{
  "id": 8037642,
  "title": "DealShare Hunts For One Last Deal, Will It Find Any Takers?",
  "url": "https://urgent.news/2026/09/17/dealshare-hunts-for-one-last-deal-will-it-find-any-takers",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-17T13:24:43.000Z",
  "source": {
    "name": "Inc42",
    "slug": "inc42",
    "url": "https://inc42.com/features/dealshare-hunts-for-one-last-deal-will-it-find-any-takers/"
  },
  "original_language": "en",
  "account": "DealShare, once a unicorn startup valued at $1.7 billion, is now seeking a buyer amid talks for a potential acquisition at a significant discount. The company, which once aimed to be an ecommerce and supply chain destination for consumers in Tier II, Tier III and beyond, struggled to gain traction after raising $165 million in funding. In August 2023, DealShare exited the B2B vertical and focused solely on B2C ecommerce operations. Despite raising over $200 million in the previous year, the company's net loss reached ₹500 crore in FY23 against a revenue of ₹1,963.5 crore. The company's new leadership, Kamaldeep Singh, previously a Big Bazaar executive, implemented a new strategy to return to B2C value commerce with a two-hour delivery model. DealShare currently operates 40 dark stores and processes around 25,000-30,000 orders daily in cities like Jaipur, Ghaziabad, Lucknow, and Kolkata. Despite the shift to offline operations, the company is still exploring different models, including an offline-only setup, retaining online operations, or an omnichannel approach. The fate of the approximately $90 million remaining on DealShare's balance sheet remains uncertain.",
  "summary": "“DealShare is today an empty vessel with $90 Mn in cash.” That’s how an investor who is aware of the…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}