# DealShare

> DealShare is an Indian value grocery retailer founded in 2018. It grew through WhatsApp-led deal sharing, regional sourcing and community distribution, then closed its B2B arm and tested online-plus-offline retail. September 2026 reporting describes a largely halted online business and about 22 operating physical stores.

- **Founded:** 2018
- **Headquarters:** Jaipur, India
- **Founders:** Vineet Rao (Co-founder; former CEO), Sourjyendu Medda (Co-founder; former chief business officer and co-CEO), Sankar Bora (Co-founder; former COO), Rajat Shikhar (Co-founder; historically chief product officer)
- **Products:** Grocery and everyday essentials, Social shopping app, Neighbourhood retail stores, DealShare 2.0 delivery model, Private-label essentials
- **Notable:** Reached unicorn status in January 2022., February 2022 Series E extension valued the company at US$1.7 billion., Reported over 10 million customers across over 100 cities in February 2022.

## Products & services

- **Grocery and everyday essentials** — Groceries, packaged food, fruit and vegetables, personal care, home care and general merchandise sold through an inventory-led retail model.
- **Social shopping app** — Historically used discounts and sharing to aggregate demand; September 2026 reporting says online fulfilment has largely halted.
- **Neighbourhood retail stores** — Physical value grocery shops piloted in 2023; roughly 22 reported operating in September 2026.
- **DealShare 2.0 delivery model** — Two-hour grocery delivery with batched orders and a focused assortment, described in November 2025; later reportedly wound down.
- **Private-label essentials** — Own-brand products intended to improve margin; in November 2025 about 30% of non-perishable SKUs were reported to be private labels.

## Achievements

- Reached unicorn status in January 2022.
- February 2022 Series E extension valued the company at US$1.7 billion.
- Reported over 10 million customers across over 100 cities in February 2022.
- Raised US$393 million cumulatively by February 2022, according to contemporaneous reporting.

## Latest updates

- **2025-11** — CEO described two-hour delivery, ₹100 crore invested in 50 dark stores, and a roughly 3,000-SKU assortment.
- **2026-09** — Inc42 reported online fulfilment largely halted, about 22 stores operating, expansion paused and unconfirmed acquisition discussions involving Truemeds.

## Links

- Website: https://dealshare.in
- LinkedIn: https://www.linkedin.com/company/dealshare-in/
- Twitter/X: https://x.com/dealshareindia
- Instagram: https://www.instagram.com/dealshare_india/
- Facebook: https://www.facebook.com/dealshare.in/

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Profile page: https://yespress.io/dealshare
Published by YesPress — https://yespress.io
Last updated: 2026-10-11