DealShare, one of the fastest-growing social e-commerce companies has announced that has massively expanded its presence in the state. The company now operates in 15 cities and towns of Rajasthan. The cities currently being serviced are Jaipur, Kota, Jodhpur, Udaipur, Ajmer, Sawai Madhopur, Sikar, Chomu, Sirohi, Tonk, Rawatbhata, Kishangarh, Alwar, Bharatpur, and Shrimadhopur. With this expansion, DealShare will be rendering its services across 15 cities and towns in Rajasthan. The company has also announced that they are strengthening their warehousing capabilities. They will be expanding their warehousing from 20 thousand square feet to 2 lacs square feet to address the expansion and increasing demand. Additionally, DealShare is also planning to ramp up its employee base. They will be hiring 500 employees across functions.
Commenting on the expansion, Mr. Vineet Rao, Founder and Chief Executive Office, DealShare, said, “Since our launch in 2018, we have always seen a positive response in Rajasthan. In fact, in the last three months, we have recorded a 50% growth and on-boarded 30,000 new consumers. This positive sentiment has further encouraged us to deep dive into the state. We are planning to expand to 30 cities by December and reach 300 pin codes. Currently, Rajasthan is our strongest market. We are confident that the penetration into newer markets will help us to strengthen our position and touch 50,000 orders per day in Rajasthan.”
“Despite the current on-ground challenges, we have been able to service over more than 15 lac orders in the last three months, catering to approximately 20 thousand orders per day. In the next three months, we are hopeful to scale up our average daily orders to 50,000. Further, apart from offering quality products at affordable prices, we also strive to provide the MSMEs and SMEs an opportunity to reach out to a wider audience. In Rajasthan, we are currently associated with more than 300 manufactures and we are looking at expanding this base to 600 by the end of this year”, said, Mr. Sourjyendu Medda, Founder, Chief Business Officer and Chief Financial Officer, DealShare.
Apart from extending their services to newer areas, DealShare has also widened its product portfolio pan India. They have added perishables like fruits, vegetables, dairy products, bread, and household general merchandise like plastics, utensils, stationery, household electronics & electrical equipment and luggage.
Founded in September 2018 DealShare has established itself as a key e-grocery player in the social commerce space, a concept that utilizes e-commerce and social media to help customers avail noteworthy deals and discounts on their daily-use products while encouraging group buying. DealShare currently has presence across 25 cities and has more than 15 lakh customers shopping from the platform.
About DealShare: DealShare is an incredibly disruptive social e-commerce model objectified towards re-inventing e-retail for the next billion users. Headquartered in Bangalore with offices in Jaipur, Ahmedabad and Mumbai, DealShare, a hyperlocal e-retail business, was established on 5th September 2018 by Vineet Rao, Sourjyendu Medda, Sankar Bora and Rajat Shikar. It is currently operational in major and minor cities of Rajasthan, Maharashtra, Gujarat and Karnataka. DealShare is a discovery led model of business, which lets its customers discover super deals on household and grocery products. Deals on this platform are somewhat different than what is offered on other e-commerce platforms. With an average of 5,000 stock keeping units (SKU) across all categories, DealShare delivers about 40,000 orders per day to its consumers and Kirana Partners. Currently, DealShare has 800 manufacturers and suppliers out of which 70% are local.