Social buying platform DealShare said it has raised $11 million (Rs 78 crore) in two investment rounds led by Matrix Partners and Falcon Edge, along with participation from the partners of DST Global and Omidyar Network. The company, whose model mirrors that of China’s Pinduoduo, focuses on group buying of grocery and home merchandise targeted at middle and lower income consumers in smaller cities and towns.
Rajaram Legal advised
2019-10-11
Deal value: INR 78 crores (USD 11 million)
This deal report is based on a firm's press release and may be only partially complete. Some firms or names of advisers may be therefore be missing.