Alpha Wave-Backed Dealshare Shuts B2B Biz, Lays Off Over 100 Employees
DealShare has decided to discontinue its B2B business and fired over 100 employees this month as part of this process
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DealShare has decided to discontinue its B2B business and fired over 100 employees this month as part of this process
DealShare was valued at $1.7 Bn in January 2022, but like many other Indian unicorns, this bloated valuation is being questioned
Having taken strong and consistent strides towards the road to recovery, India and its people are now looking forward to growing in every way with renewed hope and vigour this financial year. In an effort to bring avenues closer, and turn this hope f
Alpha Wave invests in India's DealShare India-based social commerce startup DealShare, on Tuesday announced that the company has raised $21 million in its Series C round led by WestBridge Capital, with participation from Alpha Wave Incubation (a venture fund managed by Falcon Edge Capital), Z3Partners, and existing investors including Matrix Partners India and Omnidyar Network India, along with a few angel investors. Founded in 2018 by Vineet Rao, Sourjyendu Medda, Sankar Bora, Rishav Dev and Rajat Shikhar; DealShare says that it targets value-conscious consumers and offers them...