularity; we are also focusing on offering amazing discounts when one buys together with friends.” Along with this Vineet also mentioned that “Dealshare has successfully created a low cost, highly efficient, and an innovative in-house logistic model that serves the mass population profitably.”

He further added that, “The Company has raised $3.4 million from Matrix Partners, Falcon Edge, Omidyar Network and angel investors who believed in our model and now we are aggressively expanding outside Jaipur.”

DealShare has reportedly doubled its sales with about 8000 orders per day delivered in Jaipur. With this substantial pace of growth in Tier 2, 3, 4 markets, DealShare is looking at 5% of market share in the same by the end of 2020.

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