DealShare raises $11 mn led by Matrix Partners, Falcon Edge Capital

Vineet Rao, CEO and head of technology, DealShare. Photo: Livemint.

DealShare, a startup that uses social media to offer group-buying discounts on household items, said on Thursday it has raised as much as $11 million in a Series A round led by venture capital firm Matrix Partners and the US-based Falcon Edge Capital.

Partners of DST Global, impact investor Omidyar Network, and other angel investors participated in the round as well.

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